Mega Millions
Latest draw · Tuesday, August 25, 2026 · evening
Mega Millions Tax Calculator
See what you'd really take home from a Mega Millions prize after federal and Virginia state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $113,000,000
- Federal tax
- − $41,768,188
- State tax (Virginia · 5.75%)
- − $6,497,500
- Net take-home
- $64,734,312
Estimate only — uses single-filer federal brackets and Virginia's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Mega Millions take-home by state
What you'd keep from a $113,000,000 Mega Millions 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 | $71,231,812 | 37% |
| Californiano state tax | $71,231,812 | 37% |
| Floridano state tax | $71,231,812 | 37% |
| New Hampshireno state tax | $71,231,812 | 37% |
| South Dakotano state tax | $71,231,812 | 37% |
| Tennesseeno state tax | $71,231,812 | 37% |
| Texasno state tax | $71,231,812 | 37% |
| Washingtonno state tax | $71,231,812 | 37% |
| Wyomingno state tax | $71,231,812 | 37% |
| Arizona | $68,406,812 | 39% |
| North Dakota | $68,406,812 | 39% |
| Pennsylvania | $67,762,712 | 40% |
| Indiana | $67,672,312 | 40% |
| Ohio | $67,276,812 | 40% |
| Kentucky | $66,711,812 | 41% |
| Louisiana | $66,429,312 | 41% |
| Michigan | $66,429,312 | 41% |
| Arkansas | $66,259,812 | 41% |
| Colorado | $66,259,812 | 41% |
| North Carolina | $66,146,812 | 41% |
| Utah | $65,977,312 | 42% |
| Oklahoma | $65,864,312 | 42% |
| Missouri | $65,807,812 | 42% |
| Illinois | $65,638,312 | 42% |
| Alabama | $65,581,812 | 42% |
| Massachusetts | $65,581,812 | 42% |
| Mississippi | $65,581,812 | 42% |
| West Virginia | $65,446,212 | 42% |
| Georgia | $65,028,112 | 42% |
| Kansas | $64,790,812 | 43% |
| Maryland | $64,734,312 | 43% |
| Virginia(this game) | $64,734,312 | 43% |
| Idaho | $64,677,812 | 43% |
| Nebraska | $64,632,612 | 43% |
| Montana | $64,564,812 | 43% |
| New Mexico | $64,564,812 | 43% |
| Rhode Island | $64,463,112 | 43% |
| Iowa | $64,451,812 | 43% |
| South Carolina | $63,999,812 | 43% |
| Delaware | $63,773,812 | 44% |
| Connecticut | $63,333,112 | 44% |
| Maine | $63,152,312 | 44% |
| Wisconsin | $62,587,312 | 45% |
| Vermont | $61,344,312 | 46% |
| Minnesota | $60,101,312 | 47% |
| Oregon | $60,044,812 | 47% |
| District of Columbia | $59,084,312 | 48% |
| New Jersey | $59,084,312 | 48% |
| New York | $58,914,812 | 48% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Mega Millions tax FAQ
How much tax do you pay on a Mega Millions jackpot in Virginia?
On a $113,000,000 Mega Millions jackpot taken as a lump sum, you'd pay about $41,768,188 in federal tax and $6,497,500 in Virginia state tax, leaving roughly $64,734,312.
Does Virginia tax Mega Millions lottery winnings?
Yes — Virginia withholds about 5.75% in state tax on Mega Millions winnings, on top of federal tax.
Should I take the Mega Millions 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.