Fantasy5
Latest draw · Wednesday, October 7, 2026
Fantasy5 Tax Calculator
See what you'd really take home from a Fantasy5 prize after federal and Michigan state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $120,000
- Federal tax
- − $21,843
- State tax (Michigan · 4.25%)
- − $5,100
- Net take-home
- $93,058
Estimate only — uses single-filer federal brackets and Michigan's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Fantasy5 take-home by state
What you'd keep from a $120,000 Fantasy5 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 | $98,158 | 18% |
| Californiano state tax | $98,158 | 18% |
| Floridano state tax | $98,158 | 18% |
| New Hampshireno state tax | $98,158 | 18% |
| South Dakotano state tax | $98,158 | 18% |
| Tennesseeno state tax | $98,158 | 18% |
| Texasno state tax | $98,158 | 18% |
| Washingtonno state tax | $98,158 | 18% |
| Wyomingno state tax | $98,158 | 18% |
| Arizona | $95,158 | 21% |
| North Dakota | $95,158 | 21% |
| Pennsylvania | $94,474 | 21% |
| Indiana | $94,378 | 21% |
| Ohio | $93,958 | 22% |
| Kentucky | $93,358 | 22% |
| Louisiana | $93,058 | 22% |
| Michigan(this game) | $93,058 | 22% |
| Arkansas | $92,878 | 23% |
| Colorado | $92,878 | 23% |
| North Carolina | $92,758 | 23% |
| Utah | $92,578 | 23% |
| Oklahoma | $92,458 | 23% |
| Missouri | $92,398 | 23% |
| Illinois | $92,218 | 23% |
| Alabama | $92,158 | 23% |
| Massachusetts | $92,158 | 23% |
| Mississippi | $92,158 | 23% |
| West Virginia | $92,014 | 23% |
| Georgia | $91,570 | 24% |
| Kansas | $91,318 | 24% |
| Maryland | $91,258 | 24% |
| Virginia | $91,258 | 24% |
| Idaho | $91,198 | 24% |
| Nebraska | $91,150 | 24% |
| Montana | $91,078 | 24% |
| New Mexico | $91,078 | 24% |
| Rhode Island | $90,970 | 24% |
| Iowa | $90,958 | 24% |
| South Carolina | $90,478 | 25% |
| Delaware | $90,238 | 25% |
| Connecticut | $89,770 | 25% |
| Maine | $89,578 | 25% |
| Wisconsin | $88,978 | 26% |
| Vermont | $87,658 | 27% |
| Minnesota | $86,338 | 28% |
| Oregon | $86,278 | 28% |
| District of Columbia | $85,258 | 29% |
| New Jersey | $85,258 | 29% |
| New York | $85,078 | 29% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Fantasy5 tax FAQ
How much tax do you pay on a Fantasy5 jackpot in Michigan?
On a $120,000 Fantasy5 jackpot taken as a lump sum, you'd pay about $21,843 in federal tax and $5,100 in Michigan state tax, leaving roughly $93,058.
Does Michigan tax Fantasy5 lottery winnings?
Yes — Michigan withholds about 4.25% in state tax on Fantasy5 winnings, on top of federal tax.
Should I take the Fantasy5 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.
