Arizona (4.8) Arkansas (5.9) California (0) Colorado (4) Connecticut (6.99). To use the calculator, select your filing status and state. You can find out tax payments for both annuity and cash lump sum options. Power Play isn’t applied to the jackpot, and the multiplier is never higher than two if you win the $1 million second prize.įor an additional $1, players in certain areas of the US can also be entered into a second draw, known as Double Play, with a maximum jackpot of $10 million. Here’s how much taxes you will owe if you win the current Powerball jackpot. After no one won the jackpot in Powerballs Wednesday night drawing, the lottery games top.
If players pay $1 extra for Power Play, their winnings will be multiplied by two, three, four, five or ten, depending on the multiplier number picked out of the hat before the draw takes place. The odds of winning a Powerball jackpot remain extremely slim, standing at about 1 in 292.2 million. There are three Powerball draws a week, held at 10:59 p.m.
