Lotto
Latest draw · Wednesday, August 19, 2026
Lotto Tax Calculator
See what you'd really take home from a Lotto prize after federal and Connecticut state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $2,550,000
- Federal tax
- − $901,688
- State tax (Connecticut · 6.99%)
- − $178,245
- Net take-home
- $1,470,067
Estimate only — uses single-filer federal brackets and Connecticut'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 $2,550,000 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 | $1,648,312 | 35% |
| Californiano state tax | $1,648,312 | 35% |
| Floridano state tax | $1,648,312 | 35% |
| New Hampshireno state tax | $1,648,312 | 35% |
| South Dakotano state tax | $1,648,312 | 35% |
| Tennesseeno state tax | $1,648,312 | 35% |
| Texasno state tax | $1,648,312 | 35% |
| Washingtonno state tax | $1,648,312 | 35% |
| Wyomingno state tax | $1,648,312 | 35% |
| Arizona | $1,584,562 | 38% |
| North Dakota | $1,584,562 | 38% |
| Pennsylvania | $1,570,027 | 38% |
| Indiana | $1,567,987 | 39% |
| Ohio | $1,559,062 | 39% |
| Kentucky | $1,546,312 | 39% |
| Louisiana | $1,539,937 | 40% |
| Michigan | $1,539,937 | 40% |
| Arkansas | $1,536,112 | 40% |
| Colorado | $1,536,112 | 40% |
| North Carolina | $1,533,562 | 40% |
| Utah | $1,529,737 | 40% |
| Oklahoma | $1,527,187 | 40% |
| Missouri | $1,525,912 | 40% |
| Illinois | $1,522,087 | 40% |
| Alabama | $1,520,812 | 40% |
| Massachusetts | $1,520,812 | 40% |
| Mississippi | $1,520,812 | 40% |
| West Virginia | $1,517,752 | 40% |
| Georgia | $1,508,317 | 41% |
| Kansas | $1,502,962 | 41% |
| Maryland | $1,501,687 | 41% |
| Virginia | $1,501,687 | 41% |
| Idaho | $1,500,412 | 41% |
| Nebraska | $1,499,392 | 41% |
| Montana | $1,497,862 | 41% |
| New Mexico | $1,497,862 | 41% |
| Rhode Island | $1,495,567 | 41% |
| Iowa | $1,495,312 | 41% |
| South Carolina | $1,485,112 | 42% |
| Delaware | $1,480,012 | 42% |
| Connecticut(this game) | $1,470,067 | 42% |
| Maine | $1,465,987 | 43% |
| Wisconsin | $1,453,237 | 43% |
| Vermont | $1,425,187 | 44% |
| Minnesota | $1,397,137 | 45% |
| Oregon | $1,395,862 | 45% |
| District of Columbia | $1,374,187 | 46% |
| New Jersey | $1,374,187 | 46% |
| New York | $1,370,362 | 46% |
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 Connecticut?
On a $2,550,000 Lotto jackpot taken as a lump sum, you'd pay about $901,688 in federal tax and $178,245 in Connecticut state tax, leaving roughly $1,470,067.
Does Connecticut tax Lotto lottery winnings?
Yes — Connecticut withholds about 6.99% in state tax on Lotto winnings, on top of federal tax.
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.
