Estimated Net Jackpots for New York NYC

Where do you live?
Federal Tax Rate: 39.00%

MegaMillions launch

Tuesday July 24th, 2018 Prizes
Advertised Jackpot $493,000,000
Lump Sum Net
$142.98
Million
Annuity Net
$9.16
Million/Year

Gross Lump Sum: $296.0

Federal Tax (39%): 180.6M (-$115.4M)

State Tax (8.82%): 154.5M (-$26.1M)

Local Tax (3.88%): 143.0M (-$11.5M)

Final Net Estimated Lump Sum: $142,979,840

Gross Annuity Payment: $493.0M ÷ 26 = $19.0M

Federal Tax (39%): 11.6M (-$7.4M)

State Tax (8.82%): 9.9M (-$1.7M)

Local Tax (3.88%): 9.2M (-$0.7M)

Final Net Estimated Annuity: $9,159,182

Jackpot data last updated July 21st, 2018.
1 14 30 44 62 1

Powerball launch

Wednesday July 25th, 2018 Prizes
Advertised Jackpot $147,000,000
Lump Sum Net
$43.04
Million
Annuity Net
$2.45
Million/Year

Gross Lump Sum: $89.1

Federal Tax (39%): 54.4M (-$34.7M)

State Tax (8.82%): 46.5M (-$7.9M)

Local Tax (3.88%): 43.0M (-$3.5M)

Final Net Estimated Lump Sum: $43,038,864

Gross Annuity Payment: $147.0M ÷ 29 = $5.1M

Federal Tax (39%): 3.1M (-$2.0M)

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

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

Final Net Estimated Annuity: $2,448,513

Jackpot data last updated July 22nd, 2018.
9 23 56 58 68 1
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Press Releases

#megamillions Jackpot rolls to $306 million! 07/07/2018

#megamillions New Jersey Lottery Scam Alert 07/06/2018

#megamillions Mega Millions jackpot tops $200 million 06/23/2018

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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?