The jackpot for the Powerball draw on Wed Apr 1, 2026, is projected to be $194 Million, with an option for a cash payout of $87.1 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 Wed Apr 1, 2026 |
|---|
| Draw Date | Wed Apr 1, 2026 | | Projected Jackpot | $194,000,000 | | Cash Value | $87,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $87,100,000 | | Federal Tax(24%) | $20,904,000 | | Additional Federal Tax | $11,283,330 | | State Tax(7.65%) | $6,663,150 | | Net Lumpsum Payment | $48,249,520 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,919,894 |
$1,040,691
$223,372 |
$1,655,831 |
| 2 |
$3,065,976 |
$1,094,742
$234,547 |
$1,736,687 |
| 3 |
$3,219,236 |
$1,151,448
$246,272 |
$1,821,516 |
| 4 |
$3,380,256 |
$1,211,025
$258,590 |
$1,910,641 |
| 5 |
$3,549,230 |
$1,273,545
$271,516 |
$2,004,169 |
| 6 |
$3,726,740 |
$1,339,224
$285,096 |
$2,102,420 |
| 7 |
$3,912,980 |
$1,408,133
$299,343 |
$2,205,504 |
| 8 |
$4,108,726 |
$1,480,559
$314,318 |
$2,313,849 |
| 9 |
$4,314,172 |
$1,556,574
$330,034 |
$2,427,564 |
| 10 |
$4,529,900 |
$1,636,393
$346,537 |
$2,546,970 |
| 11 |
$4,756,298 |
$1,720,161
$363,857 |
$2,672,280 |
| 12 |
$4,994,142 |
$1,808,163
$382,052 |
$2,803,927 |
| 13 |
$5,243,820 |
$1,900,544
$401,152 |
$2,942,124 |
| 14 |
$5,506,108 |
$1,997,590
$421,217 |
$3,087,301 |
| 15 |
$5,781,394 |
$2,099,446
$442,277 |
$3,239,671 |
| 16 |
$6,070,454 |
$2,206,398
$464,390 |
$3,399,666 |
| 17 |
$6,373,870 |
$2,318,662
$487,601 |
$3,567,607 |
| 18 |
$6,692,612 |
$2,436,597
$511,985 |
$3,744,030 |
| 19 |
$7,027,262 |
$2,560,417
$537,586 |
$3,929,259 |
| 20 |
$7,378,596 |
$2,690,411
$564,463 |
$4,123,722 |
| 21 |
$7,747,584 |
$2,826,936
$592,690 |
$4,327,958 |
| 22 |
$8,135,002 |
$2,970,281
$622,328 |
$4,542,393 |
| 23 |
$8,541,626 |
$3,120,732
$653,434 |
$4,767,460 |
| 24 |
$8,968,814 |
$3,278,792
$686,114 |
$5,003,908 |
| 25 |
$9,417,148 |
$3,444,675
$720,412 |
$5,252,061 |
| 26 |
$9,888,180 |
$3,618,957
$756,446 |
$5,512,777 |
| 27 |
$10,382,492 |
$3,801,852
$794,261 |
$5,786,379 |
| 28 |
$10,901,636 |
$3,993,936
$833,975 |
$6,073,725 |
| 29 |
$11,446,776 |
$4,195,638
$875,678 |
$6,375,460 |
| 30 |
$12,019,076 |
$4,407,389
$919,459 |
$6,692,228 |
|
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