Estimated Net Jackpots for New York NYC
Federal Tax Rate: 37.00%
MegaMillions launch
Advertised Jackpot $323,000,000
Gross Lump Sum: $145.7
Federal Tax (37%): 91.8M (-$53.9M)
State Tax (8.82%): 78.9M (-$12.9M)
Local Tax (3.88%): 73.3M (-$5.6M)
Final Net Estimated Lump Sum:
$73,292,928
Gross Annuity Payment: $323.0M ÷ 26 = $12.4M
Federal Tax (37%): 7.8M (-$4.6M)
State Tax (8.82%): 6.7M (-$1.1M)
Local Tax (3.88%): 6.2M (-$0.5M)
Final Net Estimated Annuity: $6,249,305
Powerball launch
Advertised Jackpot $80,000,000
Gross Lump Sum: $36.2
Federal Tax (37%): 22.8M (-$13.4M)
State Tax (8.82%): 19.6M (-$3.2M)
Local Tax (3.88%): 18.2M (-$1.4M)
Final Net Estimated Lump Sum:
$18,210,048
Gross Annuity Payment: $80.0M ÷ 29 = $2.8M
Federal Tax (37%): 1.7M (-$1.0M)
State Tax (8.82%): 1.5M (-$0.2M)
Local Tax (3.88%): 1.4M (-$0.1M)
Final Net Estimated Annuity: $1,387,697
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 $4 Million Won in Indiana and New Mexico; Jackpot to $284 million 12/14/2018
#megamillions Maryland Lottery Looking for $1 Million Winner! 12/09/2018
#megamillions Record Mega Millions Jackpot Won in South Carolina 10/23/2018
#megamillions Mega Millions Jackpot Skyrockets to All-Time World Record: $1.6 Billion 10/19/2018
#megamillions Up Next: A Whopping $868 Million Mega Millions Jackpot! 10/16/2018
#megamillions Mega Millions Jackpot Jumps to New Record $667 Million 10/15/2018
#megamillions Dueling Mega Millions, Powerball Jackpots Now Total $999 Million 10/14/2018
#megamillions Mega Millions jackpot gets to record territory! 10/12/2018
#megamillions Mega Millions jackpot soars to $548 million! 10/09/2018
#megamillions October heats up as the Mega Millions jackpot grows! 10/05/2018