Lottery Tax Calculator

Federal and state lottery tax, lump sum vs annuity, state lookup, full breakdown, and net-by-state comparison.

How It Works

  1. Enter gross winnings. Type the jackpot or prize amount before taxes.
  2. Set federal and state rates. Default 24% federal — adjust for your bracket.
  3. State tax lookup. Pick your state from the dropdown to auto-fill the rate.
  4. Lump sum vs annuity. Compare one-time cash (~60%) vs 30 annual payments.
  5. Full breakdown. See itemized taxes and net take-home by state.

Also try our Maryland Paycheck Calculator or Tax Calculators.

Enter values to see results.

Formula & Reference

Net = Gross − Federal − State