Pick 6 Lotto
Latest draw · Monday, July 6, 2026
Pick 6 Lotto Tax Calculator
See what you'd really take home from a Pick 6 Lotto prize after federal and New Jersey state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $6,700,000
- Federal tax
- − $2,437,188
- State tax (New Jersey · 10.75%)
- − $720,250
- Net take-home
- $3,542,562
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.
Pick 6 Lotto tax FAQ
How much tax do you pay on a Pick 6 Lotto jackpot in New Jersey?
On a $6,700,000 Pick 6 Lotto jackpot taken as a lump sum, you'd pay about $2,437,188 in federal tax and $720,250 in New Jersey state tax, leaving roughly $3,542,562.
Does New Jersey tax Pick 6 Lotto lottery winnings?
Yes — New Jersey withholds about 10.75% in state tax on Pick 6 Lotto winnings, on top of federal tax.
Should I take the Pick 6 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.
