Lottery Tax Calculator

Lottery Calculators

Want to know how much that winning lottery ticket is actually worth?

Well, these lotto calculators should be able to give you a decent idea of what to expect.

Note: Please only use numerical values, and do not type in any symbols or commas.


Where was the lottery ticket purchased?
Estimated Jackpot Value (the biggest number):
 
Lump Sum Option
One-Time Payout (after Taxes):
 
Annuity Option
(26 equal payments made annually over 25 years)
Total Payout (after Taxes):
Annual Payment Amount (after Taxes):


Where was the lottery ticket purchased?
Estimated Jackpot Value (the biggest number):
 
Lump Sum Option
One-Time Payout (after Taxes):
 
Annuity Option
(30 graduated payments made annually over 29 years)
Total Payout (after Taxes):
Examples of graduated payment structure
Initial (1st) Payment (after Taxes):
10th Payment (after Taxes):
20th Payment (after Taxes):
Final (30th) Payment (after Taxes):


Exceptions:


* Non-Arizona residents typically pay 6% state tax.
** Non-Maryland residents typically pay 6.75% state tax.
*** Winners living in New York City (3.648% extra) and Yonkers (0.897% extra) may be subject to additional taxes.



Legal Stuff:


All calculated figures are based on a sole prize winner and factor in an initial 25% federal tax withholding. A portion of this information has been provided by usamega.com, and all figures are subject to fluctuation resulting from (but not limited to) changes in tax requirements, lottery rules, payout structures, personal expenditures, etc.
The numbers on this page are only intended to provide approximate values and should not be viewed as legal or financial advice. Please if you need help finding a good accountant or tax attorney, and AfterLotto can help you keep as much money as legally possible.