Jackpot Analysis Wyoming Powerball

Jackpot Analysis for Wyoming Powerball
The jackpot for the Powerball draw on Mon Jul 14, 2025, is projected to be $248 Million, with an option for a cash payout of $112.4 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 Jul 14, 2025
Draw DateMon Jul 14, 2025
Projected Jackpot$248,000,000
Cash Value$112,400,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$112,400,000
Federal Tax(24%)$26,976,000
Additional Federal Tax$14,572,330
State Tax(0%)$0
Net Lumpsum Payment$70,851,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,732,648 $1,341,410
$0
$2,391,238
2 $3,919,392 $1,410,505
$0
$2,508,887
3 $4,115,312 $1,482,996
$0
$2,632,316
4 $4,321,152 $1,559,157
$0
$2,761,995
5 $4,537,160 $1,639,080
$0
$2,898,080
6 $4,764,080 $1,723,040
$0
$3,041,040
7 $5,002,160 $1,811,130
$0
$3,191,030
8 $5,252,392 $1,903,715
$0
$3,348,677
9 $5,515,024 $2,000,889
$0
$3,514,135
10 $5,790,800 $2,102,926
$0
$3,687,874
11 $6,080,216 $2,210,010
$0
$3,870,206
12 $6,384,264 $2,322,508
$0
$4,061,756
13 $6,703,440 $2,440,603
$0
$4,262,837
14 $7,038,736 $2,564,663
$0
$4,474,073
15 $7,390,648 $2,694,870
$0
$4,695,778
16 $7,760,168 $2,831,593
$0
$4,928,575
17 $8,148,040 $2,975,105
$0
$5,172,935
18 $8,555,504 $3,125,867
$0
$5,429,637
19 $8,983,304 $3,284,153
$0
$5,699,151
20 $9,432,432 $3,450,330
$0
$5,982,102
21 $9,904,128 $3,624,858
$0
$6,279,270
22 $10,399,384 $3,808,102
$0
$6,591,282
23 $10,919,192 $4,000,431
$0
$6,918,761
24 $11,465,288 $4,202,487
$0
$7,262,801
25 $12,038,416 $4,414,544
$0
$7,623,872
26 $12,640,560 $4,637,338
$0
$8,003,222
27 $13,272,464 $4,871,142
$0
$8,401,322
28 $13,936,112 $5,116,692
$0
$8,819,420
29 $14,632,992 $5,374,537
$0
$9,258,455
30 $15,364,592 $5,645,229
$0
$9,719,363