Wild Money
Latest draw · Tuesday, August 25, 2026
Wild Money Tax Calculator
See what you'd really take home from a Wild Money prize after federal and Rhode Island state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $118,000
- Federal tax
- − $21,363
- State tax (Rhode Island · 5.99%)
- − $7,068
- Net take-home
- $89,569
Estimate only — uses single-filer federal brackets and Rhode Island's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Wild Money take-home by state
What you'd keep from a $118,000 Wild Money 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 | $96,638 | 18% |
| Californiano state tax | $96,638 | 18% |
| Floridano state tax | $96,638 | 18% |
| New Hampshireno state tax | $96,638 | 18% |
| South Dakotano state tax | $96,638 | 18% |
| Tennesseeno state tax | $96,638 | 18% |
| Texasno state tax | $96,638 | 18% |
| Washingtonno state tax | $96,638 | 18% |
| Wyomingno state tax | $96,638 | 18% |
| Arizona | $93,688 | 21% |
| North Dakota | $93,688 | 21% |
| Pennsylvania | $93,015 | 21% |
| Indiana | $92,921 | 21% |
| Ohio | $92,508 | 22% |
| Kentucky | $91,918 | 22% |
| Louisiana | $91,623 | 22% |
| Michigan | $91,623 | 22% |
| Arkansas | $91,446 | 23% |
| Colorado | $91,446 | 23% |
| North Carolina | $91,328 | 23% |
| Utah | $91,151 | 23% |
| Oklahoma | $91,033 | 23% |
| Missouri | $90,974 | 23% |
| Illinois | $90,797 | 23% |
| Alabama | $90,738 | 23% |
| Massachusetts | $90,738 | 23% |
| Mississippi | $90,738 | 23% |
| West Virginia | $90,596 | 23% |
| Georgia | $90,159 | 24% |
| Kansas | $89,912 | 24% |
| Maryland | $89,853 | 24% |
| Virginia | $89,853 | 24% |
| Idaho | $89,794 | 24% |
| Nebraska | $89,746 | 24% |
| Montana | $89,676 | 24% |
| New Mexico | $89,676 | 24% |
| Rhode Island(this game) | $89,569 | 24% |
| Iowa | $89,558 | 24% |
| South Carolina | $89,086 | 25% |
| Delaware | $88,850 | 25% |
| Connecticut | $88,389 | 25% |
| Maine | $88,201 | 25% |
| Wisconsin | $87,611 | 26% |
| Vermont | $86,313 | 27% |
| Minnesota | $85,015 | 28% |
| Oregon | $84,956 | 28% |
| District of Columbia | $83,953 | 29% |
| New Jersey | $83,953 | 29% |
| New York | $83,776 | 29% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Wild Money tax FAQ
How much tax do you pay on a Wild Money jackpot in Rhode Island?
On a $118,000 Wild Money jackpot taken as a lump sum, you'd pay about $21,363 in federal tax and $7,068 in Rhode Island state tax, leaving roughly $89,569.
Does Rhode Island tax Wild Money lottery winnings?
Yes — Rhode Island withholds about 5.99% in state tax on Wild Money winnings, on top of federal tax.
Should I take the Wild Money 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.
