Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jul 13, 2026 is estimated to be $478 Million, with a cash option of 212.2 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Wisconsin, your state will take 7.65% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Wisconsin Powerball Jackpot/Cash Option for Mon Jul 13, 2026

Draw Date	Jackpot	Cash Option
Mon Jul 13, 2026	$478,000,000	$212,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$212,200,000
Federal Tax(24%)	$50,928,000
Additional Federal Tax	$27,546,330
State Tax(7.65%)	$16,233,300
Net Lumpsum Payment	$117,492,370

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$7,194,378	-$2,622,250 -$550,370	$4,021,758
2	$7,554,312	-$2,755,426 -$577,905	$4,220,981
3	$7,931,932	-$2,895,145 -$606,793	$4,429,994
4	$8,328,672	-$3,041,939 -$637,143	$4,649,590
5	$8,745,010	-$3,195,984 -$668,993	$4,880,033
6	$9,182,380	-$3,357,811 -$702,452	$5,122,117
7	$9,641,260	-$3,527,597 -$737,556	$5,376,107
8	$10,123,562	-$3,706,048 -$774,452	$5,643,062
9	$10,629,764	-$3,893,343 -$813,177	$5,923,244
10	$11,161,300	-$4,090,011 -$853,839	$6,217,450
11	$11,719,126	-$4,296,407 -$896,513	$6,526,206
12	$12,305,154	-$4,513,237 -$941,344	$6,850,573
13	$12,920,340	-$4,740,856 -$988,406	$7,191,078
14	$13,566,596	-$4,979,971 -$1,037,845	$7,548,780
15	$14,244,878	-$5,230,935 -$1,089,733	$7,924,210
16	$14,957,098	-$5,494,457 -$1,144,218	$8,318,423
17	$15,704,690	-$5,771,066 -$1,201,409	$8,732,215
18	$16,490,044	-$6,061,647 -$1,261,488	$9,166,909
19	$17,314,594	-$6,366,730 -$1,324,566	$9,623,298
20	$18,180,252	-$6,687,024 -$1,390,789	$10,102,439
21	$19,089,408	-$7,023,411 -$1,460,340	$10,605,657
22	$20,043,974	-$7,376,601 -$1,533,364	$11,134,009
23	$21,045,862	-$7,747,299 -$1,610,008	$11,688,555
24	$22,098,418	-$8,136,745 -$1,690,529	$12,271,144
25	$23,203,076	-$8,545,469 -$1,775,035	$12,882,572
26	$24,363,660	-$8,974,885 -$1,863,820	$13,524,955
27	$25,581,604	-$9,425,524 -$1,956,993	$14,199,087
28	$26,860,732	-$9,898,801 -$2,054,846	$14,907,085
29	$28,203,912	-$10,395,778 -$2,157,599	$15,650,535
30	$29,614,012	-$10,917,515 -$2,265,472	$16,431,025