Lotto
Latest draw · Wednesday, October 7, 2026
Lotto Tax Calculator
See what you'd really take home from a Lotto prize after federal and Texas state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $7,750,000
- Federal tax
- − $2,825,688
- State tax (Texas · 0%)
- − $0
- Net take-home
- $4,924,312
🎉 Texas doesn't tax lottery winnings — you only pay federal tax on your Lotto prize.
Estimate only — uses single-filer federal brackets and Texas's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Lotto take-home by state
What you'd keep from a $7,750,000 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 | $4,924,312 | 36% |
| Californiano state tax | $4,924,312 | 36% |
| Floridano state tax | $4,924,312 | 36% |
| New Hampshireno state tax | $4,924,312 | 36% |
| South Dakotano state tax | $4,924,312 | 36% |
| Tennesseeno state tax | $4,924,312 | 36% |
| Texasno state tax(this game) | $4,924,312 | 36% |
| Washingtonno state tax | $4,924,312 | 36% |
| Wyomingno state tax | $4,924,312 | 36% |
| Arizona | $4,730,562 | 39% |
| North Dakota | $4,730,562 | 39% |
| Pennsylvania | $4,686,387 | 40% |
| Indiana | $4,680,187 | 40% |
| Ohio | $4,653,062 | 40% |
| Kentucky | $4,614,312 | 40% |
| Louisiana | $4,594,937 | 41% |
| Michigan | $4,594,937 | 41% |
| Arkansas | $4,583,312 | 41% |
| Colorado | $4,583,312 | 41% |
| North Carolina | $4,575,562 | 41% |
| Utah | $4,563,937 | 41% |
| Oklahoma | $4,556,187 | 41% |
| Missouri | $4,552,312 | 41% |
| Illinois | $4,540,687 | 41% |
| Alabama | $4,536,812 | 41% |
| Massachusetts | $4,536,812 | 41% |
| Mississippi | $4,536,812 | 41% |
| West Virginia | $4,527,512 | 42% |
| Georgia | $4,498,837 | 42% |
| Kansas | $4,482,562 | 42% |
| Maryland | $4,478,687 | 42% |
| Virginia | $4,478,687 | 42% |
| Idaho | $4,474,812 | 42% |
| Nebraska | $4,471,712 | 42% |
| Montana | $4,467,062 | 42% |
| New Mexico | $4,467,062 | 42% |
| Rhode Island | $4,460,087 | 42% |
| Iowa | $4,459,312 | 42% |
| South Carolina | $4,428,312 | 43% |
| Delaware | $4,412,812 | 43% |
| Connecticut | $4,382,587 | 43% |
| Maine | $4,370,187 | 44% |
| Wisconsin | $4,331,437 | 44% |
| Vermont | $4,246,187 | 45% |
| Minnesota | $4,160,937 | 46% |
| Oregon | $4,157,062 | 46% |
| District of Columbia | $4,091,187 | 47% |
| New Jersey | $4,091,187 | 47% |
| New York | $4,079,562 | 47% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Lotto tax FAQ
How much tax do you pay on a Lotto jackpot in Texas?
On a $7,750,000 Lotto jackpot taken as a lump sum, you'd pay about $2,825,688 in federal tax and no Texas state tax, leaving roughly $4,924,312.
Does Texas tax Lotto lottery winnings?
No — Texas does not tax lottery winnings, so you only pay federal tax on a Lotto prize.
Should I take the 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.
