Mega Millions
Mega Millions tax calculator for Pennsylvania
Pennsylvania generally does not tax prizes from its own lottery (the flat income tax is about 3.07%, which can apply to out-of-state prizes). Use the calculator to see roughly what is left of a Mega Millions jackpot after federal tax, as a lump sum or as 30 yearly payments.
This site does not guarantee winning. Lottery draws are random and past results do not predict future results. Every chart here describes the past. It cannot raise your chances of winning.
Rough tax estimate
Very approximate and for fun only. It uses a flat 24% federal withholding and a flat 37% top federal rate, plus a simple state rate. Real taxes depend on your other income, filing status, deductions and where you live or bought the ticket. This is not tax advice.
If you take the lump sum
- Cash prize
- $50,000,000
- Federal withholding at payout (24%)
- -$12,000,000
- Estimated total federal tax (about 37%)
- -$18,500,000
- …still owed at tax time after withholding
- $6,500,000
- Estimated state tax (0.00%)
- -$0
- Rough take-home
- $31,500,000
That is about 32% of the advertised jackpot. Real jackpots are also split when several tickets win.
What a Mega Millions jackpot could look like in Pennsylvania
Advertised jackpot $100,000,000
- Cash value
- $50,000,000
- Federal tax
- -$18,500,000
- Pennsylvania tax
- $0
- Rough take-home
- $31,500,000
Advertised jackpot $250,000,000
- Cash value
- $125,000,000
- Federal tax
- -$46,250,000
- Pennsylvania tax
- $0
- Rough take-home
- $78,750,000
Advertised jackpot $500,000,000
- Cash value
- $250,000,000
- Federal tax
- -$92,500,000
- Pennsylvania tax
- $0
- Rough take-home
- $157,500,000
Advertised jackpot $1,000,000,000
- Cash value
- $500,000,000
- Federal tax
- -$185,000,000
- Pennsylvania tax
- $0
- Rough take-home
- $315,000,000
| Advertised jackpot | Cash value | Federal tax | Pennsylvania tax | Rough take-home |
|---|---|---|---|---|
| $100,000,000 | $50,000,000 | -$18,500,000 | $0 | $31,500,000 |
| $250,000,000 | $125,000,000 | -$46,250,000 | $0 | $78,750,000 |
| $500,000,000 | $250,000,000 | -$92,500,000 | $0 | $157,500,000 |
| $1,000,000,000 | $500,000,000 | -$185,000,000 | $0 | $315,000,000 |
Lump sum assumed to be 50% of the advertised jackpot. Rough figures with a flat 37% federal rate; not tax advice.
Good to know
- Federal tax applies in every state. Lottery prizes above $5,000 have 24% withheld at payout, and a top-bracket winner usually owes more when filing.
- State rules depend on where the ticket was bought and where you live. They change, so check the Pennsylvania lottery or revenue department before relying on any figure.
- Jackpots are split when several tickets win, and the cash option is much smaller than the advertised annuity amount.
Other states: Texas, Florida, Washington, Tennessee, New Hampshire, South Dakota, Wyoming, California, New York, New Jersey, Illinois, Arizona, Colorado, Connecticut, Wisconsin, Missouri, Kentucky