Powerball Payout Calculator Georgia
Georgia taxes lottery winnings at 5.19% on top of federal tax. Georgia's flat income tax (5.19% for 2026, scheduled to keep falling) applies to lottery prizes. (as of Jan 2026)
Calculate your exact Georgia payout →Example: what a jackpot is worth in Georgia
After-tax estimates using 5.19% state tax, the 2026 federal brackets (24% withheld up front, 37% top rate), and a lump sum cash value of 47% of the advertised jackpot.
| Advertised jackpot | Lump sum net | Annuity net (30-yr total) | First annuity payment (net) |
|---|---|---|---|
| $100M | $27,214,743 | $59,131,282 | $914,166 |
| $500M | $135,897,543 | $290,371,282 | $4,394,660 |
| $1B | $271,751,043 | $579,421,282 | $8,745,277 |
How Georgia compares
Eleven jurisdictions take no state tax on lottery wins (including Texas, Florida, and California). Among states that do tax, rates run from 2.5% (North Dakota, Arizona) to 10.9% (New York). See the full 51-state comparison table or read lump sum vs annuity: which to take.
Georgia lottery tax FAQ
How much tax does Georgia take from lottery winnings?
Georgia's flat income tax (5.19% for 2026, scheduled to keep falling) applies to lottery prizes.
What would I actually take home from a $500 million jackpot in Georgia?
Taking the lump sum (cash value about 47% of the jackpot), you would clear roughly $135,897,543 after federal and state taxes. Taking the 30-year annuity, the after-tax total is roughly $290,371,282, paid in 30 growing installments.
Is the federal tax the same in Georgia as everywhere else?
Yes. Federal treatment is identical nationwide: 24% is withheld on prizes over $5,000, and jackpot-size winnings reach the 37% top bracket (income above $640,600 for a single filer in 2026), so the remainder is due when you file.
Do I pay Georgia tax if I bought the ticket somewhere else?
State withholding follows the state of purchase. If you live in Georgia but bought the winning ticket in another state, that state withholds first — Georgia then taxes you as a resident with a credit for tax paid there (rules vary; confirm with a tax professional).