How much will I pay in taxes if I win the WI Lottery? You can find the latest WI Lottery jackpot amounts for all of your favorite games here on the Wisconsin Lottery Jackpots page. Prizes of $2,000 to $5,000 are subject to state taxation of 7.65%. Prizes greater than $5,000 are subject to a 7.65% state tax and a 24% federal tax. How long does it take to receive WI Lottery winnings?įor prizes of $100,000 or greater, it typically takes three business days to process the claim from the time the claim is received, but please allow at least two weeks to make sure the claim is received.Īt this time, tickets must be purchased at an authorized retailer.