New York State Tax on Lottery Winnings
Free New York lottery tax calculator for Powerball and Mega Millions. New York taxes lottery winnings at 10.90% (top marginal rate).
Current Powerball $516M jackpot, single filer
$110.81M
Actual take-home: 21.5% of what they advertise
Note: NYC residents owe ~3.88% additional city tax
What You'd Actually Take Home.
Lottery Tax Calculator for Powerball, Mega Millions, and Every State.
Pick your game, state, and filing status to see what you'd really keep after taxes.
Standard deduction: $16,100. All lottery income is taxed at your individual rate. This is the most common filing status for winners.
Know What a Big Lottery Jackpot Is Really Worth.
The jackpot is $516M right now. Get occasional jackpot updates showing the advertised prize, estimated lump-sum cash value, and estimated take-home after federal and state taxes.
Free to join. No spam. Unsubscribe anytime. We never sell your email.
From Advertised to Deposit, Line by Line.
Every row updates as you change the controls above. Sources cited inline.
Browse by stateAll 50 States + DC, Ranked by Lottery Tax Bite.
10 states · no lottery taxHighest: Hawaii, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New York, Oregon, Washington DC
All 50 States + DC, Ranked by Lottery Tax Bite.
Click any tile to see that state's full breakdown. Green = no state lottery tax. Red = top-bracket states.
What to Know Before Claiming a Jackpot in New York
New York has the highest state lottery tax rate in the country, 10.9% at the top bracket, and a New York City resident owes roughly another 3.88% in city tax on top of that. Winners are generally expected to participate in a public announcement, and the New York Lottery's own published winner records show that privacy is not automatic. Some winners have claimed jackpots through a trust instead of an individual name, a method the Lottery has accepted and listed on its own winners page, though it is not a guaranteed right to anonymity. You have one year to claim the prize.
- State tax rate (2026)
- 10.9% top rate. New York City residents owe roughly an additional 3.88% in city tax
- Deadline to claim
- One year from the draw date
- Anonymity
- Not guaranteed. Winners are generally expected to take part in a public announcement, though the Lottery has accepted claims filed under a trust name instead of an individual
- What proceeds fund
- New York public education, distributed to school districts by the same formula used for other state education aid
Sources: New York State Dept. of Taxation and Finance: Withholding Tax Tables · New York Lottery: How to Claim a Prize · New York Lottery: Aid to Education · New York Lottery: Winners
New York Lottery Winnings Tax Overview
The New York state tax on lottery winnings is 10.9%, one of the heaviest lottery tax rates in the country. This top marginal rate ranks number 2 out of 41 states that levy a lottery tax. A Powerball or Mega Millions winner in New York loses a larger share of the advertised jackpot to the state tax line than residents of most other places, before the federal lottery tax of up to 37% even applies. The New York lottery tax calculator above shows the exact take home for any current jackpot.
How the New York Lottery Payout Calculator Works
In New York, 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, New York taxes lottery winnings at 10.9% 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 New York lottery tax rate. One New York specific detail to factor in: NYC residents owe ~3.88% additional city tax.
How New York Compares to Other Lottery Tax States
New York's 10.9% lottery tax rate ranks number 2 out of 41 taxed states. States with a higher lottery tax rate than New York include Hawaii. States with a lower rate include New Jersey and Washington DC. 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 10.9% of their lump sum compared to a winner in New York.
New York Lottery Tax FAQs
What is the New York state tax on lottery winnings?
New York taxes lottery winnings at a top marginal rate of 10.9%. 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 New York?
Most Powerball and Mega Millions winners choose the lump sum cash option. In New York, both options face the same 10.9% 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 New York 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. New York also withholds state tax at or near the 10.9% 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 if you win the lottery in New York?
Not automatically. New York Lottery winners are generally expected to take part in a public announcement. Some winners have instead claimed their prize through a trust rather than an individual name, and the Lottery has accepted and published these claims on its own winners page, but this is a practical workaround rather than a guaranteed statutory right to anonymity.