Lottery Winnings Tax Calculator
Estimate your net payout after federal and state taxes
Enter the total prize amount before taxes
24%
Typically 24% for lottery winnings, but can be up to 37%
0%
Varies by state (0% to 13.3%)
Affects federal tax brackets for annuity payments
Your Estimated Net Winnings
Gross Prize
$0
Federal Taxes
$0
0%
State Taxes
$0
0%
Total Taxes
$0
0%
Net Winnings
$0
100%
Tax Breakdown
Federal Tax
State Tax
Net Winnings
Disclaimer: This calculator provides estimates only. Actual tax liability may vary based on your individual circumstances, deductions, and other factors. Consult with a tax professional for accurate advice.
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