The jackpot for the Powerball draw on Mon Mar 23, 2026, is projected to be $133 Million, with an option for a cash payout of $60.3 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 Mar 23, 2026 |
|---|
| Draw Date | Mon Mar 23, 2026 | | Projected Jackpot | $133,000,000 | | Cash Value | $60,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $60,300,000 | | Federal Tax(24%) | $14,472,000 | | Additional Federal Tax | $7,799,330 | | State Tax(0%) | $0 | | Net Lumpsum Payment | $38,028,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,001,783 |
$700,990
$0 |
$1,300,793 |
| 2 |
$2,101,932 |
$738,045
$0 |
$1,363,887 |
| 3 |
$2,207,002 |
$776,921
$0 |
$1,430,081 |
| 4 |
$2,317,392 |
$817,765
$0 |
$1,499,627 |
| 5 |
$2,433,235 |
$860,627
$0 |
$1,572,608 |
| 6 |
$2,554,930 |
$905,654
$0 |
$1,649,276 |
| 7 |
$2,682,610 |
$952,896
$0 |
$1,729,714 |
| 8 |
$2,816,807 |
$1,002,549
$0 |
$1,814,258 |
| 9 |
$2,957,654 |
$1,054,662
$0 |
$1,902,992 |
| 10 |
$3,105,550 |
$1,109,384
$0 |
$1,996,166 |
| 11 |
$3,260,761 |
$1,166,812
$0 |
$2,093,949 |
| 12 |
$3,423,819 |
$1,227,143
$0 |
$2,196,676 |
| 13 |
$3,594,990 |
$1,290,477
$0 |
$2,304,513 |
| 14 |
$3,774,806 |
$1,357,009
$0 |
$2,417,797 |
| 15 |
$3,963,533 |
$1,426,838
$0 |
$2,536,695 |
| 16 |
$4,161,703 |
$1,500,160
$0 |
$2,661,543 |
| 17 |
$4,369,715 |
$1,577,125
$0 |
$2,792,590 |
| 18 |
$4,588,234 |
$1,657,977
$0 |
$2,930,257 |
| 19 |
$4,817,659 |
$1,742,864
$0 |
$3,074,795 |
| 20 |
$5,058,522 |
$1,831,984
$0 |
$3,226,538 |
| 21 |
$5,311,488 |
$1,925,581
$0 |
$3,385,907 |
| 22 |
$5,577,089 |
$2,023,853
$0 |
$3,553,236 |
| 23 |
$5,855,857 |
$2,126,997
$0 |
$3,728,860 |
| 24 |
$6,148,723 |
$2,235,358
$0 |
$3,913,365 |
| 25 |
$6,456,086 |
$2,349,082
$0 |
$4,107,004 |
| 26 |
$6,779,010 |
$2,468,564
$0 |
$4,310,446 |
| 27 |
$7,117,894 |
$2,593,951
$0 |
$4,523,943 |
| 28 |
$7,473,802 |
$2,725,637
$0 |
$4,748,165 |
| 29 |
$7,847,532 |
$2,863,917
$0 |
$4,983,615 |
| 30 |
$8,239,882 |
$3,009,087
$0 |
$5,230,795 |
|
|
