Lotto
Latest draw · Wednesday, October 7, 2026
Lotto Tax Calculator
See what you'd really take home from a Lotto prize after federal and Florida state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $2,250,000
- Federal tax
- − $790,688
- State tax (Florida · 0%)
- − $0
- Net take-home
- $1,459,312
🎉 Florida doesn't tax lottery winnings — you only pay federal tax on your Lotto prize.
Estimate only — uses single-filer federal brackets and Florida'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 $2,250,000 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 | $1,459,312 | 35% |
| Californiano state tax | $1,459,312 | 35% |
| Floridano state tax(this game) | $1,459,312 | 35% |
| New Hampshireno state tax | $1,459,312 | 35% |
| South Dakotano state tax | $1,459,312 | 35% |
| Tennesseeno state tax | $1,459,312 | 35% |
| Texasno state tax | $1,459,312 | 35% |
| Washingtonno state tax | $1,459,312 | 35% |
| Wyomingno state tax | $1,459,312 | 35% |
| Arizona | $1,403,062 | 38% |
| North Dakota | $1,403,062 | 38% |
| Pennsylvania | $1,390,237 | 38% |
| Indiana | $1,388,437 | 38% |
| Ohio | $1,380,562 | 39% |
| Kentucky | $1,369,312 | 39% |
| Louisiana | $1,363,687 | 39% |
| Michigan | $1,363,687 | 39% |
| Arkansas | $1,360,312 | 40% |
| Colorado | $1,360,312 | 40% |
| North Carolina | $1,358,062 | 40% |
| Utah | $1,354,687 | 40% |
| Oklahoma | $1,352,437 | 40% |
| Missouri | $1,351,312 | 40% |
| Illinois | $1,347,937 | 40% |
| Alabama | $1,346,812 | 40% |
| Massachusetts | $1,346,812 | 40% |
| Mississippi | $1,346,812 | 40% |
| West Virginia | $1,344,112 | 40% |
| Georgia | $1,335,787 | 41% |
| Kansas | $1,331,062 | 41% |
| Maryland | $1,329,937 | 41% |
| Virginia | $1,329,937 | 41% |
| Idaho | $1,328,812 | 41% |
| Nebraska | $1,327,912 | 41% |
| Montana | $1,326,562 | 41% |
| New Mexico | $1,326,562 | 41% |
| Rhode Island | $1,324,537 | 41% |
| Iowa | $1,324,312 | 41% |
| South Carolina | $1,315,312 | 42% |
| Delaware | $1,310,812 | 42% |
| Connecticut | $1,302,037 | 42% |
| Maine | $1,298,437 | 42% |
| Wisconsin | $1,287,187 | 43% |
| Vermont | $1,262,437 | 44% |
| Minnesota | $1,237,687 | 45% |
| Oregon | $1,236,562 | 45% |
| District of Columbia | $1,217,437 | 46% |
| New Jersey | $1,217,437 | 46% |
| New York | $1,214,062 | 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 Florida?
On a $2,250,000 Lotto jackpot taken as a lump sum, you'd pay about $790,688 in federal tax and no Florida state tax, leaving roughly $1,459,312.
Does Florida tax Lotto lottery winnings?
No — Florida 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.
