By advertised jackpot
$300 Million Powerball After Taxes
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A $300 million jackpot is when winners typically engage a fiduciary advisor. Here is the after-tax math by state for both payout options.
$300 Million cash lump sum — 50 states ranked
Sorted by cash take-home, descending. Click a state to open its dedicated page.
| # | State | Rate | Cash take-home | Annuity total |
|---|---|---|---|---|
| 1 | Alaska (AK) | 0% | $113.5M | $189.1M |
| 2 | California (CA) | 0% | $113.5M | $189.1M |
| 3 | Florida (FL) | 0% | $113.5M | $189.1M |
| 4 | Nevada (NV) | 0% | $113.5M | $189.1M |
| 5 | New Hampshire (NH) | 0% | $113.5M | $189.1M |
| 6 | South Dakota (SD) | 0% | $113.5M | $189.1M |
| 7 | Tennessee (TN) | 0% | $113.5M | $189.1M |
| 8 | Texas (TX) | 0% | $113.5M | $189.1M |
| 9 | Washington (WA) | 0% | $113.5M | $189.1M |
| 10 | Wyoming (WY) | 0% | $113.5M | $189.1M |
| 11 | Arizona (AZ) | 2.5% | $109.0M | $181.6M |
| 12 | North Dakota (ND) | 2.5% | $109.0M | $181.6M |
| 13 | Pennsylvania (PA) | 3.07% | $108.0M | $179.9M |
| 14 | Indiana (IN) | 3.15% | $107.8M | $179.6M |
| 15 | Ohio (OH) | 3.5% | $107.2M | $178.6M |
| 16 | Iowa (IA) | 3.8% | $106.6M | $177.7M |
| 17 | Kentucky (KY) | 4% | $106.3M | $177.1M |
| 18 | Louisiana (LA) | 4.25% | $105.8M | $176.3M |
| 19 | Michigan (MI) | 4.25% | $105.8M | $176.3M |
| 20 | North Carolina (NC) | 4.25% | $105.8M | $176.3M |
| 21 | Arkansas (AR) | 4.4% | $105.6M | $175.9M |
| 22 | Colorado (CO) | 4.4% | $105.6M | $175.9M |
| 23 | Utah (UT) | 4.65% | $105.1M | $175.1M |
| 24 | Mississippi (MS) | 4.7% | $105.0M | $175.0M |
| 25 | Oklahoma (OK) | 4.75% | $104.9M | $174.8M |
| 26 | Missouri (MO) | 4.8% | $104.8M | $174.7M |
| 27 | West Virginia (WV) | 4.82% | $104.8M | $174.6M |
| 28 | Illinois (IL) | 4.95% | $104.6M | $174.2M |
| 29 | Alabama (AL) | 5% | $104.5M | $174.1M |
| 30 | Massachusetts (MA) | 5% | $104.5M | $174.1M |
| 31 | Kansas (KS) | 5.2% | $104.1M | $173.5M |
| 32 | Nebraska (NE) | 5.2% | $104.1M | $173.5M |
| 33 | Georgia (GA) | 5.49% | $103.6M | $172.6M |
| 34 | Virginia (VA) | 5.75% | $103.1M | $171.8M |
| 35 | Idaho (ID) | 5.8% | $103.0M | $171.7M |
| 36 | Montana (MT) | 5.9% | $102.9M | $171.4M |
| 37 | New Mexico (NM) | 5.9% | $102.9M | $171.4M |
| 38 | Rhode Island (RI) | 5.99% | $102.7M | $171.1M |
| 39 | South Carolina (SC) | 6.2% | $102.3M | $170.5M |
| 40 | Delaware (DE) | 6.6% | $101.6M | $169.3M |
| 41 | Connecticut (CT) | 6.99% | $100.9M | $168.1M |
| 42 | Maine (ME) | 7.15% | $100.6M | $167.6M |
| 43 | Wisconsin (WI) | 7.65% | $99.7M | $166.1M |
| 44 | Maryland (MD) | 8.75% | $97.7M | $162.8M |
| 45 | Vermont (VT) | 8.75% | $97.7M | $162.8M |
| 46 | Minnesota (MN) | 9.85% | $95.8M | $159.5M |
| 47 | Oregon (OR) | 9.9% | $95.7M | $159.4M |
| 48 | New Jersey (NJ) | 10.75% | $94.1M | $156.8M |
| 49 | New York (NY) | 10.9% | $93.9M | $156.4M |
| 50 | Hawaii (HI) | 11% | $93.7M | $156.1M |