Texas Two Step
Latest draw · Monday, August 24, 2026
Texas Two Step Tax Calculator
See what you'd really take home from a Texas Two Step prize after federal and Texas state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $225,000
- Federal tax
- − $49,687
- State tax (Texas · 0%)
- − $0
- Net take-home
- $175,314
🎉 Texas doesn't tax lottery winnings — you only pay federal tax on your Texas Two Step 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.
Texas Two Step take-home by state
What you'd keep from a $225,000 Texas Two Step 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 | $175,314 | 22% |
| Californiano state tax | $175,314 | 22% |
| Floridano state tax | $175,314 | 22% |
| New Hampshireno state tax | $175,314 | 22% |
| South Dakotano state tax | $175,314 | 22% |
| Tennesseeno state tax | $175,314 | 22% |
| Texasno state tax(this game) | $175,314 | 22% |
| Washingtonno state tax | $175,314 | 22% |
| Wyomingno state tax | $175,314 | 22% |
| Arizona | $169,689 | 25% |
| North Dakota | $169,689 | 25% |
| Pennsylvania | $168,406 | 25% |
| Indiana | $168,226 | 25% |
| Ohio | $167,439 | 26% |
| Kentucky | $166,314 | 26% |
| Louisiana | $165,751 | 26% |
| Michigan | $165,751 | 26% |
| Arkansas | $165,414 | 26% |
| Colorado | $165,414 | 26% |
| North Carolina | $165,189 | 27% |
| Utah | $164,851 | 27% |
| Oklahoma | $164,626 | 27% |
| Missouri | $164,514 | 27% |
| Illinois | $164,176 | 27% |
| Alabama | $164,064 | 27% |
| Massachusetts | $164,064 | 27% |
| Mississippi | $164,064 | 27% |
| West Virginia | $163,794 | 27% |
| Georgia | $162,961 | 28% |
| Kansas | $162,489 | 28% |
| Maryland | $162,376 | 28% |
| Virginia | $162,376 | 28% |
| Idaho | $162,264 | 28% |
| Nebraska | $162,174 | 28% |
| Montana | $162,039 | 28% |
| New Mexico | $162,039 | 28% |
| Rhode Island | $161,836 | 28% |
| Iowa | $161,814 | 28% |
| South Carolina | $160,914 | 28% |
| Delaware | $160,464 | 29% |
| Connecticut | $159,586 | 29% |
| Maine | $159,226 | 29% |
| Wisconsin | $158,101 | 30% |
| Vermont | $155,626 | 31% |
| Minnesota | $153,151 | 32% |
| Oregon | $153,039 | 32% |
| District of Columbia | $151,126 | 33% |
| New Jersey | $151,126 | 33% |
| New York | $150,789 | 33% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Texas Two Step tax FAQ
How much tax do you pay on a Texas Two Step jackpot in Texas?
On a $225,000 Texas Two Step jackpot taken as a lump sum, you'd pay about $49,687 in federal tax and no Texas state tax, leaving roughly $175,314.
Does Texas tax Texas Two Step lottery winnings?
No — Texas does not tax lottery winnings, so you only pay federal tax on a Texas Two Step prize.
Should I take the Texas Two Step 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.
