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Powerball Tax Breakdown

Monday, February 2, 2026

Annuity (30 years)
$69,900,000
Cash Option
$31,600,000

After-Tax Payouts by State

Federal tax: 37% marginal rate • Click any state for 30-year schedule

StateState TaxAnnuity (After Tax)Cash (After Tax)
Arizona2.5%$43,543,867$19,159,812
Arkansas3.9%$42,565,267$18,717,412
California0%$45,291,367$19,949,812
Colorado4%$42,495,367$18,685,812
Connecticut6.99%$40,405,357$17,740,972
Delaware6.6%$40,677,967$17,864,212
District of Columbia8.5%$39,349,867$17,263,812
Florida0%$45,291,367$19,949,812
Georgia5.75%$41,272,117$18,132,812
Idaho6%$41,097,367$18,053,812
Illinois4.95%$41,831,317$18,385,612
Indiana3.15%$43,089,517$18,954,412
Iowa5%$41,796,367$18,369,812
Kansas5%$41,796,367$18,369,812
Kentucky4.5%$42,145,867$18,527,812
Louisiana4.25%$42,320,617$18,606,812
Maine7.15%$40,293,517$17,690,412
Maryland8.75%$39,175,117$17,184,812
Massachusetts5%$41,796,367$18,369,812
Michigan4.25%$42,320,617$18,606,812
Minnesota7.25%$40,223,617$17,658,812
Missouri4%$42,495,367$18,685,812
Montana6.75%$40,573,117$17,816,812
Nebraska5%$41,796,367$18,369,812
New Hampshire0%$45,291,367$19,949,812
New Jersey8%$39,699,367$17,421,812
New Mexico6%$41,097,367$18,053,812
New York8.82%$39,126,187$17,162,692
North Carolina4.75%$41,971,117$18,448,812
North Dakota2.9%$43,264,267$19,033,412
Ohio3.99%$42,502,357$18,688,972
Oklahoma4.75%$41,971,117$18,448,812
Oregon8%$39,699,367$17,421,812
Pennsylvania3.07%$43,145,437$18,979,692
Puerto Rico0%$45,291,367$19,949,812
Rhode Island5.99%$41,104,357$18,056,972
South Carolina7%$40,398,367$17,737,812
South Dakota0%$45,291,367$19,949,812
Tennessee0%$45,291,367$19,949,812
Texas0%$45,291,367$19,949,812
US Virgin Islands0%$45,291,367$19,949,812
Vermont6%$41,097,367$18,053,812
Virginia4%$42,495,367$18,685,812
Washington0%$45,291,367$19,949,812
West Virginia6.5%$40,747,867$17,895,812
Wisconsin7.65%$39,944,017$17,532,412
Wyoming0%$45,291,367$19,949,812