Cash 5
Latest draw · Friday, October 9, 2026
Cash 5 Tax Calculator
See what you'd really take home from a Cash 5 prize after federal and New Jersey state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $1,780,000
- Federal tax
- − $616,788
- State tax (New Jersey · 10.75%)
- − $191,350
- Net take-home
- $971,862
Estimate only — uses single-filer federal brackets and New Jersey'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 $1,780,000 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 | $1,163,212 | 35% |
| Californiano state tax | $1,163,212 | 35% |
| Floridano state tax | $1,163,212 | 35% |
| New Hampshireno state tax | $1,163,212 | 35% |
| South Dakotano state tax | $1,163,212 | 35% |
| Tennesseeno state tax | $1,163,212 | 35% |
| Texasno state tax | $1,163,212 | 35% |
| Washingtonno state tax | $1,163,212 | 35% |
| Wyomingno state tax | $1,163,212 | 35% |
| Arizona | $1,118,712 | 37% |
| North Dakota | $1,118,712 | 37% |
| Pennsylvania | $1,108,566 | 38% |
| Indiana | $1,107,142 | 38% |
| Ohio | $1,100,912 | 38% |
| Kentucky | $1,092,012 | 39% |
| Louisiana | $1,087,562 | 39% |
| Michigan | $1,087,562 | 39% |
| Arkansas | $1,084,892 | 39% |
| Colorado | $1,084,892 | 39% |
| North Carolina | $1,083,112 | 39% |
| Utah | $1,080,442 | 39% |
| Oklahoma | $1,078,662 | 39% |
| Missouri | $1,077,772 | 39% |
| Illinois | $1,075,102 | 40% |
| Alabama | $1,074,212 | 40% |
| Massachusetts | $1,074,212 | 40% |
| Mississippi | $1,074,212 | 40% |
| West Virginia | $1,072,076 | 40% |
| Georgia | $1,065,490 | 40% |
| Kansas | $1,061,752 | 40% |
| Maryland | $1,060,862 | 40% |
| Virginia | $1,060,862 | 40% |
| Idaho | $1,059,972 | 40% |
| Nebraska | $1,059,260 | 40% |
| Montana | $1,058,192 | 41% |
| New Mexico | $1,058,192 | 41% |
| Rhode Island | $1,056,590 | 41% |
| Iowa | $1,056,412 | 41% |
| South Carolina | $1,049,292 | 41% |
| Delaware | $1,045,732 | 41% |
| Connecticut | $1,038,790 | 42% |
| Maine | $1,035,942 | 42% |
| Wisconsin | $1,027,042 | 42% |
| Vermont | $1,007,462 | 43% |
| Minnesota | $987,882 | 45% |
| Oregon | $986,992 | 45% |
| District of Columbia | $971,862 | 45% |
| New Jersey(this game) | $971,862 | 45% |
| New York | $969,192 | 46% |
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 New Jersey?
On a $1,780,000 Cash 5 jackpot taken as a lump sum, you'd pay about $616,788 in federal tax and $191,350 in New Jersey state tax, leaving roughly $971,862.
Does New Jersey tax Cash 5 lottery winnings?
Yes — New Jersey withholds about 10.75% 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.
