Finance

Lottery Annuity vs Lump Sum Calculator

Compare the annuity and lump sum payout options for lottery winnings after taxes.

Jackpot (Annuity Value) ($)

Lump Sum (% of jackpot)

Typically 50-65% of advertised jackpot

Federal Tax Rate (%)

State Tax Rate (%)

Annuity Payments Over (years)

Investment Return (Lump Sum) (%)

Comparison:
Lump Sum After Tax = Lump × (1 − Fed% − State%)
Annuity After Tax = Annual Payment × (1 − Tax%) × Years
Lump Sum Future Value = After-Tax Lump × (1+r)^n