Cash 5
Latest draw · Saturday, July 18, 2026
Cash 5 Tax Calculator
See what you'd really take home from a Cash 5 prize after federal and Connecticut state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $290,000
- Federal tax
- − $71,875
- State tax (Connecticut · 6.99%)
- − $20,271
- Net take-home
- $197,854
Estimate only — uses single-filer federal brackets and Connecticut's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Cash 5 take-home by state
What you'd keep from a $290,000 Cash 5 prize (lump sum) after federal + state tax, ranked best to worst. Change the amount or payout above to update.
| State | Take-home | Effective tax |
|---|---|---|
| Alaskano state tax | $218,125 | 25% |
| Californiano state tax | $218,125 | 25% |
| Floridano state tax | $218,125 | 25% |
| New Hampshireno state tax | $218,125 | 25% |
| South Dakotano state tax | $218,125 | 25% |
| Tennesseeno state tax | $218,125 | 25% |
| Texasno state tax | $218,125 | 25% |
| Washingtonno state tax | $218,125 | 25% |
| Wyomingno state tax | $218,125 | 25% |
| Arizona | $210,875 | 27% |
| North Dakota | $210,875 | 27% |
| Pennsylvania | $209,222 | 28% |
| Indiana | $208,990 | 28% |
| Ohio | $207,975 | 28% |
| Kentucky | $206,525 | 29% |
| Louisiana | $205,800 | 29% |
| Michigan | $205,800 | 29% |
| Arkansas | $205,365 | 29% |
| Colorado | $205,365 | 29% |
| North Carolina | $205,075 | 29% |
| Utah | $204,640 | 29% |
| Oklahoma | $204,350 | 30% |
| Missouri | $204,205 | 30% |
| Illinois | $203,770 | 30% |
| Alabama | $203,625 | 30% |
| Massachusetts | $203,625 | 30% |
| Mississippi | $203,625 | 30% |
| West Virginia | $203,277 | 30% |
| Georgia | $202,204 | 30% |
| Kansas | $201,595 | 30% |
| Maryland | $201,450 | 31% |
| Virginia | $201,450 | 31% |
| Idaho | $201,305 | 31% |
| Nebraska | $201,189 | 31% |
| Montana | $201,015 | 31% |
| New Mexico | $201,015 | 31% |
| Rhode Island | $200,754 | 31% |
| Iowa | $200,725 | 31% |
| South Carolina | $199,565 | 31% |
| Delaware | $198,985 | 31% |
| Connecticut(this game) | $197,854 | 32% |
| Maine | $197,390 | 32% |
| Wisconsin | $195,940 | 32% |
| Vermont | $192,750 | 34% |
| Minnesota | $189,560 | 35% |
| Oregon | $189,415 | 35% |
| District of Columbia | $186,950 | 36% |
| New Jersey | $186,950 | 36% |
| New York | $186,515 | 36% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Cash 5 tax FAQ
How much tax do you pay on a Cash 5 jackpot in Connecticut?
On a $290,000 Cash 5 jackpot taken as a lump sum, you'd pay about $71,875 in federal tax and $20,271 in Connecticut state tax, leaving roughly $197,854.
Does Connecticut tax Cash 5 lottery winnings?
Yes — Connecticut withholds about 6.99% in state tax on Cash 5 winnings, on top of federal tax.
Should I take the Cash 5 lump sum or annuity?
The lump sum pays a smaller, discounted amount now with full control; the 30-year annuity pays the full advertised jackpot spread over time and can keep you in lower yearly tax brackets. The best choice depends on your goals and tax situation.
