Estimated Net Jackpots for New York NYC

Where do you live?
Federal Tax Rate: 39.00%

MegaMillions

Tuesday January 16th, 2018 Prizes
Advertised Jackpot $50,000,000
Lump Sum Net
$14.49
Million
Annuity Net
$929
Thousand/Year

Gross Lump Sum: $30.0

Federal Tax (39%): 18.3M (-$11.7M)

State Tax (8.82%): 15.7M (-$2.6M)

Local Tax (3.88%): 14.5M (-$1.2M)

Final Net Estimated Lump Sum: $14,491,200

Gross Annuity Payment: $50.0M ÷ 26 = $1.9M

Federal Tax (39%): 1.2M (-$0.8M)

State Tax (8.82%): 1.0M (-$0.2M)

Local Tax (3.88%): 0.9M (-$0.1M)

Final Net Estimated Annuity: $928,923

Jackpot data last updated January 13th, 2018.
17 18 33 46 60 24

Powerball

Wednesday January 17th, 2018 Prizes
Advertised Jackpot $62,000,000
Lump Sum Net
$18.60
Million
Annuity Net
$1.03
Million/Year

Gross Lump Sum: $38.5

Federal Tax (39%): 23.5M (-$15.0M)

State Tax (8.82%): 20.1M (-$3.4M)

Local Tax (3.88%): 18.6M (-$1.5M)

Final Net Estimated Lump Sum: $18,597,040

Gross Annuity Payment: $62.0M ÷ 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: $1,032,706

Jackpot data last updated January 14th, 2018.
14 25 35 58 69 24

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.

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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?