Powerball
Latest draw · Saturday, October 3, 2026 · double_play
Powerball Tax Calculator
See what you'd really take home from a Powerball prize after federal and Virginia state tax — as a lump sum or a 30-year annuity.
- Prize (lump-sum cash)
- $369,900,000
- Federal tax
- − $136,821,188
- State tax (Virginia · 5.75%)
- − $21,269,250
- Net take-home
- $211,809,562
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.
Powerball take-home by state
What you'd keep from a $369,900,000 Powerball 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 | $233,078,812 | 37% |
| Californiano state tax | $233,078,812 | 37% |
| Floridano state tax | $233,078,812 | 37% |
| New Hampshireno state tax | $233,078,812 | 37% |
| South Dakotano state tax | $233,078,812 | 37% |
| Tennesseeno state tax | $233,078,812 | 37% |
| Texasno state tax | $233,078,812 | 37% |
| Washingtonno state tax | $233,078,812 | 37% |
| Wyomingno state tax | $233,078,812 | 37% |
| Arizona | $223,831,312 | 39% |
| North Dakota | $223,831,312 | 39% |
| Pennsylvania | $221,722,882 | 40% |
| Indiana | $221,426,962 | 40% |
| Ohio | $220,132,312 | 40% |
| Kentucky | $218,282,812 | 41% |
| Louisiana | $217,358,062 | 41% |
| Michigan | $217,358,062 | 41% |
| Arkansas | $216,803,212 | 41% |
| Colorado | $216,803,212 | 41% |
| North Carolina | $216,433,312 | 41% |
| Utah | $215,878,462 | 42% |
| Oklahoma | $215,508,562 | 42% |
| Missouri | $215,323,612 | 42% |
| Illinois | $214,768,762 | 42% |
| Alabama | $214,583,812 | 42% |
| Massachusetts | $214,583,812 | 42% |
| Mississippi | $214,583,812 | 42% |
| West Virginia | $214,139,932 | 42% |
| Georgia | $212,771,302 | 42% |
| Kansas | $211,994,512 | 43% |
| Maryland | $211,809,562 | 43% |
| Virginia(this game) | $211,809,562 | 43% |
| Idaho | $211,624,612 | 43% |
| Nebraska | $211,476,652 | 43% |
| Montana | $211,254,712 | 43% |
| New Mexico | $211,254,712 | 43% |
| Rhode Island | $210,921,802 | 43% |
| Iowa | $210,884,812 | 43% |
| South Carolina | $209,405,212 | 43% |
| Delaware | $208,665,412 | 44% |
| Connecticut | $207,222,802 | 44% |
| Maine | $206,630,962 | 44% |
| Wisconsin | $204,781,462 | 45% |
| Vermont | $200,712,562 | 46% |
| Minnesota | $196,643,662 | 47% |
| Oregon | $196,458,712 | 47% |
| District of Columbia | $193,314,562 | 48% |
| New Jersey | $193,314,562 | 48% |
| New York | $192,759,712 | 48% |
Assumes you claim as a resident of that state. Estimate only, single-filer brackets. Not tax advice.
Powerball tax FAQ
How much tax do you pay on a Powerball jackpot in Virginia?
On a $369,900,000 Powerball jackpot taken as a lump sum, you'd pay about $136,821,188 in federal tax and $21,269,250 in Virginia state tax, leaving roughly $211,809,562.
Does Virginia tax Powerball lottery winnings?
Yes — Virginia withholds about 5.75% in state tax on Powerball winnings, on top of federal tax.
Should I take the Powerball 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.