Cowboy Draw
Latest draw · Thursday, October 1, 2026
Cowboy Draw Tax Calculator
See what you'd really take home from a Cowboy Draw prize after federal and Wyoming state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $250,000
- Federal tax
- − $57,875
- State tax (Wyoming · 0%)
- − $0
- Net take-home
- $192,125
🎉 Wyoming doesn't tax lottery winnings — you only pay federal tax on your Cowboy Draw prize.
Estimate only — uses single-filer federal brackets and Wyoming's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Cowboy Draw take-home by state
What you'd keep from a $250,000 Cowboy Draw prize (lump sum) after federal + state tax, ranked best to worst. Change the amount or payout above to update.
| State | Take-home | Effective tax |
|---|---|---|
| Alaskano state tax | $192,125 | 23% |
| Californiano state tax | $192,125 | 23% |
| Floridano state tax | $192,125 | 23% |
| New Hampshireno state tax | $192,125 | 23% |
| South Dakotano state tax | $192,125 | 23% |
| Tennesseeno state tax | $192,125 | 23% |
| Texasno state tax | $192,125 | 23% |
| Washingtonno state tax | $192,125 | 23% |
| Wyomingno state tax(this game) | $192,125 | 23% |
| Arizona | $185,875 | 26% |
| North Dakota | $185,875 | 26% |
| Pennsylvania | $184,450 | 26% |
| Indiana | $184,250 | 26% |
| Ohio | $183,375 | 27% |
| Kentucky | $182,125 | 27% |
| Louisiana | $181,500 | 27% |
| Michigan | $181,500 | 27% |
| Arkansas | $181,125 | 28% |
| Colorado | $181,125 | 28% |
| North Carolina | $180,875 | 28% |
| Utah | $180,500 | 28% |
| Oklahoma | $180,250 | 28% |
| Missouri | $180,125 | 28% |
| Illinois | $179,750 | 28% |
| Alabama | $179,625 | 28% |
| Massachusetts | $179,625 | 28% |
| Mississippi | $179,625 | 28% |
| West Virginia | $179,325 | 28% |
| Georgia | $178,400 | 29% |
| Kansas | $177,875 | 29% |
| Maryland | $177,750 | 29% |
| Virginia | $177,750 | 29% |
| Idaho | $177,625 | 29% |
| Nebraska | $177,525 | 29% |
| Montana | $177,375 | 29% |
| New Mexico | $177,375 | 29% |
| Rhode Island | $177,150 | 29% |
| Iowa | $177,125 | 29% |
| South Carolina | $176,125 | 30% |
| Delaware | $175,625 | 30% |
| Connecticut | $174,650 | 30% |
| Maine | $174,250 | 30% |
| Wisconsin | $173,000 | 31% |
| Vermont | $170,250 | 32% |
| Minnesota | $167,500 | 33% |
| Oregon | $167,375 | 33% |
| District of Columbia | $165,250 | 34% |
| New Jersey | $165,250 | 34% |
| New York | $164,875 | 34% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Cowboy Draw tax FAQ
How much tax do you pay on a Cowboy Draw jackpot in Wyoming?
On a $250,000 Cowboy Draw jackpot taken as a lump sum, you'd pay about $57,875 in federal tax and no Wyoming state tax, leaving roughly $192,125.
Does Wyoming tax Cowboy Draw lottery winnings?
No — Wyoming does not tax lottery winnings, so you only pay federal tax on a Cowboy Draw prize.
Should I take the Cowboy Draw lump sum or annuity?
The lump sum pays a smaller, discounted amount now with full control; the 30-year annuity pays the full advertised jackpot spread over time and can keep you in lower yearly tax brackets. The best choice depends on your goals and tax situation.