GLOBAL LOTTERY TAX TOOL

Powerball tax calculator

Estimate the prize paid after the rules applied where the ticket was purchased.

ESTIMATE, NOT TAX ADVICE

Powerball take-home prize estimator

Choose a lottery and ticket jurisdiction, then estimate tax withheld at payout.

Applied tax ruleRate at payout 24%
Estimated take-home amount$3,648,000

Estimated payout basis$4,800,000

Estimated tax withheld-$1,152,000

United States — resident
24% is regular federal withholding, not necessarily final federal tax. Select the ticket jurisdiction for a verified state preset or enter its rate manually.
State and local lottery withholding varies. Confirm the selling lottery's current rule before entering a rate.

This estimates tax at payout, not every final tax consequence. Tax residence, treaties, shared tickets and later investment income can change the result.
Rules reviewed 28 Aug 2026

IRS W-2G instructions