The jackpot for the Powerball draw on Wed Sep 17, 2025, is projected to be $81 Million, with an option for a cash payout of $37.9 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 Wed Sep 17, 2025 |
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Draw Date | Wed Sep 17, 2025 | Projected Jackpot | $81,000,000 | Cash Value | $37,900,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $37,900,000 | Federal Tax(24%) | $9,096,000 | Additional Federal Tax | $4,887,330 | State Tax(0%) | $0 | Net Lumpsum Payment | $23,916,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$1,219,131 |
$411,409 $0 |
$807,722 |
2 |
$1,280,124 |
$433,976 $0 |
$846,148 |
3 |
$1,344,114 |
$457,653 $0 |
$886,461 |
4 |
$1,411,344 |
$482,528 $0 |
$928,816 |
5 |
$1,481,895 |
$508,632 $0 |
$973,263 |
6 |
$1,556,010 |
$536,054 $0 |
$1,019,956 |
7 |
$1,633,770 |
$564,825 $0 |
$1,068,945 |
8 |
$1,715,499 |
$595,065 $0 |
$1,120,434 |
9 |
$1,801,278 |
$626,803 $0 |
$1,174,475 |
10 |
$1,891,350 |
$660,130 $0 |
$1,231,220 |
11 |
$1,985,877 |
$695,105 $0 |
$1,290,772 |
12 |
$2,085,183 |
$731,848 $0 |
$1,353,335 |
13 |
$2,189,430 |
$770,419 $0 |
$1,419,011 |
14 |
$2,298,942 |
$810,939 $0 |
$1,488,003 |
15 |
$2,413,881 |
$853,466 $0 |
$1,560,415 |
16 |
$2,534,571 |
$898,122 $0 |
$1,636,449 |
17 |
$2,661,255 |
$944,995 $0 |
$1,716,260 |
18 |
$2,794,338 |
$994,235 $0 |
$1,800,103 |
19 |
$2,934,063 |
$1,045,934 $0 |
$1,888,129 |
20 |
$3,080,754 |
$1,100,209 $0 |
$1,980,545 |
21 |
$3,234,816 |
$1,157,212 $0 |
$2,077,604 |
22 |
$3,396,573 |
$1,217,062 $0 |
$2,179,511 |
23 |
$3,566,349 |
$1,279,880 $0 |
$2,286,469 |
24 |
$3,744,711 |
$1,345,873 $0 |
$2,398,838 |
25 |
$3,931,902 |
$1,415,134 $0 |
$2,516,768 |
26 |
$4,128,570 |
$1,487,901 $0 |
$2,640,669 |
27 |
$4,334,958 |
$1,564,265 $0 |
$2,770,693 |
28 |
$4,551,714 |
$1,644,465 $0 |
$2,907,249 |
29 |
$4,779,324 |
$1,728,680 $0 |
$3,050,644 |
30 |
$5,018,274 |
$1,817,092 $0 |
$3,201,182 |
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