New York (NY) Lottery
Tax & Payout Calculator
New York taxes lottery winnings at up to 10.9%, and federal income tax applies too. 24% federal and 10.9% state tax are withheld from prizes over $5,000. Taken as cash, the next $538 million Powerball jackpot leaves a New York winner about $115 million.
Does New York Tax Lottery Winnings?
Yes, up to 10.9%. Federal tax applies too: 24% federal and 10.9% state tax are withheld from prizes over $5,000.
New York Powerball & Mega Millions Jackpots After Taxes
What each jackpot leaves after federal and New York tax, as one cash payment or paid yearly.
- Jackpot
- $538M
- Cash value
- $220.6M
- Federal + state tax
- $105.6M
- You keep
- About $115M

Powerball
- Jackpot
- $385M
- Cash value
- $154.8M
- Federal + state tax
- $74.1M
- You keep
- About $80.7M

Mega Millions
- Jackpot
- $10.2M
- Cash value
- $4.9M
- Federal + state tax
- $2.3M
- You keep
- About $2.6M

New York Lotto
- Jackpot
- $538M
- Paid yearly
- $8.1M to $33.3M a year30 payments, each 5% larger
- Federal + state tax
- $256.2MOver 30 years
- You keep
- About $281.8MOver 30 years

Powerball
- Jackpot
- $385M
- Paid yearly
- $5.8M to $23.9M a year30 payments, each 5% larger
- Federal + state tax
- $182.9MOver 30 years
- You keep
- About $202.1MOver 30 years

Mega Millions
- Jackpot
- $10.2M
- Paid yearly
- $408,000 a year25 equal payments
- Federal + state tax
- $3.6MWithheld
- You keep
- $6.6MAfter withholding

New York Lotto
Federal tax at the 2026 rates for a single filer with no other income and New York's 10.9% tax.
Each payment is taxed in the year it's paid, at the 2026 rates and New York's 10.9% tax. Payments under $640,600 a year show what's withheld; the rest of their tax depends on the winner's other income.
For $50K to $5M+ jackpots on the best New York scratch-offs. ScratchOdds ranks all 67 by today's odds.
For $50K to $5M+ jackpots on the best New York scratch-offs.

For $50K to $5M+ jackpots on the best New York scratch-offs. ScratchOdds ranks all 67 by today's odds.
For $50K to $5M+ jackpots on the best New York scratch-offs.

New York Lottery Tax Calculator
Type your prize to see what's withheld when it's paid and what you're handed.
| Prize | Withheld at claim | Paid to you |
|---|---|---|
| $1,000 | Nothing | $1,000 |
| $5,000 | Nothing | $5,000 |
| $10,000 | $3,490 | $6,510 |
| $50,000 | $17,450 | $32,550 |
| $100,000 | $34,900 | $65,100 |
| $1,000,000 | $349,000 | $651,000 |
Every prize is taxable income. From $2,000 the lottery reports it to the IRS, and your final federal tax depends on your income, from 10% to 37%.
Good to Know
New York tax on winnings
Up to 10.9%
Withheld when you're paid
24% federal + 10.9% state over $5,000
Without a Social Security number
24% withheld
Not a U.S. citizen or resident
30% withheld
Top federal rate
37% over $640,600
Reported to the IRS
Prizes of $2,000 or more
Cash or annuity
Choose within 60 days of claiming the prize
Graduated state tax
New York City and Yonkers
Reviewed by Bishop Woosley, former Director of the Arkansas Scholarship Lottery and NASPL President.

You can't change the lottery's odds.
You can pick better scratch-offs.
The best New York scratch-offs right now have up to x385 better jackpot odds for $50K to $5M+ jackpots.
Every New York scratch-off ranked by today's odds
The best tickets for your budget and the prize you want
A free app, built on official New York Lottery data

More New York Lottery Help
What each game pays, the best scratch-offs, and taxes in other states.
What each game pays
New York Scratch-Offs
Frequently Asked Questions
Answers about the New York Lottery
Does New York tax lottery winnings?
What is the New York lottery tax rate?
How much tax do you pay on a $1,000 lottery ticket in New York?
How much tax do you pay on a $10,000 lottery ticket in New York?
How much tax do you pay on $1 million in lottery winnings in New York?
How much are lottery winnings taxed?
Do you get a W-2G for lottery winnings?
How much is the Powerball jackpot after taxes in New York?
How much is the Mega Millions jackpot after taxes in New York?
How much is the New York Lotto jackpot after taxes in New York?
What is the difference between the cash option and the annuity?
Are scratch-off winnings taxed in New York?
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