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Powerball Tax Breakdown

Saturday, September 26, 2026

Annuity (30 years)
$369,900,000
Cash Option
$153,900,000

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%$225,043,867$93,151,312
Arkansas3.9%$219,865,267$90,996,712
California0%$234,291,367$96,998,812
Colorado4%$219,495,367$90,842,812
Connecticut6.99%$208,435,357$86,241,202
Delaware6.6%$209,877,967$86,841,412
District of Columbia8.5%$202,849,867$83,917,312
Florida0%$234,291,367$96,998,812
Georgia5.75%$213,022,117$88,149,562
Idaho6%$212,097,367$87,764,812
Illinois4.95%$215,981,317$89,380,762
Indiana3.15%$222,639,517$92,150,962
Iowa5%$215,796,367$89,303,812
Kansas5%$215,796,367$89,303,812
Kentucky4.5%$217,645,867$90,073,312
Louisiana4.25%$218,570,617$90,458,062
Maine7.15%$207,843,517$85,994,962
Maryland8.75%$201,925,117$83,532,562
Massachusetts5%$215,796,367$89,303,812
Michigan4.25%$218,570,617$90,458,062
Minnesota7.25%$207,473,617$85,841,062
Missouri4%$219,495,367$90,842,812
Montana6.75%$209,323,117$86,610,562
Nebraska5%$215,796,367$89,303,812
New Hampshire0%$234,291,367$96,998,812
New Jersey8%$204,699,367$84,686,812
New Mexico6%$212,097,367$87,764,812
New York8.82%$201,666,187$83,424,832
North Carolina4.75%$216,721,117$89,688,562
North Dakota2.9%$223,564,267$92,535,712
Ohio3.99%$219,532,357$90,858,202
Oklahoma4.75%$216,721,117$89,688,562
Oregon8%$204,699,367$84,686,812
Pennsylvania3.07%$222,935,437$92,274,082
Puerto Rico0%$234,291,367$96,998,812
Rhode Island5.99%$212,134,357$87,780,202
South Carolina7%$208,398,367$86,225,812
South Dakota0%$234,291,367$96,998,812
Tennessee0%$234,291,367$96,998,812
Texas0%$234,291,367$96,998,812
US Virgin Islands0%$234,291,367$96,998,812
Vermont6%$212,097,367$87,764,812
Virginia4%$219,495,367$90,842,812
Washington0%$234,291,367$96,998,812
West Virginia6.5%$210,247,867$86,995,312
Wisconsin7.65%$205,994,017$85,225,462
Wyoming0%$234,291,367$96,998,812