Lotto Splits
See Your Estimated Jackpot Winnings After Taxes
Winning Numbers
Tue, Jun 3, 2025
Next Drawing
Fri, Jun 6, 2025
$223M
$99.4M
Splits
$4.7M
Average yearly payment
$62.7M
Winning Numbers
Wed, Jun 4, 2025
Next Drawing
Sat, Jun 7, 2025
$44M
$19.7M
Splits
$965,812
Average yearly payment
$12.5M
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Frequently Asked Questions
How does LottoSplits work?
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.
What days are Powerball and Mega Millions drawings held?
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.
What is the starting jackpot for Powerball and Mega Millions?
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.
What happens if multiple people win the jackpot?
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.
Are jackpot winnings subject to 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.
What if I don’t select a state for taxes?
LottoSplits assumes no state tax and applies only the 37% federal tax.