This page will calculate approximate payouts for both cash and annuitized prizes for lotteries.

Wendy Kirkland

There are a few pieces of information that the process requires: The amount of the total prize: This can be either the annuitized prize or a one-time cash payout. The number of annuitized payments: If you know how many years your prize will be paid over, enter the number here.

Lottery Calculator

Twenty-six 26 seems to be a popular number, so it is pre-filled for you. If you are calculating a one-time payout, enter the number One 1.

The percentage of taxes that the lottery will withold from your prize: This is a very difficult number to guess at. With any luck, the actual payout will be higher than the calculated value.

Looking at the query strings in the web logs, I find that a significant number of people are looking for the cash payout amounts. I have added an estimated cash payout amount and an estimated cash take home amount.

Again, my numbers are just estimates, but I think they are close. Total Amount of Annuitized or cash Prize No Commas, Please: Length of Annuity Enter 1 for Cash Payout: Enter Percentage of Taxes to be withheld: Annual Payout amount Before Taxes: Annual Tax Amount from Total: Annual Take Home Amount after Taxes: Cash Payout Amount before Taxes: Cash Take Home after Taxes: