Cash Five
Latest draw · Saturday, October 10, 2026
Cash Five Tax Calculator
See what you'd really take home from a Cash Five prize after federal and Indiana state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $529,500
- Federal tax
- − $155,700
- State tax (Indiana · 3.15%)
- − $16,679
- Net take-home
- $357,121
Estimate only — uses single-filer federal brackets and Indiana's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Cash Five take-home by state
What you'd keep from a $529,500 Cash Five 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 | $373,800 | 29% |
| Californiano state tax | $373,800 | 29% |
| Floridano state tax | $373,800 | 29% |
| New Hampshireno state tax | $373,800 | 29% |
| South Dakotano state tax | $373,800 | 29% |
| Tennesseeno state tax | $373,800 | 29% |
| Texasno state tax | $373,800 | 29% |
| Washingtonno state tax | $373,800 | 29% |
| Wyomingno state tax | $373,800 | 29% |
| Arizona | $360,563 | 32% |
| North Dakota | $360,563 | 32% |
| Pennsylvania | $357,545 | 32% |
| Indiana(this game) | $357,121 | 33% |
| Ohio | $355,268 | 33% |
| Kentucky | $352,620 | 33% |
| Louisiana | $351,297 | 34% |
| Michigan | $351,297 | 34% |
| Arkansas | $350,502 | 34% |
| Colorado | $350,502 | 34% |
| North Carolina | $349,973 | 34% |
| Utah | $349,179 | 34% |
| Oklahoma | $348,649 | 34% |
| Missouri | $348,384 | 34% |
| Illinois | $347,590 | 34% |
| Alabama | $347,325 | 34% |
| Massachusetts | $347,325 | 34% |
| Mississippi | $347,325 | 34% |
| West Virginia | $346,690 | 35% |
| Georgia | $344,731 | 35% |
| Kansas | $343,619 | 35% |
| Maryland | $343,354 | 35% |
| Virginia | $343,354 | 35% |
| Idaho | $343,089 | 35% |
| Nebraska | $342,877 | 35% |
| Montana | $342,560 | 35% |
| New Mexico | $342,560 | 35% |
| Rhode Island | $342,083 | 35% |
| Iowa | $342,030 | 35% |
| South Carolina | $339,912 | 36% |
| Delaware | $338,853 | 36% |
| Connecticut | $336,788 | 36% |
| Maine | $335,941 | 37% |
| Wisconsin | $333,294 | 37% |
| Vermont | $327,469 | 38% |
| Minnesota | $321,645 | 39% |
| Oregon | $321,380 | 39% |
| District of Columbia | $316,879 | 40% |
| New Jersey | $316,879 | 40% |
| New York | $316,085 | 40% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Cash Five tax FAQ
How much tax do you pay on a Cash Five jackpot in Indiana?
On a $529,500 Cash Five jackpot taken as a lump sum, you'd pay about $155,700 in federal tax and $16,679 in Indiana state tax, leaving roughly $357,121.
Does Indiana tax Cash Five lottery winnings?
Yes — Indiana withholds about 3.15% in state tax on Cash Five winnings, on top of federal tax.
Should I take the Cash Five 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.
