Cash 5
Latest draw · Tuesday, August 18, 2026
Cash 5 Tax Calculator
See what you'd really take home from a Cash 5 prize after federal and New Jersey state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $609,000
- Federal tax
- − $183,525
- State tax (New Jersey · 10.75%)
- − $65,468
- Net take-home
- $360,008
Estimate only — uses single-filer federal brackets and New Jersey's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Cash 5 take-home by state
What you'd keep from a $609,000 Cash 5 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 | $425,475 | 30% |
| Californiano state tax | $425,475 | 30% |
| Floridano state tax | $425,475 | 30% |
| New Hampshireno state tax | $425,475 | 30% |
| South Dakotano state tax | $425,475 | 30% |
| Tennesseeno state tax | $425,475 | 30% |
| Texasno state tax | $425,475 | 30% |
| Washingtonno state tax | $425,475 | 30% |
| Wyomingno state tax | $425,475 | 30% |
| Arizona | $410,250 | 33% |
| North Dakota | $410,250 | 33% |
| Pennsylvania | $406,779 | 33% |
| Indiana | $406,292 | 33% |
| Ohio | $404,160 | 34% |
| Kentucky | $401,115 | 34% |
| Louisiana | $399,593 | 34% |
| Michigan | $399,593 | 34% |
| Arkansas | $398,679 | 35% |
| Colorado | $398,679 | 35% |
| North Carolina | $398,070 | 35% |
| Utah | $397,157 | 35% |
| Oklahoma | $396,548 | 35% |
| Missouri | $396,243 | 35% |
| Illinois | $395,330 | 35% |
| Alabama | $395,025 | 35% |
| Massachusetts | $395,025 | 35% |
| Mississippi | $395,025 | 35% |
| West Virginia | $394,294 | 35% |
| Georgia | $392,041 | 36% |
| Kansas | $390,762 | 36% |
| Maryland | $390,458 | 36% |
| Virginia | $390,458 | 36% |
| Idaho | $390,153 | 36% |
| Nebraska | $389,910 | 36% |
| Montana | $389,544 | 36% |
| New Mexico | $389,544 | 36% |
| Rhode Island | $388,996 | 36% |
| Iowa | $388,935 | 36% |
| South Carolina | $386,499 | 37% |
| Delaware | $385,281 | 37% |
| Connecticut | $382,906 | 37% |
| Maine | $381,932 | 37% |
| Wisconsin | $378,887 | 38% |
| Vermont | $372,188 | 39% |
| Minnesota | $365,489 | 40% |
| Oregon | $365,184 | 40% |
| District of Columbia | $360,008 | 41% |
| New Jersey(this game) | $360,008 | 41% |
| New York | $359,094 | 41% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Cash 5 tax FAQ
How much tax do you pay on a Cash 5 jackpot in New Jersey?
On a $609,000 Cash 5 jackpot taken as a lump sum, you'd pay about $183,525 in federal tax and $65,468 in New Jersey state tax, leaving roughly $360,008.
Does New Jersey tax Cash 5 lottery winnings?
Yes — New Jersey withholds about 10.75% in state tax on Cash 5 winnings, on top of federal tax.
Should I take the Cash 5 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.
