PBPowerballTax

By advertised jackpot

$800 Million Powerball After Taxes

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A $800 million jackpot triggers media frenzy and ticket-sales surges. Here is the state-by-state after-tax math.

$800 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%$302.5M$506.5M
2California (CA)0%$302.5M$506.5M
3Florida (FL)0%$302.5M$506.5M
4Nevada (NV)0%$302.5M$506.5M
5New Hampshire (NH)0%$302.5M$506.5M
6South Dakota (SD)0%$302.5M$506.5M
7Tennessee (TN)0%$302.5M$506.5M
8Texas (TX)0%$302.5M$506.5M
9Washington (WA)0%$302.5M$506.5M
10Wyoming (WY)0%$302.5M$506.5M
11Arizona (AZ)2.5%$290.5M$486.5M
12North Dakota (ND)2.5%$290.5M$486.5M
13Pennsylvania (PA)3.07%$287.7M$481.9M
14Indiana (IN)3.15%$287.4M$481.3M
15Ohio (OH)3.5%$285.7M$478.5M
16Iowa (IA)3.8%$284.2M$476.1M
17Kentucky (KY)4%$283.3M$474.5M
18Mississippi (MS)4%$283.3M$474.5M
19Louisiana (LA)4.25%$282.1M$472.5M
20Michigan (MI)4.25%$282.1M$472.5M
21North Carolina (NC)4.25%$282.1M$472.5M
22Arkansas (AR)4.4%$281.4M$471.3M
23Colorado (CO)4.4%$281.4M$471.3M
24Utah (UT)4.65%$280.2M$469.3M
25Oklahoma (OK)4.75%$279.7M$468.5M
26Missouri (MO)4.8%$279.4M$468.1M
27West Virginia (WV)4.82%$279.3M$467.9M
28Illinois (IL)4.95%$278.7M$466.9M
29Georgia (GA)4.99%$278.5M$466.6M
30Alabama (AL)5%$278.5M$466.5M
31Massachusetts (MA)5%$278.5M$466.5M
32Kansas (KS)5.2%$277.5M$464.9M
33Nebraska (NE)5.2%$277.5M$464.9M
34South Carolina (SC)5.21%$277.5M$464.8M
35Virginia (VA)5.75%$274.9M$460.5M
36Idaho (ID)5.8%$274.6M$460.1M
37Montana (MT)5.9%$274.2M$459.3M
38New Mexico (NM)5.9%$274.2M$459.3M
39Rhode Island (RI)5.99%$273.7M$458.6M
40Delaware (DE)6.6%$270.8M$453.7M
41Connecticut (CT)6.99%$268.9M$450.6M
42Maine (ME)7.15%$268.2M$449.3M
43Wisconsin (WI)7.65%$265.8M$445.3M
44Maryland (MD)8.75%$260.5M$436.5M
45Vermont (VT)8.75%$260.5M$436.5M
46Minnesota (MN)9.85%$255.2M$427.7M
47Oregon (OR)9.9%$255.0M$427.3M
48New Jersey (NJ)10.75%$250.9M$420.5M
49New York (NY)10.9%$250.2M$419.3M
50Hawaii (HI)11%$249.7M$418.5M

Frequently asked questions

Which state gets the largest $800 Million Powerball take-home?

For a $800 Million advertised jackpot taken as cash, the top take-home state is Alaska at roughly $302,483,278; the worst is Hawaii at $249,683,278. The gap is $52,800,000.

What's the effective tax rate on a $800 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), $800 Million cash in the best state nets about $302,483,278 — an effective rate of roughly 36.98%.

How much more does annuity pay vs cash for $800 Million?

Annuity pays the full advertised jackpot over 30 graduated instalments. For $800 Million, the best state would net about $506,498,340 across the 30 years versus $302,483,278 taken as cash today — a meaningful gap if you can avoid the lump sum.