The jackpot for the Powerball draw on Sat Jun 6, 2026, is projected to be $212 Million, with an option for a cash payout of $94.7 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 Sat Jun 6, 2026 |
|---|
| Draw Date | Sat Jun 6, 2026 | | Projected Jackpot | $212,000,000 | | Cash Value | $94,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $94,700,000 | | Federal Tax(24%) | $22,728,000 | | Additional Federal Tax | $12,271,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $59,700,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,190,812 |
$1,140,931
$0 |
$2,049,881 |
| 2 |
$3,350,448 |
$1,199,996
$0 |
$2,150,452 |
| 3 |
$3,517,928 |
$1,261,964
$0 |
$2,255,964 |
| 4 |
$3,693,888 |
$1,327,069
$0 |
$2,366,819 |
| 5 |
$3,878,540 |
$1,395,390
$0 |
$2,483,150 |
| 6 |
$4,072,520 |
$1,467,163
$0 |
$2,605,357 |
| 7 |
$4,276,040 |
$1,542,465
$0 |
$2,733,575 |
| 8 |
$4,489,948 |
$1,621,611
$0 |
$2,868,337 |
| 9 |
$4,714,456 |
$1,704,679
$0 |
$3,009,777 |
| 10 |
$4,950,200 |
$1,791,904
$0 |
$3,158,296 |
| 11 |
$5,197,604 |
$1,883,444
$0 |
$3,314,160 |
| 12 |
$5,457,516 |
$1,979,611
$0 |
$3,477,905 |
| 13 |
$5,730,360 |
$2,080,564
$0 |
$3,649,796 |
| 14 |
$6,016,984 |
$2,186,614
$0 |
$3,830,370 |
| 15 |
$6,317,812 |
$2,297,921
$0 |
$4,019,891 |
| 16 |
$6,633,692 |
$2,414,796
$0 |
$4,218,896 |
| 17 |
$6,965,260 |
$2,537,477
$0 |
$4,427,783 |
| 18 |
$7,313,576 |
$2,666,354
$0 |
$4,647,222 |
| 19 |
$7,679,276 |
$2,801,663
$0 |
$4,877,613 |
| 20 |
$8,063,208 |
$2,943,717
$0 |
$5,119,491 |
| 21 |
$8,466,432 |
$3,092,910
$0 |
$5,373,522 |
| 22 |
$8,889,796 |
$3,249,555
$0 |
$5,640,241 |
| 23 |
$9,334,148 |
$3,413,965
$0 |
$5,920,183 |
| 24 |
$9,800,972 |
$3,586,690
$0 |
$6,214,282 |
| 25 |
$10,290,904 |
$3,767,965
$0 |
$6,522,939 |
| 26 |
$10,805,640 |
$3,958,417
$0 |
$6,847,223 |
| 27 |
$11,345,816 |
$4,158,282
$0 |
$7,187,534 |
| 28 |
$11,913,128 |
$4,368,188
$0 |
$7,544,940 |
| 29 |
$12,508,848 |
$4,588,604
$0 |
$7,920,244 |
| 30 |
$13,134,248 |
$4,820,002
$0 |
$8,314,246 |
|
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