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EntryNo. 000000
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Powerball
Odds of jackpot — 1 in 292,201,338
Advertised jackpot—
Cash (lump sum) value—
Federal tax—
State tax—
Local tax—
Net take-home—
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Figures as of— — jackpots change every drawing; verify the current one at the official lottery site before you get your hopes up.
Sources. Jackpot and cash-value figures come from our live data feed where connected, otherwise from a recent snapshot. Odds are the published overall odds of matching all numbers for the jackpot tier. Federal brackets follow the IRS's current top marginal rate; state and select city rates follow each jurisdiction's revenue department.
Method. Tax is calculated on the lump-sum cash value, not the advertised annuity jackpot, using each jurisdiction's highest marginal rate — the rate a prize this size will land in. It does not model deductions, credits, filing status, or the Net Investment Income (Medicare) surtax, which applies to investment income and not to lottery winnings.
Not tax advice. This is a general estimate, not a substitute for professional tax or financial advice. Your actual liability depends on your full financial picture. Consult a licensed accountant or tax advisor before making any decision based on these numbers.