Jackpot tax
Here’s what you need to know about taxes on Powerball jackpots
Powerball jackpots make winners instant millionaires. Start dreaming of your prize here by checking out the biggest prizes in history. We’ve also got the logistics covered—see below to learn more about payment options and taxes.
Rank | Jackpot | Numbers | Draw Date | Location | Winner Info |
---|---|---|---|---|---|
1st | $2.04 Billion |
|
Nov 07, 2022 | CA | Edwin Castro from Altadena |
2nd | $1.77 Billion |
|
Oct 11, 2023 | CA | Theodorus Struyck from Kern County |
3rd | $1.59 Billion |
|
Jan 13, 2016 | CA, FL, TN | • Marvin and Mae Acosta (CA) • John and Lisa Robinson (TN) • The Nickel 95 Trust (FL) |
4th | $1.33 Billion |
|
Apr 06, 2024 | OR | Pending |
5th | $1.08 Billion |
|
Jul 19, 2023 | CA | Yanira Alvarez |
6th | $842 Million |
|
Jan 01, 2024 | MI | Pending |
7th | $768 Million |
|
Mar 27, 2019 | WI | Manuel Franco from West Allis |
8th | $759 Million |
|
Aug 23, 2017 | MA | Mavis Wanczyk from Chicopee |
9th | $755 Million |
|
Feb 06, 2023 | WA | Becky Bell from Auburn |
10th | $731 Million |
|
Jan 20, 2021 | MD | The Power Pack |
Here’s what you need to know about taxes on Powerball jackpots
See how much money you’ll get in every annual installment if you choose an annuity payment
This is how much money you’ll take home if you opt for a cash jackpot payment