Estimated Net Jackpots for New York NYC

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Federal Tax Rate: 39.00%

MegaMillions launch

Tuesday April 24th, 2018 Prizes
Advertised Jackpot $96,000,000
Lump Sum Net
$27.05
Million
Annuity Net
$1.78
Million/Year

Gross Lump Sum: $56.0

Federal Tax (39%): 34.2M (-$21.8M)

State Tax (8.82%): 29.2M (-$4.9M)

Local Tax (3.88%): 27.1M (-$2.2M)

Final Net Estimated Lump Sum: $27,050,240

Gross Annuity Payment: $96.0M ÷ 26 = $3.7M

Federal Tax (39%): 2.3M (-$1.4M)

State Tax (8.82%): 1.9M (-$0.3M)

Local Tax (3.88%): 1.8M (-$0.1M)

Final Net Estimated Annuity: $1,783,532

Jackpot data last updated April 21st, 2018.
1 15 18 32 45 4

Powerball launch

Saturday April 21st, 2018 Prizes
Advertised Jackpot $142,000,000
Lump Sum Net
$41.30
Million
Annuity Net
$2.37
Million/Year

Gross Lump Sum: $85.5

Federal Tax (39%): 52.2M (-$33.3M)

State Tax (8.82%): 44.6M (-$7.5M)

Local Tax (3.88%): 41.3M (-$3.3M)

Final Net Estimated Lump Sum: $41,299,920

Gross Annuity Payment: $142.0M ÷ 29 = $4.9M

Federal Tax (39%): 3.0M (-$1.9M)

State Tax (8.82%): 2.6M (-$0.4M)

Local Tax (3.88%): 2.4M (-$0.2M)

Final Net Estimated Annuity: $2,365,230

Jackpot data last updated April 19th, 2018.
9 10 12 17 23 9
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Press Releases

#megamillions Mega Millions jackpot to $458 million! 03/24/2018

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I'm In It, Are You? is a free service provided by Salerno Labs LLC for entertainment use only. Follow us on twitter @iminitapp, where we automatically tweet the latest game scores, jackpot information, and tax estimates for upcoming games! We are not affiliated with the entities that run these lotteries. These numbers are estimates based on tax rates we've researched from the internet. There are many factors involved that would change the actual net winnings so it's impossible to predict accurately. Have any questions about our estimates? Feel this is inaccurate?