Hoosier Lotto
Latest draw · Saturday, August 22, 2026
Hoosier Lotto Tax Calculator
See what you'd really take home from a Hoosier Lotto prize after federal and Indiana state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $34,000,000
- Federal tax
- − $12,538,188
- State tax (Indiana · 3.15%)
- − $1,071,000
- Net take-home
- $20,390,812
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.
Hoosier Lotto take-home by state
What you'd keep from a $34,000,000 Hoosier Lotto 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 | $21,461,812 | 37% |
| Californiano state tax | $21,461,812 | 37% |
| Floridano state tax | $21,461,812 | 37% |
| New Hampshireno state tax | $21,461,812 | 37% |
| South Dakotano state tax | $21,461,812 | 37% |
| Tennesseeno state tax | $21,461,812 | 37% |
| Texasno state tax | $21,461,812 | 37% |
| Washingtonno state tax | $21,461,812 | 37% |
| Wyomingno state tax | $21,461,812 | 37% |
| Arizona | $20,611,812 | 39% |
| North Dakota | $20,611,812 | 39% |
| Pennsylvania | $20,418,012 | 40% |
| Indiana(this game) | $20,390,812 | 40% |
| Ohio | $20,271,812 | 40% |
| Kentucky | $20,101,812 | 41% |
| Louisiana | $20,016,812 | 41% |
| Michigan | $20,016,812 | 41% |
| Arkansas | $19,965,812 | 41% |
| Colorado | $19,965,812 | 41% |
| North Carolina | $19,931,812 | 41% |
| Utah | $19,880,812 | 42% |
| Oklahoma | $19,846,812 | 42% |
| Missouri | $19,829,812 | 42% |
| Illinois | $19,778,812 | 42% |
| Alabama | $19,761,812 | 42% |
| Massachusetts | $19,761,812 | 42% |
| Mississippi | $19,761,812 | 42% |
| West Virginia | $19,721,012 | 42% |
| Georgia | $19,595,212 | 42% |
| Kansas | $19,523,812 | 43% |
| Maryland | $19,506,812 | 43% |
| Virginia | $19,506,812 | 43% |
| Idaho | $19,489,812 | 43% |
| Nebraska | $19,476,212 | 43% |
| Montana | $19,455,812 | 43% |
| New Mexico | $19,455,812 | 43% |
| Rhode Island | $19,425,212 | 43% |
| Iowa | $19,421,812 | 43% |
| South Carolina | $19,285,812 | 43% |
| Delaware | $19,217,812 | 43% |
| Connecticut | $19,085,212 | 44% |
| Maine | $19,030,812 | 44% |
| Wisconsin | $18,860,812 | 45% |
| Vermont | $18,486,812 | 46% |
| Minnesota | $18,112,812 | 47% |
| Oregon | $18,095,812 | 47% |
| District of Columbia | $17,806,812 | 48% |
| New Jersey | $17,806,812 | 48% |
| New York | $17,755,812 | 48% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Hoosier Lotto tax FAQ
How much tax do you pay on a Hoosier Lotto jackpot in Indiana?
On a $34,000,000 Hoosier Lotto jackpot taken as a lump sum, you'd pay about $12,538,188 in federal tax and $1,071,000 in Indiana state tax, leaving roughly $20,390,812.
Does Indiana tax Hoosier Lotto lottery winnings?
Yes — Indiana withholds about 3.15% in state tax on Hoosier Lotto winnings, on top of federal tax.
Should I take the Hoosier Lotto 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.
