Lotto Splits

See Your Estimated Jackpot Winnings After Taxes

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.

How much does a ticket cost for Powerball and Mega Millions?

A Powerball ticket costs $2 per play, with an additional $1 for Power Play (optional). A Mega Millions ticket costs $2 per play, with an additional $1 for Megaplier (optional).

What are the odds of winning the jackpot?

Powerball: 1 in 292.2 million. Mega Millions: 1 in 302.6 million.

How do Power Play and Megaplier work?

Power Play multiplies non-jackpot winnings by 2x, 3x, 4x, 5x, or 10x (except the Match 5 prize, which is always doubled to $2 million). Megaplier multiplies non-jackpot winnings by 2x, 3x, 4x, or 5x, based on the Megaplier drawn.

Can you buy Powerball and Mega Millions tickets online?

Some states allow online ticket purchases through their official lottery websites or third-party services. However, availability varies by state.

What happens if multiple people win the jackpot?

If multiple winners match all numbers, the jackpot is split equally among them.

How long do winners have to claim their prize?

It varies by state, but typically winners have 90 days to 1 year to claim their prize.

Can non-U.S. residents play Powerball and Mega Millions?

Yes, non-U.S. residents can purchase tickets and claim prizes, but they must comply with U.S. tax laws and state regulations.

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.

What if I don’t select a state for taxes?

LottoSplits assumes no state tax and applies only the 37% federal tax.