Powerball Tax Breakdown
Saturday, August 15, 2026
Annuity (30 years)
$21,700,000
Cash Option
$9,400,000
After-Tax Payouts by State
Federal tax: 37% marginal rate • Click any state for 30-year schedule
| State | State Tax | Annuity (After Tax) | Cash (After Tax) | |
|---|---|---|---|---|
| Arizona | 2.5% | $14,340,143 | $5,728,812 | |
| Arkansas | 3.9% | $14,036,343 | $5,597,212 | |
| California | 0% | $14,882,643 | $5,963,812 | |
| Colorado | 4% | $14,014,643 | $5,587,812 | |
| Connecticut | 6.99% | $13,365,813 | $5,306,752 | |
| Delaware | 6.6% | $13,450,443 | $5,343,412 | |
| District of Columbia | 8.5% | $13,038,143 | $5,164,812 | |
| Florida | 0% | $14,882,643 | $5,963,812 | |
| Georgia | 5.75% | $13,634,893 | $5,423,312 | |
| Idaho | 6% | $13,580,643 | $5,399,812 | |
| Illinois | 4.95% | $13,808,493 | $5,498,512 | |
| Indiana | 3.15% | $14,199,093 | $5,667,712 | |
| Iowa | 5% | $13,797,643 | $5,493,812 | |
| Kansas | 5% | $13,797,643 | $5,493,812 | |
| Kentucky | 4.5% | $13,906,143 | $5,540,812 | |
| Louisiana | 4.25% | $13,960,393 | $5,564,312 | |
| Maine | 7.15% | $13,331,093 | $5,291,712 | |
| Maryland | 8.75% | $12,983,893 | $5,141,312 | |
| Massachusetts | 5% | $13,797,643 | $5,493,812 | |
| Michigan | 4.25% | $13,960,393 | $5,564,312 | |
| Minnesota | 7.25% | $13,309,393 | $5,282,312 | |
| Missouri | 4% | $14,014,643 | $5,587,812 | |
| Montana | 6.75% | $13,417,893 | $5,329,312 | |
| Nebraska | 5% | $13,797,643 | $5,493,812 | |
| New Hampshire | 0% | $14,882,643 | $5,963,812 | |
| New Jersey | 8% | $13,146,643 | $5,211,812 | |
| New Mexico | 6% | $13,580,643 | $5,399,812 | |
| New York | 8.82% | $12,968,703 | $5,134,732 | |
| North Carolina | 4.75% | $13,851,893 | $5,517,312 | |
| North Dakota | 2.9% | $14,253,343 | $5,691,212 | |
| Ohio | 3.99% | $14,016,813 | $5,588,752 | |
| Oklahoma | 4.75% | $13,851,893 | $5,517,312 | |
| Oregon | 8% | $13,146,643 | $5,211,812 | |
| Pennsylvania | 3.07% | $14,216,453 | $5,675,232 | |
| Puerto Rico | 0% | $14,882,643 | $5,963,812 | |
| Rhode Island | 5.99% | $13,582,813 | $5,400,752 | |
| South Carolina | 7% | $13,363,643 | $5,305,812 | |
| South Dakota | 0% | $14,882,643 | $5,963,812 | |
| Tennessee | 0% | $14,882,643 | $5,963,812 | |
| Texas | 0% | $14,882,643 | $5,963,812 | |
| US Virgin Islands | 0% | $14,882,643 | $5,963,812 | |
| Vermont | 6% | $13,580,643 | $5,399,812 | |
| Virginia | 4% | $14,014,643 | $5,587,812 | |
| Washington | 0% | $14,882,643 | $5,963,812 | |
| West Virginia | 6.5% | $13,472,143 | $5,352,812 | |
| Wisconsin | 7.65% | $13,222,593 | $5,244,712 | |
| Wyoming | 0% | $14,882,643 | $5,963,812 |