Lottery Tax Calculator
Advertised jackpot
usd
The headline number, which is the annuity total paid over 30 years — not money on the table.
Take it as
Lump sum — the cash value
Annuity — 30 annual payments
Cash value as a share of the jackpot
percent
Set by the interest rate the lottery can earn. It has run between 45% and 60% in recent years; the current figure is printed on the game’s own page.
State tax rate
percent
Nine states take nothing. California and Delaware exempt lottery prizes even though they tax income.
What you keep
$30,290,000
Show the work
Lottery Tax Calculator
by Rule Calculator