$223M
$99.4M
$4.7M
Average yearly payment
$62.7M
$44M
$19.7M
$965,812
Average yearly payment
$12.5M
Enter any amount and see your potential winnings in seconds.
LottoSplits helps you estimate your winnings after taxes for the current Powerball and Mega Millions jackpots. It calculates how much you would receive as either an annuity or a lump sum after deducting federal and state taxes.
Powerball drawings are held on Monday, Wednesday, and Saturday at 10:59 PM ET. Mega Millions drawings are held on Tuesday and Friday at 11:00 PM ET.
Powerball starts at $20 million and increases based on ticket sales and rollovers. Mega Millions also starts at $20 million, with jackpot increases depending on sales.
If multiple winners match all numbers, the jackpot is split equally among them. By using LottoSplits you can see how much winnings you would get to keep by person after state taxes.
Yes, both state and federal taxes apply. The federal government withholds 24% upfront, and the final tax rate can be as high as 37%, depending on total income. Some states also impose additional taxes. By Using LottoSplits you can see how much taxes you pay per state on winnings.
LottoSplits assumes no state tax and applies only the 37% federal tax.