Cash5
Latest draw · Saturday, October 3, 2026
Cash5 Tax Calculator
See what you'd really take home from a Cash5 prize after federal and Virginia state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $331,000
- Federal tax
- − $86,225
- State tax (Virginia · 5.75%)
- − $19,033
- Net take-home
- $225,743
Estimate only — uses single-filer federal brackets and Virginia's top lottery-withholding rate. Actual tax depends on your total income, filing status and deductions. Not tax advice.
Cash5 take-home by state
What you'd keep from a $331,000 Cash5 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 | $244,775 | 26% |
| Californiano state tax | $244,775 | 26% |
| Floridano state tax | $244,775 | 26% |
| New Hampshireno state tax | $244,775 | 26% |
| South Dakotano state tax | $244,775 | 26% |
| Tennesseeno state tax | $244,775 | 26% |
| Texasno state tax | $244,775 | 26% |
| Washingtonno state tax | $244,775 | 26% |
| Wyomingno state tax | $244,775 | 26% |
| Arizona | $236,500 | 29% |
| North Dakota | $236,500 | 29% |
| Pennsylvania | $234,614 | 29% |
| Indiana | $234,349 | 29% |
| Ohio | $233,190 | 30% |
| Kentucky | $231,535 | 30% |
| Louisiana | $230,708 | 30% |
| Michigan | $230,708 | 30% |
| Arkansas | $230,211 | 30% |
| Colorado | $230,211 | 30% |
| North Carolina | $229,880 | 31% |
| Utah | $229,384 | 31% |
| Oklahoma | $229,053 | 31% |
| Missouri | $228,887 | 31% |
| Illinois | $228,391 | 31% |
| Alabama | $228,225 | 31% |
| Massachusetts | $228,225 | 31% |
| Mississippi | $228,225 | 31% |
| West Virginia | $227,828 | 31% |
| Georgia | $226,603 | 32% |
| Kansas | $225,908 | 32% |
| Maryland | $225,743 | 32% |
| Virginia(this game) | $225,743 | 32% |
| Idaho | $225,577 | 32% |
| Nebraska | $225,445 | 32% |
| Montana | $225,246 | 32% |
| New Mexico | $225,246 | 32% |
| Rhode Island | $224,948 | 32% |
| Iowa | $224,915 | 32% |
| South Carolina | $223,591 | 32% |
| Delaware | $222,929 | 33% |
| Connecticut | $221,638 | 33% |
| Maine | $221,109 | 33% |
| Wisconsin | $219,454 | 34% |
| Vermont | $215,813 | 35% |
| Minnesota | $212,172 | 36% |
| Oregon | $212,006 | 36% |
| District of Columbia | $209,193 | 37% |
| New Jersey | $209,193 | 37% |
| New York | $208,696 | 37% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Cash5 tax FAQ
How much tax do you pay on a Cash5 jackpot in Virginia?
On a $331,000 Cash5 jackpot taken as a lump sum, you'd pay about $86,225 in federal tax and $19,033 in Virginia state tax, leaving roughly $225,743.
Does Virginia tax Cash5 lottery winnings?
Yes — Virginia withholds about 5.75% in state tax on Cash5 winnings, on top of federal tax.
Should I take the Cash5 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.