Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat May 30, 2026 is estimated to be $172 Million, with a cash option of 75.6 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 Sat May 30, 2026

Draw Date	Jackpot	Cash Option
Sat May 30, 2026	$172,000,000	$75,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$75,600,000
Federal Tax(24%)	$18,144,000
Additional Federal Tax	$9,788,330
State Tax(7.65%)	$5,783,400
Net Lumpsum Payment	$41,884,270

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,588,772	-$918,176 -$198,041	$1,472,555
2	$2,718,288	-$966,097 -$207,949	$1,544,242
3	$2,854,168	-$1,016,373 -$218,344	$1,619,451
4	$2,996,928	-$1,069,194 -$229,265	$1,698,469
5	$3,146,740	-$1,124,624 -$240,726	$1,781,390
6	$3,304,120	-$1,182,855 -$252,765	$1,868,500
7	$3,469,240	-$1,243,949 -$265,397	$1,959,894
8	$3,642,788	-$1,308,162 -$278,673	$2,055,953
9	$3,824,936	-$1,375,557 -$292,608	$2,156,771
10	$4,016,200	-$1,446,324 -$307,239	$2,262,637
11	$4,216,924	-$1,520,592 -$322,595	$2,373,737
12	$4,427,796	-$1,598,615 -$338,726	$2,490,455
13	$4,649,160	-$1,680,520 -$355,661	$2,612,979
14	$4,881,704	-$1,766,561 -$373,450	$2,741,693
15	$5,125,772	-$1,856,866 -$392,122	$2,876,784
16	$5,382,052	-$1,951,690 -$411,727	$3,018,635
17	$5,651,060	-$2,051,223 -$432,306	$3,167,531
18	$5,933,656	-$2,155,783 -$453,925	$3,323,948
19	$6,230,356	-$2,265,562 -$476,622	$3,488,172
20	$6,541,848	-$2,380,814 -$500,451	$3,660,583
21	$6,868,992	-$2,501,857 -$525,478	$3,841,657
22	$7,212,476	-$2,628,947 -$551,754	$4,031,775
23	$7,572,988	-$2,762,336 -$579,334	$4,231,318
24	$7,951,732	-$2,902,471 -$608,307	$4,440,954
25	$8,349,224	-$3,049,543 -$638,716	$4,660,965
26	$8,766,840	-$3,204,061 -$670,663	$4,892,116
27	$9,205,096	-$3,366,216 -$704,190	$5,134,690
28	$9,665,368	-$3,536,517 -$739,401	$5,389,450
29	$10,148,688	-$3,715,345 -$776,375	$5,656,968
30	$10,656,088	-$3,903,083 -$815,191	$5,937,814