The jackpot for the Powerball draw on Wed Feb 11, 2026, is projected to be $126 Million, with an option for a cash payout of $57.8 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 Wed Feb 11, 2026 |
|---|
| Draw Date | Wed Feb 11, 2026 | | Projected Jackpot | $126,000,000 | | Cash Value | $57,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $57,800,000 | | Federal Tax(24%) | $13,872,000 | | Additional Federal Tax | $7,474,330 | | State Tax(7.65%) | $4,421,700 | | Net Lumpsum Payment | $32,031,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,896,426 |
$662,008
$145,077 |
$1,089,341 |
| 2 |
$1,991,304 |
$697,113
$152,335 |
$1,141,856 |
| 3 |
$2,090,844 |
$733,943
$159,950 |
$1,196,951 |
| 4 |
$2,195,424 |
$772,637
$167,950 |
$1,254,837 |
| 5 |
$2,305,170 |
$813,243
$176,346 |
$1,315,581 |
| 6 |
$2,420,460 |
$855,901
$185,165 |
$1,379,394 |
| 7 |
$2,541,420 |
$900,656
$194,419 |
$1,446,345 |
| 8 |
$2,668,554 |
$947,695
$204,144 |
$1,516,715 |
| 9 |
$2,801,988 |
$997,066
$214,352 |
$1,590,570 |
| 10 |
$2,942,100 |
$1,048,907
$225,071 |
$1,668,122 |
| 11 |
$3,089,142 |
$1,103,313
$236,319 |
$1,749,510 |
| 12 |
$3,243,618 |
$1,160,469
$248,137 |
$1,835,012 |
| 13 |
$3,405,780 |
$1,220,469
$260,542 |
$1,924,769 |
| 14 |
$3,576,132 |
$1,283,499
$273,574 |
$2,019,059 |
| 15 |
$3,754,926 |
$1,349,653
$287,252 |
$2,118,021 |
| 16 |
$3,942,666 |
$1,419,117
$301,614 |
$2,221,935 |
| 17 |
$4,139,730 |
$1,492,030
$316,689 |
$2,331,011 |
| 18 |
$4,346,748 |
$1,568,627
$332,526 |
$2,445,595 |
| 19 |
$4,564,098 |
$1,649,047
$349,153 |
$2,565,898 |
| 20 |
$4,792,284 |
$1,733,475
$366,610 |
$2,692,199 |
| 21 |
$5,031,936 |
$1,822,147
$384,943 |
$2,824,846 |
| 22 |
$5,283,558 |
$1,915,247
$404,192 |
$2,964,119 |
| 23 |
$5,547,654 |
$2,012,962
$424,396 |
$3,110,296 |
| 24 |
$5,825,106 |
$2,115,620
$445,621 |
$3,263,865 |
| 25 |
$6,116,292 |
$2,223,358
$467,896 |
$3,425,038 |
| 26 |
$6,422,220 |
$2,336,552
$491,300 |
$3,594,368 |
| 27 |
$6,743,268 |
$2,455,340
$515,860 |
$3,772,068 |
| 28 |
$7,080,444 |
$2,580,095
$541,654 |
$3,958,695 |
| 29 |
$7,434,504 |
$2,711,097
$568,740 |
$4,154,667 |
| 30 |
$7,806,204 |
$2,848,626
$597,175 |
$4,360,403 |
|
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