LIVE PB $600M / cash $252.7M MM $413M / cash $170.3M upd Oct 17, 2026
2026 Federal • State • Local Schedules

What the jackpot actually pays you.

Pick a game, a state and your advisor fee. Every figure below recalculates as you type — cash-value option, 24% mandatory withholding, the top-up to the 37% federal rate, state and municipal tax, and the balance still owed at filing.

Your Inputs

Reset
01 Game advertised / cash
02 Residence where you claim
03 Advisor fee deducted pre‑tax
%

CPA, attorney and wealth-manager fees come out before tax is calculated, so they also shrink the taxable base. Leave blank to skip.

ℹ Assumptions

Cash (lump sum) option • 24% mandatory federal withholding at claim • top marginal rate 37% on the full amount • state and local rates from the live rate tables • figures as of Oct 17, 2026.

Your estimated take-home
$159,201,000
63.0% of the $252,700,000 cash value
37.0%
Effective
tax rate

Powerball • Cash Option

The prize
Advertised jackpot (30-yr annuity) $600,000,000
Cash value option42.1% of advertised $252,700,000
Federal
Withheld at claim24% mandatory IRS withholding −$60,648,000
Additional federal taxtop-up from 24% to the 37% bracket −$32,851,000
Total federal (37%) −$93,499,000
State & local
State taxselect a state to include it $0
Total taxes −$93,499,000
When the money moves
Check at claim
$192,052,000
After the 24% federal withholding is taken off the top.
Still owed at filing
−$32,851,000
Federal top-up plus state & local, due with your return.
Net to youafter all taxes and fees • cash option
$159,201,000

Link to this exact scenario:

Last 15 jackpot winners

407 on record • newest first
Draw Game Winning numbers Where Winner Advertised jackpot
Aug 12, 2026 Powerball
4 26 66 67 69 9
IL Illinois to be confirmed $1B cash $433.1M Run it
Jul 28, 2026 Mega M
34 48 49 59 70 12
FL Florida to be confirmed $803M cash $344.2M Run it
May 2, 2026 Powerball
25 37 42 52 65 14
FL Florida to be confirmed split 2 ways • Split jackpot $20M share of cash $4.5M Run it
May 2, 2026 Powerball
25 37 42 52 65 14
TX Texas not disclosed split 2 ways • Split jackpot $20M share of cash $4.5M Run it
Apr 29, 2026 Powerball
3 19 35 51 67 15
IN Indiana not disclosed split 2 ways • Split jackpot $143.4M share of cash $32.6M Run it
Apr 29, 2026 Powerball
3 19 35 51 67 15
KS Kansas not disclosed split 2 ways • Split jackpot $143.4M share of cash $32.6M Run it
Mar 17, 2026 Mega M
4 11 18 38 50 24
OH Ohio The Happy Trails Trust $60M cash $27.1M Run it
Mar 10, 2026 Mega M
16 21 30 35 65 7
IL Illinois not disclosed $536M cash $244.2M Run it
Mar 2, 2026 Powerball
2 17 18 38 62 20
AR Arkansas unclaimed Unclaimed $250.8M cash $118M Run it
Jan 21, 2026 Powerball
11 26 27 53 55 12
NC North Carolina not disclosed $209.3M cash $95.3M Run it
Dec 24, 2025 Powerball
4 25 31 52 59 19
AR Arkansas not disclosed Record-breaking $1.82B cash $834.9M Run it
Dec 2, 2025 Mega M
17 25 26 53 60 16
NJ New Jersey not disclosed $90M cash $41.9M Run it
Nov 14, 2025 Mega M
1 8 11 12 57 7
GA Georgia not disclosed $983M cash $452.2M Run it
Sep 6, 2025 Powerball
11 23 44 61 62 17
TX Texas Seven Bridges Revocable Trust split 2 ways • Split jackpot $1.79B share of cash $410.3M Run it
Sep 6, 2025 Powerball
11 23 44 61 62 17
MO Missouri not disclosed split 2 ways • Split jackpot $1.79B share of cash $410.3M Run it

Amounts are the advertised annuity for the whole draw. “Run it” loads that draw's cash value — divided by the number of winners where the jackpot was split — into the calculator above, at the winner's home-state rates.

Recent drawings

Latest 8 results
Mega Millions Fri Oct 16, 2026
215314168 11
jackpot $403M cash $162.1M
No winner — rolled over
Powerball Wed Oct 14, 2026
334374246 20
jackpot $566M cash $231.9M
No winner — rolled over
Mega Millions Tue Oct 13, 2026
1112154066 17
jackpot $385M cash $154.8M
No winner — rolled over
Powerball Mon Oct 12, 2026
2228385169 9
jackpot $541M cash $221.7M
No winner — rolled over
Powerball Sat Oct 10, 2026
14193351 15
jackpot $519M cash $212.9M
No winner — rolled over
Mega Millions Fri Oct 9, 2026
27166370 8
jackpot $364M cash $147.3M
No winner — rolled over
Powerball Wed Oct 7, 2026
1113142165 19
jackpot $485M cash $199.7M
No winner — rolled over
Mega Millions Tue Oct 6, 2026
2632425154 22
jackpot $345M cash $139.6M
No winner — rolled over
Estimates only. The 37% top federal marginal rate is applied to the whole prize, which is how a jackpot-sized win behaves in practice; smaller wins fall into lower brackets. State and local figures use published 2026 schedules and ignore deductions, credits and filing status. Advisor fees are treated as paid before the claim. Real withholding varies by state lottery. Talk to a CPA and a tax attorney before you sign the back of the ticket.
Take-home
$159,201,000
37.0% tax
$252,700,000 cash