How this calculator works
The lump sum is the cash value of the jackpot, taxed through the 2026 federal brackets plus your state rate. Lotteries withhold 24% at payout, so more is usually due at tax time. The annuity is 30 payments that rise 5% a year, each taxed in the year it's paid.
Worked example
With the example values below: Lump sum after tax, $13,970,000 (from a $24,000,000 cash payout). Change any number above to run your own.
What you enter
| Input | Example |
|---|---|
| Advertised jackpot | $50,000,000 |
| Cash value (% of jackpot) | 48% |
| Payout | Lump sum |
| Filing status | Single |
| State tax rate | 5% |
Grow what this calculator projects.
TruthSayer AI sends quantitative stock signals across valuations, earnings and dark-pool activity, each one traded in its own funded account first.
Estimates for planning only, not financial, tax or legal advice. Tax tools use 2026 federal figures (brackets, $16,100 / $32,200 standard deduction, $19,000 gift exclusion, $15M lifetime exemption). Rates shown as defaults are examples; replace them with quotes you actually receive.