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The time is now 10:54 am
You last visited
February 18, 2025, 9:58 am
All times shown are
Eastern Time (GMT-5:00)

Wow , the taxes on wins over $600 is brutal!
Published:
When You Win :: The Official Web Site of the Missouri Lottery (molottery.com)
Claiming Prizes
![]() We want it to be as quick and easy as possible for you to claim your big win.
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Not sure which is option is right for you? Read below for more information.
What to bring to your APPOINTMENT:
Single-ticket claims of $600.01 and More - By Mail
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Jackpot Prizes Lotto and Powerball prizes, which are $1 million and higher, are paid either in annual installments (in 25 annual payments for Lotto prizes and in 30 annual payments for Powerball prizes) or in a lump sum. Mega Millions jackpot prizes are paid in either annual installments (paid out over 29 years) or in a lump sum. Cash option prizes are approximately half of the advertised jackpot.
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Taxes All Lottery winnings are subject to federal and state taxes. The Missouri Lottery is required to withhold 4% Missouri state tax on prizes of $600.01 or more, along with 24% federal tax for prizes of more than $5,000. Winners may owe additional taxes for the prize or they may receive a refund, depending on personal income. |
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Time Limit For Claims You have 180 days to claim your prize from the official end of Scratchers games and 180 days from the drawing date of the last winning play on a Draw Games ticket. The Missouri Lottery is not liable for any lost, stolen or damaged tickets. |
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Publicity The Missouri Lottery loves to celebrate winners. However, effective Aug. 28, 2021, that celebration will only include your name if you have provided written consent, in accordance with § 313.303 RSMo. If you have any questions, please ask a lottery employee for additional information. |
Comments
I'd take that any day. My state MD., gets 8.95% on top of the Fed 24%.
lol
I don't know, lol
It's still all good though!
Best of Luck.
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