Estimated Net Jackpots for New York NYC
Federal Tax Rate: 39.00%
MegaMillions launch
Advertised Jackpot $84,000,000
Gross Lump Sum: $49.0
Federal Tax (39%): 29.9M (-$19.1M)
State Tax (8.82%): 25.6M (-$4.3M)
Local Tax (3.88%): 23.7M (-$1.9M)
Final Net Estimated Lump Sum: $23,668,960
Gross Annuity Payment: $84.0M ÷ 26 = $3.2M
Federal Tax (39%): 2.0M (-$1.3M)
State Tax (8.82%): 1.7M (-$0.3M)
Local Tax (3.88%): 1.6M (-$0.1M)
Final Net Estimated Annuity: $1,560,591
Powerball launch
Advertised Jackpot $60,000,000
Gross Lump Sum: $35.7
Federal Tax (39%): 21.8M (-$13.9M)
State Tax (8.82%): 18.6M (-$3.1M)
Local Tax (3.88%): 17.2M (-$1.4M)
Final Net Estimated Lump Sum: $17,244,528
Gross Annuity Payment: $60.0M ÷ 29 = $2.1M
Federal Tax (39%): 1.3M (-$0.8M)
State Tax (8.82%): 1.1M (-$0.2M)
Local Tax (3.88%): 1.0M (-$0.1M)
Final Net Estimated Annuity: $999,393
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 Jackpot won in Ohio, plus six $4 million winners! 05/05/2018
#megamillions Winning $142 Mega Millions ticket sold in Moraine, Ohio 05/04/2018
#megamillions NJ Lottery Announces Winner of Largest New Jersey Jackpot Ever 04/13/2018
#megamillions A very happy Easter for a lucky Mega Millions player in New Jersey! 03/31/2018
#megamillions New Jersey Sells Only Winning Ticket for $521 Million Mega Millions Jackpot 03/31/2018
#megamillions Mega Millions jackpot surges to $521 million! 03/30/2018
#megamillions Mega Millions jackpot tops $500 million for just the fourth time! 03/28/2018
#megamillions Mega Millions jackpot to $458 million! 03/24/2018
#megamillions Jackpot keeps rolling, reaches $421 million! 03/21/2018
#megamillions $3 million won in New York as jackpot rolls to $377 million! 03/17/2018