Fantasy 5
Latest draw · Tuesday, July 7, 2026
Fantasy 5 Tax Calculator
See what you'd really take home from a Fantasy 5 prize after federal and Georgia state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $150,000
- Federal tax
- − $29,043
- State tax (Georgia · 5.49%)
- − $8,235
- Net take-home
- $112,723
Estimate only — uses single-filer federal brackets and Georgia's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Fantasy 5 tax FAQ
How much tax do you pay on a Fantasy 5 jackpot in Georgia?
On a $150,000 Fantasy 5 jackpot taken as a lump sum, you'd pay about $29,043 in federal tax and $8,235 in Georgia state tax, leaving roughly $112,723.
Does Georgia tax Fantasy 5 lottery winnings?
Yes — Georgia withholds about 5.49% in state tax on Fantasy 5 winnings, on top of federal tax.
Should I take the Fantasy 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.
