PBPowerballTax

4.65% state lottery tax

Utah Powerball Tax Calculator

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Utah applies a 4.65% state lottery tax. Combined with the 24% federal withholding and the top-bracket federal adjustment, the effective tax on a large jackpot lands around 38–42%.

Note: 4.65% flat rate; no state lottery

Utah after-tax take-home by jackpot tier

24% federal withholding + top-bracket adjustment + state tax. Cash lump sum estimated at 60% of advertised jackpot.

AdvertisedCash take-homeCash effectiveAnnuity take-home
$100M$35.1M41.51%$58.4M
$300M$105.1M41.6%$175.1M
$500M$175.1M41.62%$291.8M
$700M$245.2M41.63%$408.5M
$1B$350.2M41.64%$583.6M
$1.5B$525.2M41.64%$875.3M
$2B$700.3M41.64%$1.2B

Utah vs neighboring states ($1B cash)

StateRateCash take-home
Utah (UT)4.65%$350.2M
Idaho (ID)5.8%$343.3M
Nevada (NV)0%$378.1M
Wyoming (WY)0%$378.1M

Frequently asked questions

Does Utah tax Powerball winnings?

Utah taxes Powerball winnings at 4.65%. Note: 4.65% flat rate; no state lottery.

How much does a $1 billion Powerball winner take home in Utah?

On a $1 billion advertised jackpot taken as cash (gross $600,000,000), a Utah winner keeps approximately $350,183,278 after taxes — an effective rate of about 41.64%.

Can I avoid Utah lottery tax by moving states before claiming?

No. State lottery tax is determined by the state where the ticket was sold, not the winner's residence. A ticket bought in Utah is taxed at Utah's 4.65% rate; the winner's home state may credit or assess additional tax at filing.

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