PBPowerballTax

By advertised jackpot

$100 Million Powerball After Taxes

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A $100 million Powerball jackpot is below the headline threshold — but still life-changing. Here is what every state takes home, lump sum and annuity.

$100 Million cash lump sum — 50 states ranked

Sorted by cash take-home, descending. Click a state to open its dedicated page.

#StateRateCash take-homeAnnuity total
1Alaska (AK)0%$37.9M$65.5M
2California (CA)0%$37.9M$65.5M
3Florida (FL)0%$37.9M$65.5M
4Nevada (NV)0%$37.9M$65.5M
5New Hampshire (NH)0%$37.9M$65.5M
6South Dakota (SD)0%$37.9M$65.5M
7Tennessee (TN)0%$37.9M$65.5M
8Texas (TX)0%$37.9M$65.5M
9Washington (WA)0%$37.9M$65.5M
10Wyoming (WY)0%$37.9M$65.5M
11Arizona (AZ)2.5%$36.4M$63.0M
12North Dakota (ND)2.5%$36.4M$63.0M
13Pennsylvania (PA)3.07%$36.0M$62.4M
14Indiana (IN)3.15%$36.0M$62.3M
15Ohio (OH)3.5%$35.8M$62.0M
16Iowa (IA)3.8%$35.6M$61.7M
17Kentucky (KY)4%$35.5M$61.5M
18Mississippi (MS)4%$35.5M$61.5M
19Louisiana (LA)4.25%$35.3M$61.2M
20Michigan (MI)4.25%$35.3M$61.2M
21North Carolina (NC)4.25%$35.3M$61.2M
22Arkansas (AR)4.4%$35.2M$61.1M
23Colorado (CO)4.4%$35.2M$61.1M
24Utah (UT)4.65%$35.1M$60.8M
25Oklahoma (OK)4.75%$35.0M$60.7M
26Missouri (MO)4.8%$35.0M$60.7M
27West Virginia (WV)4.82%$35.0M$60.7M
28Illinois (IL)4.95%$34.9M$60.5M
29Georgia (GA)4.99%$34.9M$60.5M
30Alabama (AL)5%$34.9M$60.5M
31Massachusetts (MA)5%$34.9M$60.5M
32Kansas (KS)5.2%$34.8M$60.3M
33Nebraska (NE)5.2%$34.8M$60.3M
34South Carolina (SC)5.21%$34.8M$60.3M
35Virginia (VA)5.75%$34.4M$59.7M
36Idaho (ID)5.8%$34.4M$59.7M
37Montana (MT)5.9%$34.3M$59.6M
38New Mexico (NM)5.9%$34.3M$59.6M
39Rhode Island (RI)5.99%$34.3M$59.5M
40Delaware (DE)6.6%$33.9M$58.9M
41Connecticut (CT)6.99%$33.7M$58.5M
42Maine (ME)7.15%$33.6M$58.3M
43Wisconsin (WI)7.65%$33.3M$57.8M
44Maryland (MD)8.75%$32.6M$56.7M
45Vermont (VT)8.75%$32.6M$56.7M
46Minnesota (MN)9.85%$32.0M$55.6M
47Oregon (OR)9.9%$31.9M$55.6M
48New Jersey (NJ)10.75%$31.4M$54.7M
49New York (NY)10.9%$31.3M$54.6M
50Hawaii (HI)11%$31.3M$54.5M

Frequently asked questions

Which state gets the largest $100 Million Powerball take-home?

For a $100 Million advertised jackpot taken as cash, the top take-home state is Alaska at roughly $37,883,278; the worst is Hawaii at $31,283,278. The gap is $6,600,000.

What's the effective tax rate on a $100 Million cash payout?

Using this site's assumptions (cash = 60% of advertised, 24% federal withholding, ~13% top-bracket adjustment above $640,600, plus state tax), $100 Million cash in the best state nets about $37,883,278 — an effective rate of roughly 36.86%.

How much more does annuity pay vs cash for $100 Million?

Annuity pays the full advertised jackpot over 30 graduated instalments. For $100 Million, the best state would net about $65,498,340 across the 30 years versus $37,883,278 taken as cash today — a meaningful gap if you can avoid the lump sum.