Disclaimer: Not Tax or Legal Advice
The figures on this site are estimates for planning. They are not tax or legal advice.
Your actual tax on a prize depends on your whole situation: other income, deductions, where you live and where the ticket was bought, local taxes, and future changes in tax law. Annuity figures assume today's tax rules for all 30 years, which will not hold exactly.
Before claiming a prize, consult a qualified tax professional and, for a large prize, an attorney and a fee-only financial advisor. Your state lottery can tell you its claim deadlines and withholding.
Take-Home Jackpot is not affiliated with, endorsed by or connected to Powerball, Mega Millions, the Multi-State Lottery Association or any state lottery. Game names are used only to describe the prizes.
If gambling is a problem for you or someone you know, call or text 1-800-GAMBLER.