WyoLotto
Wyoming Lottery Tax Calculator
Wyoming levies no tax on individual income, and WyoLotto sells to many residents of Utah — which has no lottery — so the state matters more to its neighbors’ tax bills than to its own residents’.
Verified · tax year 2026
Wyoming prize — results
Lump sum · take-home
63.1% kept of $54,000,000
Annuity · 30 payments
Year 1 $1,187,888 → year 30 $4,733,703
| Cash received | $54,000,000 |
|---|---|
| Federal income tax | −$19,930,000 |
| Tax to Wyoming | $0 |
| Wyoming tax | $0 |
| Local income tax | $0 |
| You keep | $34,070,000 |
| Federal withholding (24%) | −$12,960,000 |
|---|---|
| State withholding | $0 |
| Check you receive | $41,040,000 |
| Still owed when you file | $6,970,000 |
Data: IRS Rev. Proc. 2025-32 · state agencies, verified · what this leaves out
A Wyoming resident’s Powerball
With no state income tax, a Wyoming winner’s only bill is federal. A $120 million Powerball jackpot taken as $54 million in cash costs $19,930,000 and leaves $34,070,000; taken as 30 annual payments it yields $77,099,993 after tax.
Utahns and Coloradans at Wyoming retailers
Utah has no lottery, so its residents cross into Wyoming to play. WyoLotto withholds nothing for Utah, and Utah taxes the prize at 4.45%: about $44,500 on $1,000,000, all of it due with the Utah return. A Coloradan’s Wyoming prize of the same size carries roughly $44,000 of Colorado tax at 4.4% — and had it been won in Colorado, the Colorado Lottery would have withheld 4% at the counter.
Wyoming at a glance
| State income tax on winnings | None |
|---|---|
| Lottery | WyoLotto |
| State withholding at claim | None |
What Wyoming winners should know
- Wyoming levies no individual income tax, so a WyoLotto prize is taxed only by the IRS — and by your home state if you live elsewhere.
Wyoming sources
- Wyoming Department of Revenue — Wyoming Department of Revenue †
Agency: Wyoming Department of Revenue. † read through a browser session (why). How the math works.