The jackpot for the Powerball draw on Sat Apr 26, 2025, is projected to be $168 Million, with an option for a cash payout of $77.1 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Wisconsin residents, the state will deduct 7.65% from your lottery earnings.
| Wisconsin Powerball Jackpot/Cash Option for Sat Apr 26, 2025 |
|---|
| Draw Date | Sat Apr 26, 2025 | | Projected Jackpot | $168,000,000 | | Cash Value | $77,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $77,100,000 | | Federal Tax(24%) | $18,504,000 | | Additional Federal Tax | $9,983,330 | | State Tax(7.65%) | $5,898,150 | | Net Lumpsum Payment | $42,714,520 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,528,568 |
$895,901
$193,435 |
$1,439,232 |
| 2 |
$2,655,072 |
$942,707
$203,113 |
$1,509,252 |
| 3 |
$2,787,792 |
$991,813
$213,266 |
$1,582,713 |
| 4 |
$2,927,232 |
$1,043,406
$223,933 |
$1,659,893 |
| 5 |
$3,073,560 |
$1,097,548
$235,127 |
$1,740,885 |
| 6 |
$3,227,280 |
$1,154,424
$246,887 |
$1,825,969 |
| 7 |
$3,388,560 |
$1,214,098
$259,225 |
$1,915,237 |
| 8 |
$3,558,072 |
$1,276,817
$272,193 |
$2,009,062 |
| 9 |
$3,735,984 |
$1,342,644
$285,803 |
$2,107,537 |
| 10 |
$3,922,800 |
$1,411,766
$300,094 |
$2,210,940 |
| 11 |
$4,118,856 |
$1,484,307
$315,092 |
$2,319,457 |
| 12 |
$4,324,824 |
$1,560,515
$330,849 |
$2,433,460 |
| 13 |
$4,541,040 |
$1,640,515
$347,390 |
$2,553,135 |
| 14 |
$4,768,176 |
$1,724,556
$364,765 |
$2,678,855 |
| 15 |
$5,006,568 |
$1,812,761
$383,002 |
$2,810,805 |
| 16 |
$5,256,888 |
$1,905,379
$402,152 |
$2,949,357 |
| 17 |
$5,519,640 |
$2,002,597
$422,252 |
$3,094,791 |
| 18 |
$5,795,664 |
$2,104,726
$443,368 |
$3,247,570 |
| 19 |
$6,085,464 |
$2,211,952
$465,538 |
$3,407,974 |
| 20 |
$6,389,712 |
$2,324,524
$488,813 |
$3,576,375 |
| 21 |
$6,709,248 |
$2,442,752
$513,257 |
$3,753,239 |
| 22 |
$7,044,744 |
$2,566,886
$538,923 |
$3,938,935 |
| 23 |
$7,396,872 |
$2,697,173
$565,861 |
$4,133,838 |
| 24 |
$7,766,808 |
$2,834,049
$594,161 |
$4,338,598 |
| 25 |
$8,155,056 |
$2,977,701
$623,862 |
$4,553,493 |
| 26 |
$8,562,960 |
$3,128,626
$655,066 |
$4,779,268 |
| 27 |
$8,991,024 |
$3,287,009
$687,813 |
$5,016,202 |
| 28 |
$9,440,592 |
$3,453,349
$722,205 |
$5,265,038 |
| 29 |
$9,912,672 |
$3,628,019
$758,319 |
$5,526,334 |
| 30 |
$10,408,272 |
$3,811,391
$796,233 |
$5,800,648 |
|
|
