Estimated Net Jackpots for New York NYC
Federal Tax Rate: 39.00%
MegaMillions launch
Advertised Jackpot $102,000,000
Gross Lump Sum: $61.0
Federal Tax (39%): 37.2M (-$23.8M)
State Tax (8.82%): 31.8M (-$5.4M)
Local Tax (3.88%): 29.5M (-$2.4M)
Final Net Estimated Lump Sum: $29,465,440
Gross Annuity Payment: $102.0M ÷ 26 = $3.9M
Federal Tax (39%): 2.4M (-$1.5M)
State Tax (8.82%): 2.0M (-$0.3M)
Local Tax (3.88%): 1.9M (-$0.2M)
Final Net Estimated Annuity: $1,895,003
Powerball launch
Advertised Jackpot $60,000,000
Gross Lump Sum: $36.1
Federal Tax (39%): 22.0M (-$14.1M)
State Tax (8.82%): 18.8M (-$3.2M)
Local Tax (3.88%): 17.4M (-$1.4M)
Final Net Estimated Lump Sum: $17,437,744
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 Santa Clara County Office Pool Claims $543 Million Mega Millions Jackpot! 08/03/2018
#megamillions Lucky Mega Millions jackpot winner in California! 07/25/2018
#megamillions California Mega Millions Jackpot Win 07/25/2018
#megamillions Mega Millions continues to roll, jumps to $493 million! 07/21/2018
#megamillions Jackpot surges to $422 million; three $1 million winners! 07/18/2018
#megamillions Mega Millions jackpot keeps growing, to $375 million! 07/14/2018
#megamillions A $340 million Mega Millions jackpot for Friday the 13th! 07/11/2018
#megamillions Jackpot rolls to $306 million! 07/07/2018
#megamillions New Jersey Lottery Scam Alert 07/06/2018
#megamillions Mega Millions jackpot rolls to $283 million for July 6 07/04/2018