PBPowerballTax

3.50% state lottery tax

Ohio Powerball Tax Calculator

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Ohio applies a 3.50% state lottery tax — among the lowest in the country. A winner in Ohio keeps a noticeably larger share of the prize than peers in 9.85%+ states like Minnesota, Oregon, or New York.

Note: 3.50% top rate

Ohio after-tax take-home by jackpot tier

24% federal withholding + top-bracket adjustment + state tax. Cash lump sum estimated at 60% of advertised jackpot.

AdvertisedCash take-homeCash effectiveAnnuity take-home
$100M$35.8M40.36%$59.6M
$300M$107.2M40.45%$178.6M
$500M$178.6M40.47%$297.6M
$700M$250.0M40.48%$416.6M
$1B$357.1M40.49%$595.1M
$1.5B$535.6M40.49%$892.6M
$2B$714.1M40.49%$1.2B

Ohio vs neighboring states ($1B cash)

StateRateCash take-home
Ohio (OH)3.5%$357.1M
Michigan (MI)4.25%$352.6M
Indiana (IN)3.15%$359.2M
Pennsylvania (PA)3.07%$359.7M

Frequently asked questions

Does Ohio tax Powerball winnings?

Ohio taxes Powerball winnings at 3.50%. Note: 3.50% top rate.

How much does a $1 billion Powerball winner take home in Ohio?

On a $1 billion advertised jackpot taken as cash (gross $600,000,000), a Ohio winner keeps approximately $357,083,278 after taxes — an effective rate of about 40.49%.

Can I avoid Ohio lottery tax by moving states before claiming?

No. State lottery tax is determined by the state where the ticket was sold, not the winner's residence. A ticket bought in Ohio is taxed at Ohio's 3.50% rate; the winner's home state may credit or assess additional tax at filing.

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