Estimated Net Jackpots for New York NYC
Federal Tax Rate: 39.00%
MegaMillions launch
Advertised Jackpot $252,000,000
Gross Lump Sum: $148.0
Federal Tax (39%): 90.3M (-$57.7M)
State Tax (8.82%): 77.2M (-$13.1M)
Local Tax (3.88%): 71.5M (-$5.7M)
Final Net Estimated Lump Sum: $71,489,920
Gross Annuity Payment: $252.0M ÷ 26 = $9.7M
Federal Tax (39%): 5.9M (-$3.8M)
State Tax (8.82%): 5.1M (-$0.9M)
Local Tax (3.88%): 4.7M (-$0.4M)
Final Net Estimated Annuity: $4,681,772
Powerball launch
Advertised Jackpot $163,000,000
Gross Lump Sum: $96.4
Federal Tax (39%): 58.8M (-$37.6M)
State Tax (8.82%): 50.3M (-$8.5M)
Local Tax (3.88%): 46.6M (-$3.7M)
Final Net Estimated Lump Sum: $46,565,056
Gross Annuity Payment: $163.0M ÷ 29 = $5.6M
Federal Tax (39%): 3.4M (-$2.2M)
State Tax (8.82%): 2.9M (-$0.5M)
Local Tax (3.88%): 2.7M (-$0.2M)
Final Net Estimated Annuity: $2,715,018
Like you, we love to dream about winning the lottery. So we're tracking the latest results for a couple of national lottery games and providing at-a-glance net estimates for what the jackpot would actually be in your bank account. Pick your state and locality to get customized estimates.
Press Releases
#megamillions Santa Clara County Office Pool Claims $543 Million Mega Millions Jackpot! 08/03/2018
#megamillions Lucky Mega Millions jackpot winner in California! 07/25/2018
#megamillions California Mega Millions Jackpot Win 07/25/2018
#megamillions Mega Millions continues to roll, jumps to $493 million! 07/21/2018
#megamillions Jackpot surges to $422 million; three $1 million winners! 07/18/2018
#megamillions Mega Millions jackpot keeps growing, to $375 million! 07/14/2018
#megamillions A $340 million Mega Millions jackpot for Friday the 13th! 07/11/2018
#megamillions Jackpot rolls to $306 million! 07/07/2018
#megamillions New Jersey Lottery Scam Alert 07/06/2018
#megamillions Mega Millions jackpot rolls to $283 million for July 6 07/04/2018