Estimated Net Jackpots for New York NYC
Federal Tax Rate: 37.00%
MegaMillions launch
Advertised Jackpot $143,000,000
Gross Lump Sum: $83.6
Federal Tax (37%): 52.7M (-$30.9M)
State Tax (8.82%): 45.3M (-$7.4M)
Local Tax (3.88%): 42.1M (-$3.2M)
Final Net Estimated Lump Sum:
$42,054,144
Gross Annuity Payment: $143.0M ÷ 26 = $5.5M
Federal Tax (37%): 3.5M (-$2.0M)
State Tax (8.82%): 3.0M (-$0.5M)
Local Tax (3.88%): 2.8M (-$0.2M)
Final Net Estimated Annuity: $2,766,720
Powerball launch
Advertised Jackpot $125,000,000
Gross Lump Sum: $73.4
Federal Tax (37%): 46.2M (-$27.2M)
State Tax (8.82%): 39.8M (-$6.5M)
Local Tax (3.88%): 36.9M (-$2.8M)
Final Net Estimated Lump Sum:
$36,923,136
Gross Annuity Payment: $125.0M ÷ 29 = $4.3M
Federal Tax (37%): 2.7M (-$1.6M)
State Tax (8.82%): 2.3M (-$0.4M)
Local Tax (3.88%): 2.2M (-$0.2M)
Final Net Estimated Annuity: $2,168,276
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 12/15/2018
#megamillions Maryland Lottery Looking for $1 Million Winner! 12/10/2018
#megamillions Record Mega Millions Jackpot Won in South Carolina 10/24/2018
#megamillions Mega Millions Jackpot Skyrockets to All-Time World Record: $1.6 Billion 10/20/2018
#megamillions Up Next: A Whopping $868 Million Mega Millions Jackpot! 10/17/2018
#megamillions Mega Millions Jackpot Jumps to New Record $667 Million 10/16/2018
#megamillions Dueling Mega Millions, Powerball Jackpots Now Total $999 Million 10/15/2018
#megamillions Mega Millions jackpot gets to record territory! 10/13/2018
#megamillions Mega Millions jackpot soars to $548 million! 10/10/2018
#megamillions October heats up as the Mega Millions jackpot grows! 10/06/2018