Lotto
Latest draw · Saturday, October 3, 2026
Lotto Tax Calculator
See what you'd really take home from a Lotto prize after federal and Texas state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $7,000,000
- Federal tax
- − $2,548,188
- State tax (Texas · 0%)
- − $0
- Net take-home
- $4,451,812
🎉 Texas doesn't tax lottery winnings — you only pay federal tax on your Lotto prize.
Estimate only — uses single-filer federal brackets and Texas's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Lotto take-home by state
What you'd keep from a $7,000,000 Lotto 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 | $4,451,812 | 36% |
| Californiano state tax | $4,451,812 | 36% |
| Floridano state tax | $4,451,812 | 36% |
| New Hampshireno state tax | $4,451,812 | 36% |
| South Dakotano state tax | $4,451,812 | 36% |
| Tennesseeno state tax | $4,451,812 | 36% |
| Texasno state tax(this game) | $4,451,812 | 36% |
| Washingtonno state tax | $4,451,812 | 36% |
| Wyomingno state tax | $4,451,812 | 36% |
| Arizona | $4,276,812 | 39% |
| North Dakota | $4,276,812 | 39% |
| Pennsylvania | $4,236,912 | 39% |
| Indiana | $4,231,312 | 40% |
| Ohio | $4,206,812 | 40% |
| Kentucky | $4,171,812 | 40% |
| Louisiana | $4,154,312 | 41% |
| Michigan | $4,154,312 | 41% |
| Arkansas | $4,143,812 | 41% |
| Colorado | $4,143,812 | 41% |
| North Carolina | $4,136,812 | 41% |
| Utah | $4,126,312 | 41% |
| Oklahoma | $4,119,312 | 41% |
| Missouri | $4,115,812 | 41% |
| Illinois | $4,105,312 | 41% |
| Alabama | $4,101,812 | 41% |
| Massachusetts | $4,101,812 | 41% |
| Mississippi | $4,101,812 | 41% |
| West Virginia | $4,093,412 | 42% |
| Georgia | $4,067,512 | 42% |
| Kansas | $4,052,812 | 42% |
| Maryland | $4,049,312 | 42% |
| Virginia | $4,049,312 | 42% |
| Idaho | $4,045,812 | 42% |
| Nebraska | $4,043,012 | 42% |
| Montana | $4,038,812 | 42% |
| New Mexico | $4,038,812 | 42% |
| Rhode Island | $4,032,512 | 42% |
| Iowa | $4,031,812 | 42% |
| South Carolina | $4,003,812 | 43% |
| Delaware | $3,989,812 | 43% |
| Connecticut | $3,962,512 | 43% |
| Maine | $3,951,312 | 44% |
| Wisconsin | $3,916,312 | 44% |
| Vermont | $3,839,312 | 45% |
| Minnesota | $3,762,312 | 46% |
| Oregon | $3,758,812 | 46% |
| District of Columbia | $3,699,312 | 47% |
| New Jersey | $3,699,312 | 47% |
| New York | $3,688,812 | 47% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Lotto tax FAQ
How much tax do you pay on a Lotto jackpot in Texas?
On a $7,000,000 Lotto jackpot taken as a lump sum, you'd pay about $2,548,188 in federal tax and no Texas state tax, leaving roughly $4,451,812.
Does Texas tax Lotto lottery winnings?
No — Texas does not tax lottery winnings, so you only pay federal tax on a Lotto prize.
Should I take the Lotto 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.
