Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 14, 2026 is estimated to be $63 Million, with a cash option of 27.1 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 Sat Nov 14, 2026

Draw Date	Jackpot	Cash Option
Sat Nov 14, 2026	$63,000,000	$27,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$27,100,000
Federal Tax(24%)	$6,504,000
Additional Federal Tax	$3,483,330
State Tax(7.65%)	$2,073,150
Net Lumpsum Payment	$15,039,520

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$948,213	-$311,169 -$72,538	$564,506
2	$995,652	-$328,722 -$76,167	$590,763
3	$1,045,422	-$347,137 -$79,975	$618,310
4	$1,097,712	-$366,484 -$83,975	$647,253
5	$1,152,585	-$386,787 -$88,173	$677,625
6	$1,210,230	-$408,115 -$92,583	$709,532
7	$1,270,710	-$430,493 -$97,209	$743,008
8	$1,334,277	-$454,013 -$102,072	$778,192
9	$1,400,994	-$478,698 -$107,176	$815,120
10	$1,471,050	-$504,619 -$112,535	$853,896
11	$1,544,571	-$531,822 -$118,160	$894,589
12	$1,621,809	-$560,400 -$124,068	$937,341
13	$1,702,890	-$590,400 -$130,271	$982,219
14	$1,788,066	-$621,915 -$136,787	$1,029,364
15	$1,877,463	-$654,992 -$143,626	$1,078,845
16	$1,971,333	-$689,724 -$150,807	$1,130,802
17	$2,069,865	-$726,180 -$158,345	$1,185,340
18	$2,173,374	-$764,479 -$166,263	$1,242,632
19	$2,282,049	-$804,689 -$174,577	$1,302,783
20	$2,396,142	-$846,903 -$183,305	$1,365,934
21	$2,515,968	-$891,239 -$192,472	$1,432,257
22	$2,641,779	-$937,789 -$202,096	$1,501,894
23	$2,773,827	-$986,646 -$212,198	$1,574,983
24	$2,912,553	-$1,037,975 -$222,810	$1,651,768
25	$3,058,146	-$1,091,844 -$233,948	$1,732,354
26	$3,211,110	-$1,148,441 -$245,650	$1,817,019
27	$3,371,634	-$1,207,835 -$257,930	$1,905,869
28	$3,540,222	-$1,270,213 -$270,827	$1,999,182
29	$3,717,252	-$1,335,714 -$284,370	$2,097,168
30	$3,903,102	-$1,404,478 -$298,587	$2,200,037