The jackpot for the Powerball draw on Mon Oct 27, 2025, is projected to be $358 Million, with an option for a cash payout of $170.7 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 those living in Wyoming, the bright side is you won't have to pay any state taxes on your lottery prize.
| Wyoming Powerball Jackpot/Cash Option for Mon Oct 27, 2025 |
|---|
| Draw Date | Mon Oct 27, 2025 | | Projected Jackpot | $358,000,000 | | Cash Value | $170,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $170,700,000 | | Federal Tax(24%) | $40,968,000 | | Additional Federal Tax | $22,151,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $107,580,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,388,258 |
$1,953,986
$0 |
$3,434,272 |
| 2 |
$5,657,832 |
$2,053,728
$0 |
$3,604,104 |
| 3 |
$5,940,652 |
$2,158,372
$0 |
$3,782,280 |
| 4 |
$6,237,792 |
$2,268,313
$0 |
$3,969,479 |
| 5 |
$6,549,610 |
$2,383,686
$0 |
$4,165,924 |
| 6 |
$6,877,180 |
$2,504,887
$0 |
$4,372,293 |
| 7 |
$7,220,860 |
$2,632,049
$0 |
$4,588,811 |
| 8 |
$7,582,082 |
$2,765,701
$0 |
$4,816,381 |
| 9 |
$7,961,204 |
$2,905,976
$0 |
$5,055,228 |
| 10 |
$8,359,300 |
$3,053,271
$0 |
$5,306,029 |
| 11 |
$8,777,086 |
$3,207,852
$0 |
$5,569,234 |
| 12 |
$9,215,994 |
$3,370,248
$0 |
$5,845,746 |
| 13 |
$9,676,740 |
$3,540,724
$0 |
$6,136,016 |
| 14 |
$10,160,756 |
$3,719,810
$0 |
$6,440,946 |
| 15 |
$10,668,758 |
$3,907,771
$0 |
$6,760,987 |
| 16 |
$11,202,178 |
$4,105,136
$0 |
$7,097,042 |
| 17 |
$11,762,090 |
$4,312,304
$0 |
$7,449,786 |
| 18 |
$12,350,284 |
$4,529,935
$0 |
$7,820,349 |
| 19 |
$12,967,834 |
$4,758,429
$0 |
$8,209,405 |
| 20 |
$13,616,172 |
$4,998,314
$0 |
$8,617,858 |
| 21 |
$14,297,088 |
$5,250,253
$0 |
$9,046,835 |
| 22 |
$15,012,014 |
$5,514,776
$0 |
$9,497,238 |
| 23 |
$15,762,382 |
$5,792,412
$0 |
$9,969,970 |
| 24 |
$16,550,698 |
$6,084,089
$0 |
$10,466,609 |
| 25 |
$17,378,036 |
$6,390,204
$0 |
$10,987,832 |
| 26 |
$18,247,260 |
$6,711,817
$0 |
$11,535,443 |
| 27 |
$19,159,444 |
$7,049,325
$0 |
$12,110,119 |
| 28 |
$20,117,452 |
$7,403,788
$0 |
$12,713,664 |
| 29 |
$21,123,432 |
$7,776,000
$0 |
$13,347,432 |
| 30 |
$22,179,532 |
$8,166,757
$0 |
$14,012,775 |
|
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