Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Oct 13, 2025 is estimated to be $258 Million, with a cash option of 120.8 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 Oct 13, 2025

Draw Date	Jackpot	Cash Option
Mon Oct 13, 2025	$258,000,000	$120,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$120,800,000
Federal Tax(24%)	$28,992,000
Additional Federal Tax	$15,664,330
State Tax(7.65%)	$9,241,200
Net Lumpsum Payment	$66,902,470

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,883,158	-$1,397,099 -$297,062	$2,188,997
2	$4,077,432	-$1,468,980 -$311,924	$2,296,528
3	$4,281,252	-$1,544,394 -$327,516	$2,409,342
4	$4,495,392	-$1,623,625 -$343,897	$2,527,870
5	$4,720,110	-$1,706,771 -$361,088	$2,652,251
6	$4,956,180	-$1,794,117 -$379,148	$2,782,915
7	$5,203,860	-$1,885,759 -$398,095	$2,920,006
8	$5,464,182	-$1,982,078 -$418,010	$3,064,094
9	$5,737,404	-$2,083,170 -$438,911	$3,215,323
10	$6,024,300	-$2,189,321 -$460,859	$3,374,120
11	$6,325,386	-$2,300,723 -$483,892	$3,540,771
12	$6,641,694	-$2,417,757 -$508,090	$3,715,847
13	$6,973,740	-$2,540,614 -$533,491	$3,899,635
14	$7,322,556	-$2,669,676 -$560,176	$4,092,704
15	$7,688,658	-$2,805,134 -$588,182	$4,295,342
16	$8,073,078	-$2,947,369 -$617,590	$4,508,119
17	$8,476,590	-$3,096,669 -$648,459	$4,731,462
18	$8,900,484	-$3,253,509 -$680,887	$4,966,088
19	$9,345,534	-$3,418,178 -$714,933	$5,212,423
20	$9,812,772	-$3,591,056 -$750,677	$5,471,039
21	$10,303,488	-$3,772,621 -$788,217	$5,742,650
22	$10,818,714	-$3,963,255 -$827,632	$6,027,827
23	$11,359,482	-$4,163,339 -$869,000	$6,327,143
24	$11,927,598	-$4,373,542 -$912,461	$6,641,595
25	$12,523,836	-$4,594,150 -$958,073	$6,971,613
26	$13,150,260	-$4,825,927 -$1,005,995	$7,318,338
27	$13,807,644	-$5,069,159 -$1,056,285	$7,682,200
28	$14,498,052	-$5,324,610 -$1,109,101	$8,064,341
29	$15,223,032	-$5,592,852 -$1,164,562	$8,465,618
30	$15,984,132	-$5,874,459 -$1,222,786	$8,886,887