Montana Cash
Latest draw · Saturday, May 16, 2026
Montana Cash Tax Calculator
See what you'd really take home from a Montana Cash prize after federal and Montana state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $1,000,000
- Federal tax
- − $328,188
- State tax (Montana · 5.9%)
- − $59,000
- Net take-home
- $612,812
Estimate only — uses single-filer federal brackets and Montana's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Montana Cash tax FAQ
How much tax do you pay on a Montana Cash jackpot in Montana?
On a $1,000,000 Montana Cash jackpot taken as a lump sum, you'd pay about $328,188 in federal tax and $59,000 in Montana state tax, leaving roughly $612,812.
Does Montana tax Montana Cash lottery winnings?
Yes — Montana withholds about 5.9% in state tax on Montana Cash winnings, on top of federal tax.
Should I take the Montana Cash 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.