Calculate how much tax you'll pay on lottery winnings. Estimate federal and state taxes on your lottery prize to see your net payout after taxes.
The total amount of your lottery prize
Your federal tax filing status
Your state of residence for state tax calculation
Non-residents have a 30% federal withholding rate
$0.00
$0.00
| Federal Withholding | $0.00 | 0% |
| Additional Federal Tax | $0.00 | 0% |
| State Tax | $0.00 | 0% |
| Total Taxes | $0.00 | 0% |
| Net Payout | $0.00 | 0% |
Note: This calculator provides estimates based on 2024 tax rates. Federal withholding is 24% for US residents (30% for non-residents), with additional marginal tax up to 37%. State tax rates vary by state. Actual taxes may differ based on your specific tax situation, deductions, and other income. Please consult a tax professional for advice.
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Our lottery tax calculator helps you estimate how much tax you'll pay on your lottery winnings. Simply enter your winnings amount, filing status, and state of residence to see a detailed tax breakdown.
Input the total amount of your lottery prize. This is the gross amount before any taxes are applied.
Choose your federal tax filing status. This affects the marginal tax rate applied to your winnings.
Select your state of residence. State tax rates vary significantly, with some states having no income tax on lottery winnings.
The calculator shows your gross winnings, all taxes (federal and state), and your net payout after taxes.
Lottery winnings are subject to federal income tax. The IRS withholds 24% of your prize upfront (30% for non-US residents). However, because lottery winnings are typically taxed at the highest marginal rate (37%), you may owe additional federal tax when you file your return.
Most states also tax lottery winnings as income. State tax rates range from 0% (in states with no income tax) to over 10% in states like New York (10.9%) and New Jersey (10.75%). Your state of residence determines the rate, not where you bought the ticket.
When you claim a large lottery prize, the lottery commission will automatically withhold federal taxes (24% for residents, 30% for non-residents). You'll receive the net amount after withholding, but may still owe additional taxes when filing your return.
The following states have no state income tax, so they don't tax lottery winnings:
Note: New Hampshire and Tennessee tax interest and dividends but not lottery winnings.
If you win $1,000,000 and live in Florida (no state tax):
If you win $1,000,000 and live in New York (10.9% state tax):
Large lottery winnings can push you into the highest tax bracket (37%). This calculator assumes you're already in the top bracket, which is typical for significant lottery prizes.
The 24% withholding may not cover your full tax liability. You may owe additional federal tax (up to 13% more) when you file your tax return, depending on your total income and deductions.
Non-US residents are subject to a flat 30% federal withholding rate on lottery winnings, with no additional federal tax. However, state tax rules may still apply.
This calculator provides estimates only. Your actual tax liability may vary based on deductions, other income, and specific tax situations. Always consult with a qualified tax professional for personalized advice.
