The jackpot for the Powerball draw on Mon Oct 6, 2025, is projected to be $207 Million, with an option for a cash payout of $96.9 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 6, 2025 |
|---|
| Draw Date | Mon Oct 6, 2025 | | Projected Jackpot | $207,000,000 | | Cash Value | $96,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $96,900,000 | | Federal Tax(24%) | $23,256,000 | | Additional Federal Tax | $12,557,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $61,086,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,115,557 |
$1,113,086
$0 |
$2,002,471 |
| 2 |
$3,271,428 |
$1,170,759
$0 |
$2,100,669 |
| 3 |
$3,434,958 |
$1,231,265
$0 |
$2,203,693 |
| 4 |
$3,606,768 |
$1,294,835
$0 |
$2,311,933 |
| 5 |
$3,787,065 |
$1,361,544
$0 |
$2,425,521 |
| 6 |
$3,976,470 |
$1,431,624
$0 |
$2,544,846 |
| 7 |
$4,175,190 |
$1,505,151
$0 |
$2,670,039 |
| 8 |
$4,384,053 |
$1,582,430
$0 |
$2,801,623 |
| 9 |
$4,603,266 |
$1,663,539
$0 |
$2,939,727 |
| 10 |
$4,833,450 |
$1,748,707
$0 |
$3,084,743 |
| 11 |
$5,075,019 |
$1,838,087
$0 |
$3,236,932 |
| 12 |
$5,328,801 |
$1,931,987
$0 |
$3,396,814 |
| 13 |
$5,595,210 |
$2,030,558
$0 |
$3,564,652 |
| 14 |
$5,875,074 |
$2,134,108
$0 |
$3,740,966 |
| 15 |
$6,168,807 |
$2,242,789
$0 |
$3,926,018 |
| 16 |
$6,477,237 |
$2,356,908
$0 |
$4,120,329 |
| 17 |
$6,800,985 |
$2,476,695
$0 |
$4,324,290 |
| 18 |
$7,141,086 |
$2,602,532
$0 |
$4,538,554 |
| 19 |
$7,498,161 |
$2,734,650
$0 |
$4,763,511 |
| 20 |
$7,873,038 |
$2,873,354
$0 |
$4,999,684 |
| 21 |
$8,266,752 |
$3,019,029
$0 |
$5,247,723 |
| 22 |
$8,680,131 |
$3,171,979
$0 |
$5,508,152 |
| 23 |
$9,114,003 |
$3,332,511
$0 |
$5,781,492 |
| 24 |
$9,569,817 |
$3,501,163
$0 |
$6,068,654 |
| 25 |
$10,048,194 |
$3,678,162
$0 |
$6,370,032 |
| 26 |
$10,550,790 |
$3,864,123
$0 |
$6,686,667 |
| 27 |
$11,078,226 |
$4,059,274
$0 |
$7,018,952 |
| 28 |
$11,632,158 |
$4,264,229
$0 |
$7,367,929 |
| 29 |
$12,213,828 |
$4,479,447
$0 |
$7,734,381 |
| 30 |
$12,824,478 |
$4,705,387
$0 |
$8,119,091 |
|
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