Lotto
Latest draw · Monday, July 6, 2026
Lotto Tax Calculator
See what you'd really take home from a Lotto prize after federal and Illinois state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $8,450,000
- Federal tax
- − $3,084,688
- State tax (Illinois · 4.95%)
- − $418,275
- Net take-home
- $4,947,037
Estimate only — uses single-filer federal brackets and Illinois'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 $8,450,000 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 | $5,365,312 | 37% |
| Californiano state tax | $5,365,312 | 37% |
| Floridano state tax | $5,365,312 | 37% |
| New Hampshireno state tax | $5,365,312 | 37% |
| South Dakotano state tax | $5,365,312 | 37% |
| Tennesseeno state tax | $5,365,312 | 37% |
| Texasno state tax | $5,365,312 | 37% |
| Washingtonno state tax | $5,365,312 | 37% |
| Wyomingno state tax | $5,365,312 | 37% |
| Arizona | $5,154,062 | 39% |
| North Dakota | $5,154,062 | 39% |
| Pennsylvania | $5,105,897 | 40% |
| Indiana | $5,099,137 | 40% |
| Ohio | $5,069,562 | 40% |
| Kentucky | $5,027,312 | 41% |
| Louisiana | $5,006,187 | 41% |
| Michigan | $5,006,187 | 41% |
| Arkansas | $4,993,512 | 41% |
| Colorado | $4,993,512 | 41% |
| North Carolina | $4,985,062 | 41% |
| Utah | $4,972,387 | 41% |
| Oklahoma | $4,963,937 | 41% |
| Missouri | $4,959,712 | 41% |
| Illinois(this game) | $4,947,037 | 41% |
| Alabama | $4,942,812 | 42% |
| Massachusetts | $4,942,812 | 42% |
| Mississippi | $4,942,812 | 42% |
| West Virginia | $4,932,672 | 42% |
| Georgia | $4,901,407 | 42% |
| Kansas | $4,883,662 | 42% |
| Maryland | $4,879,437 | 42% |
| Virginia | $4,879,437 | 42% |
| Idaho | $4,875,212 | 42% |
| Nebraska | $4,871,832 | 42% |
| Montana | $4,866,762 | 42% |
| New Mexico | $4,866,762 | 42% |
| Rhode Island | $4,859,157 | 42% |
| Iowa | $4,858,312 | 43% |
| South Carolina | $4,824,512 | 43% |
| Delaware | $4,807,612 | 43% |
| Connecticut | $4,774,657 | 43% |
| Maine | $4,761,137 | 44% |
| Wisconsin | $4,718,887 | 44% |
| Vermont | $4,625,937 | 45% |
| Minnesota | $4,532,987 | 46% |
| Oregon | $4,528,762 | 46% |
| District of Columbia | $4,456,937 | 47% |
| New Jersey | $4,456,937 | 47% |
| New York | $4,444,262 | 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 Illinois?
On a $8,450,000 Lotto jackpot taken as a lump sum, you'd pay about $3,084,688 in federal tax and $418,275 in Illinois state tax, leaving roughly $4,947,037.
Does Illinois tax Lotto lottery winnings?
Yes — Illinois withholds about 4.95% 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.
