Wisconsin Lottery

WILottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jul 7, 2025 is estimated to be $203 Million, with a cash option of 92.5 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 7, 2025

Draw Date Jackpot Cash Option
Mon Jul 7, 2025$203,000,000$92,500,000

Lumpsum Option Taxes and Payment

Category Amount
Cash Gross Payment$92,500,000
Federal Tax(24%)$22,200,000
Additional Federal Tax$11,985,330
State Tax(7.65%)$7,076,250
Net Lumpsum Payment$51,238,420

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $3,055,353 -$1,090,811
-$233,735
$1,730,807
2 $3,208,212 -$1,147,369
-$245,428
$1,815,415
3 $3,368,582 -$1,206,706
-$257,697
$1,904,179
4 $3,537,072 -$1,269,047
-$270,586
$1,997,439
5 $3,713,885 -$1,334,468
-$284,112
$2,095,305
6 $3,899,630 -$1,403,193
-$298,322
$2,198,115
7 $4,094,510 -$1,475,299
-$313,230
$2,305,981
8 $4,299,337 -$1,551,085
-$328,899
$2,419,353
9 $4,514,314 -$1,630,627
-$345,345
$2,538,342
10 $4,740,050 -$1,714,149
-$362,614
$2,663,287
11 $4,976,951 -$1,801,802
-$380,737
$2,794,412
12 $5,225,829 -$1,893,887
-$399,776
$2,932,166
13 $5,487,090 -$1,990,554
-$419,762
$3,076,774
14 $5,761,546 -$2,092,102
-$440,758
$3,228,686
15 $6,049,603 -$2,198,683
-$462,795
$3,388,125
16 $6,352,073 -$2,310,597
-$485,934
$3,555,542
17 $6,669,565 -$2,428,069
-$510,222
$3,731,274
18 $7,003,094 -$2,551,475
-$535,737
$3,915,882
19 $7,353,269 -$2,681,040
-$562,525
$4,109,704
20 $7,720,902 -$2,817,064
-$590,649
$4,313,189
21 $8,107,008 -$2,959,923
-$620,186
$4,526,899
22 $8,512,399 -$3,109,918
-$651,199
$4,751,282
23 $8,937,887 -$3,267,349
-$683,748
$4,986,790
24 $9,384,893 -$3,432,741
-$717,944
$5,234,208
25 $9,854,026 -$3,606,320
-$753,833
$5,493,873
26 $10,346,910 -$3,788,687
-$791,539
$5,766,684
27 $10,864,154 -$3,980,067
-$831,108
$6,052,979
28 $11,407,382 -$4,181,062
-$872,665
$6,353,655
29 $11,977,812 -$4,392,121
-$916,303
$6,669,388
30 $12,576,662 -$4,613,695
-$962,115
$7,000,852
Cash Option: $92.5 Million
Next Draw: Mon Jul 7
Powerball
Sat Jul 5, 2025
012834505808

Wisconsin Lottery | Select a State Lottery