Fantasy5
Latest draw · Tuesday, May 19, 2026
Fantasy5 Tax Calculator
See what you'd really take home from a Fantasy5 prize after federal and Michigan state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $1,000,000
- Federal tax
- − $328,188
- State tax (Michigan · 4.25%)
- − $42,500
- Net take-home
- $629,312
Estimate only — uses single-filer federal brackets and Michigan's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Fantasy5 take-home by state
What you'd keep from a $1,000,000 Fantasy5 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 | $671,812 | 33% |
| Californiano state tax | $671,812 | 33% |
| Floridano state tax | $671,812 | 33% |
| New Hampshireno state tax | $671,812 | 33% |
| South Dakotano state tax | $671,812 | 33% |
| Tennesseeno state tax | $671,812 | 33% |
| Texasno state tax | $671,812 | 33% |
| Washingtonno state tax | $671,812 | 33% |
| Wyomingno state tax | $671,812 | 33% |
| Arizona | $646,812 | 35% |
| North Dakota | $646,812 | 35% |
| Pennsylvania | $641,112 | 36% |
| Indiana | $640,312 | 36% |
| Ohio | $636,812 | 36% |
| Kentucky | $631,812 | 37% |
| Louisiana | $629,312 | 37% |
| Michigan(this game) | $629,312 | 37% |
| Arkansas | $627,812 | 37% |
| Colorado | $627,812 | 37% |
| North Carolina | $626,812 | 37% |
| Utah | $625,312 | 37% |
| Oklahoma | $624,312 | 38% |
| Missouri | $623,812 | 38% |
| Illinois | $622,312 | 38% |
| Alabama | $621,812 | 38% |
| Massachusetts | $621,812 | 38% |
| Mississippi | $621,812 | 38% |
| West Virginia | $620,612 | 38% |
| Georgia | $616,912 | 38% |
| Kansas | $614,812 | 39% |
| Maryland | $614,312 | 39% |
| Virginia | $614,312 | 39% |
| Idaho | $613,812 | 39% |
| Nebraska | $613,412 | 39% |
| Montana | $612,812 | 39% |
| New Mexico | $612,812 | 39% |
| Rhode Island | $611,912 | 39% |
| Iowa | $611,812 | 39% |
| South Carolina | $607,812 | 39% |
| Delaware | $605,812 | 39% |
| Connecticut | $601,912 | 40% |
| Maine | $600,312 | 40% |
| Wisconsin | $595,312 | 40% |
| Vermont | $584,312 | 42% |
| Minnesota | $573,312 | 43% |
| Oregon | $572,812 | 43% |
| District of Columbia | $564,312 | 44% |
| New Jersey | $564,312 | 44% |
| New York | $562,812 | 44% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Fantasy5 tax FAQ
How much tax do you pay on a Fantasy5 jackpot in Michigan?
On a $1,000,000 Fantasy5 jackpot taken as a lump sum, you'd pay about $328,188 in federal tax and $42,500 in Michigan state tax, leaving roughly $629,312.
Does Michigan tax Fantasy5 lottery winnings?
Yes — Michigan withholds about 4.25% in state tax on Fantasy5 winnings, on top of federal tax.
Should I take the Fantasy5 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.
