Gross Prize |
26 annual payments of $9,692,308 |
|
|
Lump-sum cash: $159,000,000 |
- 25% Federal Tax |
- $2,423,077 |
|
|
- $39,750,000 |
|
|
$119,250,000 |
- State Tax: |
|
California: No State Tax on Lottery Prizes! |
Your net per year: $7,269,231 |
|
Your net payout: $119,250,000 |
After 26 payments: $189,000,006 |
|
Georgia: 6% State Tax |
- $581,538 |
|
|
- $9,540,000 |
Your net per year: $6,687,693 |
|
Your net payout: $109,710,000 |
After 26 payments: $173,880,018 |
|
Illinois: 3% State Tax |
- $290,769 |
|
|
- $4,770,000 |
Your net per year: $6,978,462 |
|
Your net payout: $114,480,000 |
After 26 payments: $181,440,012 |
|
Maryland: 8.5% State Tax for In-State Residents |
- $823,846 |
|
|
- $13,515,000 |
Your net per year: $6,445,385 |
|
Your net payout: $105,735,000 |
After 26 payments: $167,580,010 |
|
Non-Maryland Residents: 6.75% State Tax |
- $654,231 |
|
|
- $10,732,500 |
Your net per year: $6,615,000 |
|
Your net payout: $108,517,500 |
After 26 payments: $171,990,000 |
|
Massachusetts: 5% State Tax |
- $484,615 |
|
|
- $7,950,000 |
Your net per year: $6,784,616 |
|
Your net payout: $111,300,000 |
After 26 payments: $176,400,016 |
|
Michigan: 4.35% State Tax |
- $421,615 |
|
|
- $6,916,500 |
Your net per year: $6,847,616 |
|
Your net payout: $112,333,500 |
After 26 payments: $178,038,016 |
|
New Jersey: 10.8% State Tax |
- $1,046,769 |
|
|
- $17,172,000 |
Your net per year: $6,222,462 |
|
Your net payout: $102,078,000 |
After 26 payments: $161,784,012 |
|
New York†: 8.97% State Tax |
- $869,400 |
|
|
- $14,262,300 |
Your net per year: $6,399,831 |
|
Your net payout: $104,987,700 |
After 26 payments: $166,395,606 |
|
Ohio: 6% State Tax |
- $581,538 |
|
|
- $9,540,000 |
Your net per year: $6,687,693 |
|
Your net payout: $109,710,000 |
After 26 payments: $173,880,018 |
|
Texas: No State Tax on Lottery Prizes! |
Your net per year: $7,269,231 |
|
Your net payout: $119,250,000 |
After 26 payments: $189,000,006 |
|
Virginia: 4% State Tax |
- $387,692 |
|
|
- $6,360,000 |
Your net per year: $6,881,539 |
|
Your net payout: $112,890,000 |
After 26 payments: $178,920,014 |
|
Washington: No State Tax on Lottery Prizes! |
Your net per year: $7,269,231 |
|
Your net payout: $119,250,000 |
After 26 payments: $189,000,006 |
|