Georgia State Tax on Lottery Winnings

Free Georgia lottery tax calculator for Powerball and Mega Millions. Georgia taxes lottery winnings at 4.99% (top marginal rate).

Current Powerball $786M jackpot, single filer

$198.21M

Actual take-home: 25.2% of what they advertise

Note: Georgia reduced its flat income tax rate to 4.99% for 2026

The Best Lottery Tax Calculator

What you'd actually take home.

Lottery tax calculator for Powerball, Mega Millions, and every state.

Lotteries advertise the jackpot, never the after-tax cash, so pick your game, state, and filing status to see what you'd really keep after federal and state taxes.

Advertised jackpot29-yr annuity
$786M
Marketed as $786,000,000.
Almost nobody takes the annuity, and even if you did, the tax math barely changes.
What you actually keepafter taxes
$198,206,203
Lump-sum, in Georgia · Single
25.2% kept · 74.8% taken by the government
StateGeorgia
GamePowerball
Filing statusSingle
Single

Standard deduction: $16,100. All lottery income is taxed at your individual rate. This is the most common filing status for winners.

$44,363,957 surprise tax bill due next April. The IRS only withholds 24% upfront, but lottery wins push you into the top 37% bracket. The difference comes out of your pocket when you file, and most winners never see it coming.
You keep 25.2% · $198.2MTaken 74.8% · $143.4M
Cash option
43%
$341.6M lump sum
Federal effective
37.0%
$126.3M owed
Georgia tax
4.99%
$17.0M owed
Total taken
74.8%
$143.4M
Jackpot odds
1 in 292M
Per single ticket
Next draw
Aug 5
Mon · Wed · Sat
Step 01 · Itemized breakdown

From advertised to deposit, line by line.

Federal withholding hits first, then your full bracket math, then the state. Every row updates when you change the controls above. Sources are cited on each row.

Advertised jackpot
Paid as an annuity over 29 years. Fewer than 5% of winners pick this option.Lottery commission
$786,000,000
Lump-sum cash (43%)
The cash value of the annuity, paid as a single check on day one.Lottery cash option
$341,600,000
Federal withholding (24%)
The IRS takes this off the top before you ever see the money.IRS Publication 525
−$81,984,000
Additional federal tax owed in April
Big lottery wins push you into the 37% top bracket. Your effective federal rate is 37.0%. Due April 15.IRS 2026 brackets
−$44,363,957
Georgia state tax (4.99%)
The top state rate applied to the full lump sum.State revenue department
−$17,045,840
What you actually take home
25.22% of the advertised jackpot.Net deposit
$198,206,203
Step 02 · The odds

Even winning is statistically a stretch.

Set 1 of 6

How unlikely is "unlikely"?

1 / 6
1 in 292M
Your odds of winning the Powerball jackpot on one ticket
Powerball.com
19,098×
More likely to be struck by lightning in your lifetime than to win
NOAA, lifetime risk
1 in 15,300
Lifetime odds of getting struck by lightning, which already feels unlikely
NOAA, National Weather Service
1 in 1,000,000
Odds of a lightning strike this year. Still 300 times easier than winning
NOAA, annual risk
Step 03 · 36 facts

The math most ticket buyers never see.

Eleven pages, three facts each. Every number comes from official odds, IRS 2026 brackets, FY2024 federal spending, and lottery cash-option ratios.

Page 1 of 12 · auto-advances every 15s

The wait

1 / 12
800,004 yrs
Of buying one ticket every day before you would statistically win
10,127 lifetimes
Of daily tickets to expect a win, at 79 years per human life
1 in 292.2M
Your exact odds. Every drawing is identical, no streaks
Step 04 · Browse by state

All 50 states + DC, ranked by lottery tax bite.

10 states · no lottery taxHighest: Hawaii, Massachusetts, Minnesota, New Jersey, New York, Oregon, Washington DC

Click any tile to see that state's full breakdown. Green = no state lottery tax. Red = top-bracket states.

Top marginal state lottery tax rates · 2026 · Source: state revenue departments + Tax Foundation

What to know before claiming a jackpot in Georgia

Georgia taxes lottery winnings at a flat 4.99% for 2026, a middle-of-the-pack rate, but the details that matter most to a jackpot winner are not about the rate. Georgia is one of the states that lets large winners stay private, and it runs on firm deadlines. You have 180 days to claim the prize, but only 60 days after you file that claim to lock in the cash option instead of the 30-year annuity. Use the period before filing to consult an attorney and a CPA. Once the claim is filed, the 60-day election period begins. File the written confidentiality request with the claim if privacy matters to you.

State tax rate (2026)
4.99% flat, withheld on winnings over $5,000
Deadline to claim
180 days from the draw date
Deadline to choose cash or annuity
60 days after you file the claim
Anonymity
Allowed for prizes of $250,000 or more, by written request
Where jackpots are claimed
A Georgia Lottery office (prizes over $600); $500,000 or more paid in 5 to 10 business days by direct deposit
What proceeds fund
The HOPE Scholarship and Georgia Pre-K programs

Sources: Georgia Dept. of Revenue (2026 rate) · Georgia Lottery: How to Claim · Georgia Lottery: Player FAQs · Georgia Lottery for Education Act

Georgia lottery winnings tax overview

The Georgia state tax on lottery winnings is 4.99%, a moderate rate near the middle of the 41 states that tax lottery payouts. Georgia ranks number 22 in that group. If you win a Powerball or Mega Millions prize in Georgia, the federal lottery tax of up to 37% applies on top of the state rate, and both reduce your lump sum cash option before the money ever reaches you. The Georgia lottery tax calculator above runs the full math for the current jackpot.

How the Georgia lottery payout calculator works

In Georgia, the lottery payout calculation begins with the lump sum cash option, which equals roughly 45% of the advertised jackpot. The IRS withholds 24% federal lottery tax at the moment of payout, but a Powerball or Mega Millions prize pushes the winner into the 37% top federal bracket, so additional federal tax comes due at filing. On top of that, Georgia taxes lottery winnings at 4.99% of the full lump sum. The lottery payout calculator above runs all of this math for you, using IRS 2026 brackets and the top marginal Georgia lottery tax rate. One Georgia specific detail to factor in: Georgia reduced its flat income tax rate to 4.99% for 2026.

How Georgia compares to other lottery tax states

Georgia's 4.99% lottery tax rate ranks number 22 out of 41 taxed states. States with a higher lottery tax rate than Georgia include Idaho and Alabama. States with a lower rate include Illinois and West Virginia. For context, 10 states collect no lottery tax at all, which means a Powerball or Mega Millions winner in one of those states keeps an extra 4.99% of their lump sum compared to a winner in Georgia.

Georgia lottery tax FAQs

What is the Georgia state tax on lottery winnings?

Georgia taxes lottery winnings at a top marginal rate of 4.99%. This rate applies to the lump sum cash option from any Powerball or Mega Millions prize, and it is paid in addition to the federal lottery tax of up to 37% at the highest bracket. The lottery tax calculator above shows the exact dollar amount for any current jackpot.

Should I take the lump sum or annuity in Georgia?

Most Powerball and Mega Millions winners choose the lump sum cash option. In Georgia, both options face the same 4.99% state lottery tax rate, but the annuity spreads the tax across 30 years while the lump sum delivers the full cash value now. The lottery payout calculator above shows the lump sum after taxes; the annuity choice is a separate financial decision based on personal goals and investment return assumptions.

Does Georgia withhold tax on a lottery payout before payment?

The IRS withholds 24% federal lottery tax on any lottery prize above $5,000 before the winner ever sees the check. Georgia also withholds state tax at or near the 4.99% top rate at the moment of payout. The remaining federal balance, up to the 37% top bracket, then comes due in April when the winner files a federal return.

Can you stay anonymous after winning the lottery in Georgia?

Yes, within limits. Under Georgia law (O.C.G.A. Section 50-27-25), a winner of a prize of $250,000 or more can request in writing that the Georgia Lottery keep their winner information confidential. Winners of smaller prizes do not have this protection. Any Powerball or Mega Millions jackpot is far above the threshold, so a jackpot winner can make the request when filing the claim.

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