Mega Millions
Latest draw · Tuesday, August 18, 2026 · evening
Mega Millions Tax Calculator
See what you'd really take home from a Mega Millions prize after federal and Virginia state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $90,000,000
- Federal tax
- − $33,258,188
- State tax (Virginia · 5.75%)
- − $5,175,000
- Net take-home
- $51,566,812
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.
Mega Millions take-home by state
What you'd keep from a $90,000,000 Mega Millions 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 | $56,741,812 | 37% |
| Californiano state tax | $56,741,812 | 37% |
| Floridano state tax | $56,741,812 | 37% |
| New Hampshireno state tax | $56,741,812 | 37% |
| South Dakotano state tax | $56,741,812 | 37% |
| Tennesseeno state tax | $56,741,812 | 37% |
| Texasno state tax | $56,741,812 | 37% |
| Washingtonno state tax | $56,741,812 | 37% |
| Wyomingno state tax | $56,741,812 | 37% |
| Arizona | $54,491,812 | 39% |
| North Dakota | $54,491,812 | 39% |
| Pennsylvania | $53,978,812 | 40% |
| Indiana | $53,906,812 | 40% |
| Ohio | $53,591,812 | 40% |
| Kentucky | $53,141,812 | 41% |
| Louisiana | $52,916,812 | 41% |
| Michigan | $52,916,812 | 41% |
| Arkansas | $52,781,812 | 41% |
| Colorado | $52,781,812 | 41% |
| North Carolina | $52,691,812 | 41% |
| Utah | $52,556,812 | 42% |
| Oklahoma | $52,466,812 | 42% |
| Missouri | $52,421,812 | 42% |
| Illinois | $52,286,812 | 42% |
| Alabama | $52,241,812 | 42% |
| Massachusetts | $52,241,812 | 42% |
| Mississippi | $52,241,812 | 42% |
| West Virginia | $52,133,812 | 42% |
| Georgia | $51,800,812 | 42% |
| Kansas | $51,611,812 | 43% |
| Maryland | $51,566,812 | 43% |
| Virginia(this game) | $51,566,812 | 43% |
| Idaho | $51,521,812 | 43% |
| Nebraska | $51,485,812 | 43% |
| Montana | $51,431,812 | 43% |
| New Mexico | $51,431,812 | 43% |
| Rhode Island | $51,350,812 | 43% |
| Iowa | $51,341,812 | 43% |
| South Carolina | $50,981,812 | 43% |
| Delaware | $50,801,812 | 44% |
| Connecticut | $50,450,812 | 44% |
| Maine | $50,306,812 | 44% |
| Wisconsin | $49,856,812 | 45% |
| Vermont | $48,866,812 | 46% |
| Minnesota | $47,876,812 | 47% |
| Oregon | $47,831,812 | 47% |
| District of Columbia | $47,066,812 | 48% |
| New Jersey | $47,066,812 | 48% |
| New York | $46,931,812 | 48% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Mega Millions tax FAQ
How much tax do you pay on a Mega Millions jackpot in Virginia?
On a $90,000,000 Mega Millions jackpot taken as a lump sum, you'd pay about $33,258,188 in federal tax and $5,175,000 in Virginia state tax, leaving roughly $51,566,812.
Does Virginia tax Mega Millions lottery winnings?
Yes — Virginia withholds about 5.75% in state tax on Mega Millions winnings, on top of federal tax.
Should I take the Mega Millions 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.