Pick 3 Tax Calculator
See what you'd really take home from a Pick 3 prize after federal and Maine state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $1,000,000
- Federal tax
- − $328,188
- State tax (Maine · 7.15%)
- − $71,500
- Net take-home
- $600,312
Estimate only — uses single-filer federal brackets and Maine's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Pick 3 tax FAQ
How much tax do you pay on a Pick 3 jackpot in Maine?
On a $1,000,000 Pick 3 jackpot taken as a lump sum, you'd pay about $328,188 in federal tax and $71,500 in Maine state tax, leaving roughly $600,312.
Does Maine tax Pick 3 lottery winnings?
Yes — Maine withholds about 7.15% in state tax on Pick 3 winnings, on top of federal tax.
Should I take the Pick 3 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.
