The jackpot for the Powerball draw on Sat Jan 17, 2026, is projected to be $179 Million, with an option for a cash payout of $80.8 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 Sat Jan 17, 2026 |
|---|
| Draw Date | Sat Jan 17, 2026 | | Projected Jackpot | $179,000,000 | | Cash Value | $80,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $80,800,000 | | Federal Tax(24%) | $19,392,000 | | Additional Federal Tax | $10,464,330 | | State Tax(7.65%) | $6,181,200 | | Net Lumpsum Payment | $44,762,470 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,694,129 |
$957,158
$206,101 |
$1,530,870 |
| 2 |
$2,828,916 |
$1,007,029
$216,412 |
$1,605,475 |
| 3 |
$2,970,326 |
$1,059,351
$227,230 |
$1,683,745 |
| 4 |
$3,118,896 |
$1,114,322
$238,596 |
$1,765,978 |
| 5 |
$3,274,805 |
$1,172,008
$250,523 |
$1,852,274 |
| 6 |
$3,438,590 |
$1,232,609
$263,052 |
$1,942,929 |
| 7 |
$3,610,430 |
$1,296,189
$276,198 |
$2,038,043 |
| 8 |
$3,791,041 |
$1,363,016
$290,015 |
$2,138,010 |
| 9 |
$3,980,602 |
$1,433,153
$304,516 |
$2,242,933 |
| 10 |
$4,179,650 |
$1,506,801
$319,743 |
$2,353,106 |
| 11 |
$4,388,543 |
$1,584,091
$335,724 |
$2,468,728 |
| 12 |
$4,607,997 |
$1,665,289
$352,512 |
$2,590,196 |
| 13 |
$4,838,370 |
$1,750,527
$370,135 |
$2,717,708 |
| 14 |
$5,080,378 |
$1,840,070
$388,649 |
$2,851,659 |
| 15 |
$5,334,379 |
$1,934,051
$408,080 |
$2,992,248 |
| 16 |
$5,601,089 |
$2,032,733
$428,483 |
$3,139,873 |
| 17 |
$5,881,045 |
$2,136,317
$449,900 |
$3,294,828 |
| 18 |
$6,175,142 |
$2,245,133
$472,398 |
$3,457,611 |
| 19 |
$6,483,917 |
$2,359,380
$496,020 |
$3,628,517 |
| 20 |
$6,808,086 |
$2,479,322
$520,819 |
$3,807,945 |
| 21 |
$7,148,544 |
$2,605,292
$546,864 |
$3,996,388 |
| 22 |
$7,506,007 |
$2,737,553
$574,210 |
$4,194,244 |
| 23 |
$7,881,191 |
$2,876,371
$602,911 |
$4,401,909 |
| 24 |
$8,275,349 |
$3,022,210
$633,064 |
$4,620,075 |
| 25 |
$8,689,018 |
$3,175,267
$664,710 |
$4,849,041 |
| 26 |
$9,123,630 |
$3,336,073
$697,958 |
$5,089,599 |
| 27 |
$9,579,722 |
$3,504,828
$732,849 |
$5,342,045 |
| 28 |
$10,058,726 |
$3,682,059
$769,493 |
$5,607,174 |
| 29 |
$10,561,716 |
$3,868,165
$807,971 |
$5,885,580 |
| 30 |
$11,089,766 |
$4,063,544
$848,367 |
$6,177,855 |
|
|
