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Powerball Tax Breakdown

Wednesday, May 27, 2026

Annuity (30 years)
$154,700,000
Cash Option
$68,000,000

After-Tax Payouts by State

Federal tax: 37% marginal rate • Click any state for 30-year schedule

StateState TaxAnnuity (After Tax)Cash (After Tax)
Arizona2.5%$94,847,867$41,181,812
Arkansas3.9%$92,682,067$40,229,812
California0%$98,715,367$42,881,812
Colorado4%$92,527,367$40,161,812
Connecticut6.99%$87,901,837$38,128,612
Delaware6.6%$88,505,167$38,393,812
District of Columbia8.5%$85,565,867$37,101,812
Florida0%$98,715,367$42,881,812
Georgia5.75%$89,820,117$38,971,812
Idaho6%$89,433,367$38,801,812
Illinois4.95%$91,057,717$39,515,812
Indiana3.15%$93,842,317$40,739,812
Iowa5%$90,980,367$39,481,812
Kansas5%$90,980,367$39,481,812
Kentucky4.5%$91,753,867$39,821,812
Louisiana4.25%$92,140,617$39,991,812
Maine7.15%$87,654,317$38,019,812
Maryland8.75%$85,179,117$36,931,812
Massachusetts5%$90,980,367$39,481,812
Michigan4.25%$92,140,617$39,991,812
Minnesota7.25%$87,499,617$37,951,812
Missouri4%$92,527,367$40,161,812
Montana6.75%$88,273,117$38,291,812
Nebraska5%$90,980,367$39,481,812
New Hampshire0%$98,715,367$42,881,812
New Jersey8%$86,339,367$37,441,812
New Mexico6%$89,433,367$38,801,812
New York8.82%$85,070,827$36,884,212
North Carolina4.75%$91,367,117$39,651,812
North Dakota2.9%$94,229,067$40,909,812
Ohio3.99%$92,542,837$40,168,612
Oklahoma4.75%$91,367,117$39,651,812
Oregon8%$86,339,367$37,441,812
Pennsylvania3.07%$93,966,077$40,794,212
Puerto Rico0%$98,715,367$42,881,812
Rhode Island5.99%$89,448,837$38,808,612
South Carolina7%$87,886,367$38,121,812
South Dakota0%$98,715,367$42,881,812
Tennessee0%$98,715,367$42,881,812
Texas0%$98,715,367$42,881,812
US Virgin Islands0%$98,715,367$42,881,812
Vermont6%$89,433,367$38,801,812
Virginia4%$92,527,367$40,161,812
Washington0%$98,715,367$42,881,812
West Virginia6.5%$88,659,867$38,461,812
Wisconsin7.65%$86,880,817$37,679,812
Wyoming0%$98,715,367$42,881,812