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Rhode Island

Wild Money

Latest draw · Sunday, July 5, 2026

6 11 14 34 36
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Wild Money Tax Calculator

See what you'd really take home from a Wild Money prize after federal and Rhode Island state tax — as a lump sum or a 30-year annuity.

Estimated take-home (lump sum)
$54,634
79% of the $69,000 prize
Prize (lump-sum cash)
$69,000
Federal tax
− $10,233
State tax (Rhode Island · 5.99%)
− $4,133
Net take-home
$54,634

Estimate only — uses single-filer federal brackets and Rhode Island's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.

Wild Money tax FAQ

How much tax do you pay on a Wild Money jackpot in Rhode Island?

On a $69,000 Wild Money jackpot taken as a lump sum, you'd pay about $10,233 in federal tax and $4,133 in Rhode Island state tax, leaving roughly $54,634.

Does Rhode Island tax Wild Money lottery winnings?

Yes — Rhode Island withholds about 5.99% in state tax on Wild Money winnings, on top of federal tax.

Should I take the Wild Money 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.