PBPowerballTax
Live Powerball dashboard

Live Powerball Jackpot and After-Tax Snapshot

See the latest Powerball numbers, current cash value, and estimated take-home by state. Open the Powerball tax calculator for a custom payout estimate.

Updated: Jun 25, 2026, 12:17 AM
Advertised jackpot$327M
Jackpot winnersNone
Match 5 + Power Play ($2M)None
Match 5 ($1M)None

Next draw

Jun 27, 2026, 10:59 PM

Estimated jackpot
$348M
Cash value
$157.5M
00
d
11
h
40
m
07
s

Live jackpot snapshot

Today's $348M Powerball: take-home gap by state

The homepage answers the first-click question: if the jackpot hits now, which states keep the most cash and which states take the biggest bite.

Open full calculator

Simple estimate using the official cash value from the live data source; residency credits and local taxes are not modeled.

Best take-home
$99.3M

Alaska (AK)

Lowest take-home
$82.0M

Hawaii (HI)

State gap
$17.3M

AK vs HI

Best states to win today

  1. 1

    Alaska (AK)

    State tax: 0%

    $99.3M

    Net

  2. 2

    California (CA)

    State tax: 0%

    $99.3M

    Net

  3. 3

    Florida (FL)

    State tax: 0%

    $99.3M

    Net

  4. 4

    Nevada (NV)

    State tax: 0%

    $99.3M

    Net

  5. 5

    New Hampshire (NH)

    State tax: 0%

    $99.3M

    Net

Highest-tax states today

  1. 1

    Hawaii (HI)

    State tax: 11%

    $82.0M

    Net

  2. 2

    New York (NY)

    State tax: 10.9%

    $82.1M

    Net

  3. 3

    New Jersey (NJ)

    State tax: 10.75%

    $82.4M

    Net

  4. 4

    Oregon (OR)

    State tax: 9.9%

    $83.7M

    Net

  5. 5

    Minnesota (MN)

    State tax: 9.85%

    $83.8M

    Net

Data Sources & Methodology

All tax calculations on PowerballTax.com are based on publicly available IRS publications and official Powerball rules for the 2026 tax year. Federal withholding uses the 24% rate mandated by IRC §3402(q); the top-bracket adjustment reflects the 37% marginal rate above the single-filer threshold of $640,600 (IRS Rev. Proc. 2025-11). State rates are sourced from individual state lottery commission disclosures and cross-verified against Tax Foundation data.

Last verified: June 2026Rates reflect IRS 2026 tax year schedules. State rates reviewed quarterly.

Disclaimer: Results produced by this calculator are estimates for educational purposes only and do not constitute professional tax, legal, or financial advice. Individual circumstances — including filing status, residency, deductions, and local taxes — may materially affect actual tax liability. Always consult a qualified CPA or tax attorney before making financial decisions based on lottery winnings.

Save your lucky numbers

Save your go-to numbers once and we'll check them against every new draw automatically — no more comparing by hand.

Save my numbers

How the estimate works

The homepage keeps the crawlable tax explanation visible while grouping each assumption by the question it answers.

Last updated:

What is the Powerball Tax Calculator?

The Powerball Tax Calculator is a free, bilingual web tool that estimates the after-tax jackpot of any U.S. Powerball prize. It applies 24% federal withholding, an additional federal top-bracket adjustment above the $640,600 (2026) threshold, and the headline state lottery tax rate for all 50 states. Results appear live as you type.

How federal tax works on a Powerball win

Federal tax is applied in two layers. The lottery withholds a flat 24% at the claim centre for any prize over $5,000. The remaining ~13% needed to reach the 37% top marginal bracket is owed on April 15 of the following year. For a $1B advertised jackpot taken as cash ($600M gross), that combined federal bill is roughly $222M.

How state tax works on a Powerball win

State tax is applied by the state that sold the ticket. Nine states — California, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming — do not tax Powerball winnings at all. New York is the highest at 10.9%, with a 3.876% New York City add-on on top.

When to open the full calculator

Use the homepage snapshot for the current jackpot story, then open the full calculator when you want to change the jackpot, choose a specific state, compare cash lump sum against 30-year annuity, or share an exact payout link. Chinese users also see a live USD → CNY estimate on the calculator page.

Recent 10 draws

Tip: click any draw date below to see that night's winning numbers and an after-tax take-home calculation.

Draw dateNumbersJackpotCash valueVideo
Jun 24, 2026, 10:59 PM1314162138142x$327M$141.6M
Jun 22, 2026, 10:59 PM1719214548132x$312M$141.6M
Jun 20, 2026, 10:59 PM1620444850152x$302M$135.8M
Jun 17, 2026, 10:59 PM326495361122x$302M$126.7M
Jun 15, 2026, 10:59 PM2555576062232x$283M$120.5M
Jun 13, 2026, 10:59 PM31344505324x$269M$115M
Jun 10, 2026, 10:59 PM1231386066142x$258M$106.5M
Jun 8, 2026, 10:59 PM324344349203x$238M$100.4M
Jun 6, 2026, 10:59 PM163255596433x$225M$95M
Jun 3, 2026, 10:59 PM1416385564123x$212M$86.8M

Frequently asked questions

What is the Powerball Tax Calculator?

The Powerball Tax Calculator is a free bilingual web tool that estimates the after-tax jackpot of any U.S. Powerball prize. It applies 24% federal withholding, an additional top-bracket federal adjustment above the $640,600 (2026 single) threshold, and the headline state lottery tax rate for all 50 states plus DC. Results update live as you type and can be shared via URL.

How much does a Powerball winner actually take home?

A U.S. jackpot winner pays a 24% federal withholding at source plus an additional federal tax that pushes the top-bracket rate to roughly 37%. State tax ranges from 0% (California, Florida, Texas, Washington) to 10.9% (New York), so take-home on a $1B advertised prize is typically $300M–$380M in lump-sum cash.

Is the Powerball Tax Calculator free?

Yes. PowerballTax.com is a free educational calculator with no signup, paywall, or ads targeting personal identifiers. All computations happen in your browser; we do not store the numbers you enter.

Does the calculator include the lump sum (cash) option?

Yes. The calculator estimates cash value at 60% of the advertised annuity jackpot, then applies federal withholding, estimated top-bracket federal tax, and state tax. Switch between "Cash lump sum" and "30-year annuity" to compare side by side.

Which U.S. states do not tax Powerball winnings?

California, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming do not tax Powerball winnings at the state level. Alaska, Alabama (no state lottery), and a few others also have no state income tax. Federal tax still applies everywhere.

How fresh is the Powerball data shown on this page?

Live winning numbers, jackpot, cash value, and next draw date refresh automatically after every scheduled Powerball draw night via a Vercel cron. State tax rates are reviewed quarterly against the Tax Foundation and state lottery disclosures.