The jackpot for the Powerball draw on Mon Apr 13, 2026, is projected to be $45 Million, with an option for a cash payout of $20.5 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 Mon Apr 13, 2026 |
|---|
| Draw Date | Mon Apr 13, 2026 | | Projected Jackpot | $45,000,000 | | Cash Value | $20,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $20,500,000 | | Federal Tax(24%) | $4,920,000 | | Additional Federal Tax | $2,625,330 | | State Tax(7.65%) | $1,568,250 | | Net Lumpsum Payment | $11,386,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$677,295 |
$210,930
$51,813 |
$414,552 |
| 2 |
$711,180 |
$223,467
$54,405 |
$433,308 |
| 3 |
$746,730 |
$236,620
$57,125 |
$452,985 |
| 4 |
$784,080 |
$250,440
$59,982 |
$473,658 |
| 5 |
$823,275 |
$264,942
$62,981 |
$495,352 |
| 6 |
$864,450 |
$280,177
$66,130 |
$518,143 |
| 7 |
$907,650 |
$296,161
$69,435 |
$542,054 |
| 8 |
$953,055 |
$312,961
$72,909 |
$567,185 |
| 9 |
$1,000,710 |
$330,593
$76,554 |
$593,563 |
| 10 |
$1,050,750 |
$349,108
$80,382 |
$621,260 |
| 11 |
$1,103,265 |
$368,538
$84,400 |
$650,327 |
| 12 |
$1,158,435 |
$388,951
$88,620 |
$680,864 |
| 13 |
$1,216,350 |
$410,380
$93,051 |
$712,919 |
| 14 |
$1,277,190 |
$432,891
$97,705 |
$746,594 |
| 15 |
$1,341,045 |
$456,517
$102,590 |
$781,938 |
| 16 |
$1,408,095 |
$481,326
$107,719 |
$819,050 |
| 17 |
$1,478,475 |
$507,366
$113,103 |
$858,006 |
| 18 |
$1,552,410 |
$534,722
$118,759 |
$898,929 |
| 19 |
$1,630,035 |
$563,443
$124,698 |
$941,894 |
| 20 |
$1,711,530 |
$593,596
$130,932 |
$987,002 |
| 21 |
$1,797,120 |
$625,265
$137,480 |
$1,034,375 |
| 22 |
$1,886,985 |
$658,515
$144,354 |
$1,084,116 |
| 23 |
$1,981,305 |
$693,413
$151,570 |
$1,136,322 |
| 24 |
$2,080,395 |
$730,077
$159,150 |
$1,191,168 |
| 25 |
$2,184,390 |
$768,555
$167,106 |
$1,248,729 |
| 26 |
$2,293,650 |
$808,981
$175,464 |
$1,309,205 |
| 27 |
$2,408,310 |
$851,405
$184,236 |
$1,372,669 |
| 28 |
$2,528,730 |
$895,960
$193,448 |
$1,439,322 |
| 29 |
$2,655,180 |
$942,747
$203,121 |
$1,509,312 |
| 30 |
$2,787,930 |
$991,864
$213,277 |
$1,582,789 |
|
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