By advertised jackpot

$200 Million Powerball After Taxes

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A $200 million jackpot puts the cash option around $120 million pre-tax. State-by-state take-home, with the highest- and lowest-rate states ranked.

$200 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%$75.7M$126.1M
2California (CA)0%$75.7M$126.1M
3Florida (FL)0%$75.7M$126.1M
4Nevada (NV)0%$75.7M$126.1M
5New Hampshire (NH)0%$75.7M$126.1M
6South Dakota (SD)0%$75.7M$126.1M
7Tennessee (TN)0%$75.7M$126.1M
8Texas (TX)0%$75.7M$126.1M
9Washington (WA)0%$75.7M$126.1M
10Wyoming (WY)0%$75.7M$126.1M
11Arizona (AZ)2.5%$72.7M$121.1M
12North Dakota (ND)2.5%$72.7M$121.1M
13Pennsylvania (PA)3.07%$72.0M$119.9M
14Indiana (IN)3.15%$71.9M$119.8M
15Ohio (OH)3.5%$71.5M$119.1M
16Iowa (IA)3.8%$71.1M$118.5M
17Kentucky (KY)4%$70.9M$118.1M
18Louisiana (LA)4.25%$70.6M$117.6M
19Michigan (MI)4.25%$70.6M$117.6M
20North Carolina (NC)4.25%$70.6M$117.6M
21Arkansas (AR)4.4%$70.4M$117.3M
22Colorado (CO)4.4%$70.4M$117.3M
23Utah (UT)4.65%$70.1M$116.8M
24Mississippi (MS)4.7%$70.0M$116.7M
25Oklahoma (OK)4.75%$70.0M$116.6M
26Missouri (MO)4.8%$69.9M$116.5M
27West Virginia (WV)4.82%$69.9M$116.4M
28Illinois (IL)4.95%$69.7M$116.2M
29Alabama (AL)5%$69.7M$116.1M
30Massachusetts (MA)5%$69.7M$116.1M
31Kansas (KS)5.2%$69.4M$115.7M
32Nebraska (NE)5.2%$69.4M$115.7M
33Georgia (GA)5.49%$69.1M$115.1M
34Virginia (VA)5.75%$68.8M$114.6M
35Idaho (ID)5.8%$68.7M$114.5M
36Montana (MT)5.9%$68.6M$114.3M
37New Mexico (NM)5.9%$68.6M$114.3M
38Rhode Island (RI)5.99%$68.5M$114.1M
39South Carolina (SC)6.2%$68.2M$113.7M
40Delaware (DE)6.6%$67.8M$112.9M
41Connecticut (CT)6.99%$67.3M$112.1M
42Maine (ME)7.15%$67.1M$111.8M
43Wisconsin (WI)7.65%$66.5M$110.8M
44Maryland (MD)8.75%$65.2M$108.6M
45Vermont (VT)8.75%$65.2M$108.6M
46Minnesota (MN)9.85%$63.9M$106.4M
47Oregon (OR)9.9%$63.8M$106.3M
48New Jersey (NJ)10.75%$62.8M$104.6M
49New York (NY)10.9%$62.6M$104.3M
50Hawaii (HI)11%$62.5M$104.1M

Frequently asked questions

Which state gets the largest $200 Million Powerball take-home?

For a $200 Million advertised jackpot taken as cash, the top take-home state is Alaska at roughly $75,683,278; the worst is Hawaii at $62,483,278. The gap is $13,200,000.

What's the effective tax rate on a $200 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), $200 Million cash in the best state nets about $75,683,278 — an effective rate of roughly 36.93%.

How much more does annuity pay vs cash for $200 Million?

Annuity pays the full advertised jackpot over 30 graduated instalments. For $200 Million, the best state would net about $126,083,278 across the 30 years versus $75,683,278 taken as cash today — a meaningful gap if you can avoid the lump sum.