By advertised jackpot

$1.5 Billion Powerball After Taxes

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A $1.5 billion jackpot has happened only a handful of times in Powerball history. Here is what every state would take home.

$1.5 Billion cash lump sum — 50 states ranked

Sorted by cash take-home, descending. Click a state to open its dedicated page.

#StateRateCash take-homeAnnuity total
1Alaska (AK)0%$567.1M$945.1M
2California (CA)0%$567.1M$945.1M
3Florida (FL)0%$567.1M$945.1M
4Nevada (NV)0%$567.1M$945.1M
5New Hampshire (NH)0%$567.1M$945.1M
6South Dakota (SD)0%$567.1M$945.1M
7Tennessee (TN)0%$567.1M$945.1M
8Texas (TX)0%$567.1M$945.1M
9Washington (WA)0%$567.1M$945.1M
10Wyoming (WY)0%$567.1M$945.1M
11Arizona (AZ)2.5%$544.6M$907.6M
12North Dakota (ND)2.5%$544.6M$907.6M
13Pennsylvania (PA)3.07%$539.5M$899.0M
14Indiana (IN)3.15%$538.7M$897.8M
15Ohio (OH)3.5%$535.6M$892.6M
16Iowa (IA)3.8%$532.9M$888.1M
17Kentucky (KY)4%$531.1M$885.1M
18Louisiana (LA)4.25%$528.8M$881.3M
19Michigan (MI)4.25%$528.8M$881.3M
20North Carolina (NC)4.25%$528.8M$881.3M
21Arkansas (AR)4.4%$527.5M$879.1M
22Colorado (CO)4.4%$527.5M$879.1M
23Utah (UT)4.65%$525.2M$875.3M
24Mississippi (MS)4.7%$524.8M$874.6M
25Oklahoma (OK)4.75%$524.3M$873.8M
26Missouri (MO)4.8%$523.9M$873.1M
27West Virginia (WV)4.82%$523.7M$872.8M
28Illinois (IL)4.95%$522.5M$870.8M
29Alabama (AL)5%$522.1M$870.1M
30Massachusetts (MA)5%$522.1M$870.1M
31Kansas (KS)5.2%$520.3M$867.1M
32Nebraska (NE)5.2%$520.3M$867.1M
33Georgia (GA)5.49%$517.7M$862.7M
34Virginia (VA)5.75%$515.3M$858.8M
35Idaho (ID)5.8%$514.9M$858.1M
36Montana (MT)5.9%$514.0M$856.6M
37New Mexico (NM)5.9%$514.0M$856.6M
38Rhode Island (RI)5.99%$513.2M$855.2M
39South Carolina (SC)6.2%$511.3M$852.1M
40Delaware (DE)6.6%$507.7M$846.1M
41Connecticut (CT)6.99%$504.2M$840.2M
42Maine (ME)7.15%$502.7M$837.8M
43Wisconsin (WI)7.65%$498.2M$830.3M
44Maryland (MD)8.75%$488.3M$813.8M
45Vermont (VT)8.75%$488.3M$813.8M
46Minnesota (MN)9.85%$478.4M$797.3M
47Oregon (OR)9.9%$478.0M$796.6M
48New Jersey (NJ)10.75%$470.3M$783.8M
49New York (NY)10.9%$469.0M$781.6M
50Hawaii (HI)11%$468.1M$780.1M

Frequently asked questions

Which state gets the largest $1.5 Billion Powerball take-home?

For a $1.5 Billion advertised jackpot taken as cash, the top take-home state is Alaska at roughly $567,083,278; the worst is Hawaii at $468,083,278. The gap is $99,000,000.

What's the effective tax rate on a $1.5 Billion cash payout?

Using this site's assumptions (cash = 60% of advertised, 24% federal withholding, ~13% top-bracket adjustment above $640,600, plus state tax), $1.5 Billion cash in the best state nets about $567,083,278 — an effective rate of roughly 36.99%.

How much more does annuity pay vs cash for $1.5 Billion?

Annuity pays the full advertised jackpot over 30 graduated instalments. For $1.5 Billion, the best state would net about $945,083,278 across the 30 years versus $567,083,278 taken as cash today — a meaningful gap if you can avoid the lump sum.