Last updated: January 2026
Educational information — not tax, legal or financial advice
LottoTax is an independent educational website. All calculators, tables, articles and estimates on this site are provided for general information only. They are not tax advice, legal advice, or financial advice, and they are not a substitute for consulting a qualified CPA, tax attorney or financial planner about your specific situation.
Accuracy of calculations
We base calculations on the IRS federal income tax brackets and standard deduction for tax year 2026 (Revenue Procedure 2025-32) and on state income tax rates and brackets compiled from state statutes as of January 1, 2026. Tax law changes, bracket inflation adjustments, local income taxes, residency rules, credit phase-outs, and each lottery’s own withholding practices can materially change real-world outcomes. Results are estimates with no warranty of accuracy, completeness or fitness for any particular purpose.
No affiliation
This site is not affiliated with, endorsed by, or sponsored by the Multi-State Lottery Association (MUSL), Powerball, Mega Millions, or any state lottery commission. Powerball® and Mega Millions® are registered trademarks of their respective organizations, referenced here for identification and editorial purposes only. Advertised jackpot figures mentioned in articles are historical examples and may be outdated.
No gambling facilitation
We do not sell lottery tickets, process wagers, or facilitate gambling in any jurisdiction. Nothing on this site is an offer or encouragement to gamble. If you or someone you know has a gambling problem, help is available: call or text 1-800-GAMBLER in the United States.
Limitation of liability
To the maximum extent permitted by law, the site owner disclaims liability for any loss or damage, direct or indirect, arising from use of this website or reliance on its content. Use the tools, verify the numbers with your own professionals, and never make financial decisions based solely on any calculator — including ours.