The jackpot for the Powerball draw on Wed Feb 25, 2026, is projected to be $218 Million, with an option for a cash payout of $101.6 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin Powerball Jackpot/Cash Option for Wed Feb 25, 2026 |
|---|
| Draw Date | Wed Feb 25, 2026 | | Projected Jackpot | $218,000,000 | | Cash Value | $101,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $101,600,000 | | Federal Tax(24%) | $24,384,000 | | Additional Federal Tax | $13,168,330 | | State Tax(7.65%) | $7,772,400 | | Net Lumpsum Payment | $56,275,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,281,118 |
$1,174,344
$251,006 |
$1,855,768 |
| 2 |
$3,445,272 |
$1,235,081
$263,563 |
$1,946,628 |
| 3 |
$3,617,492 |
$1,298,802
$276,738 |
$2,041,952 |
| 4 |
$3,798,432 |
$1,365,750
$290,580 |
$2,142,102 |
| 5 |
$3,988,310 |
$1,436,005
$305,106 |
$2,247,199 |
| 6 |
$4,187,780 |
$1,509,809
$320,365 |
$2,357,606 |
| 7 |
$4,397,060 |
$1,587,243
$336,375 |
$2,473,442 |
| 8 |
$4,617,022 |
$1,668,629
$353,202 |
$2,595,191 |
| 9 |
$4,847,884 |
$1,754,047
$370,863 |
$2,722,974 |
| 10 |
$5,090,300 |
$1,843,741
$389,408 |
$2,857,151 |
| 11 |
$5,344,706 |
$1,937,872
$408,870 |
$2,997,964 |
| 12 |
$5,611,974 |
$2,036,761
$429,316 |
$3,145,897 |
| 13 |
$5,892,540 |
$2,140,570
$450,779 |
$3,301,191 |
| 14 |
$6,187,276 |
$2,249,623
$473,327 |
$3,464,326 |
| 15 |
$6,496,618 |
$2,364,079
$496,991 |
$3,635,548 |
| 16 |
$6,821,438 |
$2,484,262
$521,840 |
$3,815,336 |
| 17 |
$7,162,390 |
$2,610,415
$547,923 |
$4,004,052 |
| 18 |
$7,520,564 |
$2,742,939
$575,323 |
$4,202,302 |
| 19 |
$7,896,614 |
$2,882,078
$604,091 |
$4,410,445 |
| 20 |
$8,291,412 |
$3,028,153
$634,293 |
$4,628,966 |
| 21 |
$8,706,048 |
$3,181,568
$666,013 |
$4,858,467 |
| 22 |
$9,141,394 |
$3,342,646
$699,317 |
$5,099,431 |
| 23 |
$9,598,322 |
$3,511,710
$734,272 |
$5,352,340 |
| 24 |
$10,078,358 |
$3,689,323
$770,994 |
$5,618,041 |
| 25 |
$10,582,156 |
$3,875,728
$809,535 |
$5,896,893 |
| 26 |
$11,111,460 |
$4,071,571
$850,027 |
$6,189,862 |
| 27 |
$11,666,924 |
$4,277,092
$892,520 |
$6,497,312 |
| 28 |
$12,250,292 |
$4,492,938
$937,147 |
$6,820,207 |
| 29 |
$12,862,872 |
$4,719,593
$984,010 |
$7,159,269 |
| 30 |
$13,505,972 |
$4,957,540
$1,033,207 |
$7,515,225 |
|
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