Estimated Net Jackpots for New York NYC
Federal Tax Rate: 37.00%
MegaMillions launch
Advertised Jackpot $140,000,000
Gross Lump Sum: $62.8
Federal Tax (37%): 39.6M (-$23.2M)
State Tax (8.82%): 34.0M (-$5.5M)
Local Tax (3.88%): 31.6M (-$2.4M)
Final Net Estimated Lump Sum:
$31,590,912
Gross Annuity Payment: $140.0M ÷ 26 = $5.4M
Federal Tax (37%): 3.4M (-$2.0M)
State Tax (8.82%): 2.9M (-$0.5M)
Local Tax (3.88%): 2.7M (-$0.2M)
Final Net Estimated Annuity: $2,708,677
Powerball launch
Advertised Jackpot $87,000,000
Gross Lump Sum: $39.7
Federal Tax (37%): 25.0M (-$14.7M)
State Tax (8.82%): 21.5M (-$3.5M)
Local Tax (3.88%): 20.0M (-$1.5M)
Final Net Estimated Lump Sum:
$19,970,688
Gross Annuity Payment: $87.0M ÷ 29 = $3.0M
Federal Tax (37%): 1.9M (-$1.1M)
State Tax (8.82%): 1.6M (-$0.3M)
Local Tax (3.88%): 1.5M (-$0.1M)
Final Net Estimated Annuity: $1,509,120
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