Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 14, 2026 is estimated to be $251 Million, with a cash option of 106.6 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 Sep 14, 2026

Draw Date	Jackpot	Cash Option
Mon Sep 14, 2026	$251,000,000	$106,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$106,600,000
Federal Tax(24%)	$25,584,000
Additional Federal Tax	$13,818,330
State Tax(7.65%)	$8,154,900
Net Lumpsum Payment	$59,042,770

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,777,801	-$1,358,117 -$289,002	$2,130,682
2	$3,966,804	-$1,428,048 -$303,461	$2,235,295
3	$4,165,094	-$1,501,415 -$318,630	$2,345,049
4	$4,373,424	-$1,578,497 -$334,567	$2,460,360
5	$4,592,045	-$1,659,387 -$351,291	$2,581,367
6	$4,821,710	-$1,744,363 -$368,861	$2,708,486
7	$5,062,670	-$1,833,518 -$387,294	$2,841,858
8	$5,315,929	-$1,927,224 -$406,669	$2,982,036
9	$5,581,738	-$2,025,573 -$427,003	$3,129,162
10	$5,860,850	-$2,128,845 -$448,355	$3,283,650
11	$6,153,767	-$2,237,224 -$470,763	$3,445,780
12	$6,461,493	-$2,351,083 -$494,304	$3,616,106
13	$6,784,530	-$2,470,606 -$519,017	$3,794,907
14	$7,123,882	-$2,596,167 -$544,977	$3,982,738
15	$7,480,051	-$2,727,949 -$572,224	$4,179,878
16	$7,854,041	-$2,866,326 -$600,834	$4,386,881
17	$8,246,605	-$3,011,574 -$630,865	$4,604,166
18	$8,658,998	-$3,164,160 -$662,413	$4,832,425
19	$9,091,973	-$3,324,360 -$695,536	$5,072,077
20	$9,546,534	-$3,492,548 -$730,310	$5,323,676
21	$10,023,936	-$3,669,187 -$766,831	$5,587,918
22	$10,525,183	-$3,854,648 -$805,176	$5,865,359
23	$11,051,279	-$4,049,304 -$845,423	$6,156,552
24	$11,603,981	-$4,253,803 -$887,705	$6,462,473
25	$12,184,042	-$4,468,426 -$932,079	$6,783,537
26	$12,793,470	-$4,693,914 -$978,700	$7,120,856
27	$13,433,018	-$4,930,547 -$1,027,626	$7,474,845
28	$14,104,694	-$5,179,067 -$1,079,009	$7,846,618
29	$14,810,004	-$5,440,032 -$1,132,965	$8,237,007
30	$15,550,454	-$5,713,998 -$1,189,610	$8,646,846