New York(NY) Mega Millions Prize Analysis

New York(NY) Mega Millions Prize Analysis
The estimated jackpot for Mega Millions on is $0 million. The cash option is $0 million. The Mega Millions prize analysis tells you how much you would get after state, local and federal tax withholdings.

As legally required by the state of New York, taxes are withheld on lottery winnings of 600USD or more. For prizes greater than 5,000USD, US citizens and resident aliens having a social security number have their prizes reduced with 25%, which represents the federal taxes. The New York state tax rate for lottery winning sits at 8.82%, with New York City withholding 3.876% and Yonkers withholding 1.323%. For more information on taxes for lottery winnings in the state of New York, click here.

  • For the Cash Option in the amount of $0 million, the federal tax that must be withheld is $0.00, while the state tax is $0.00. After all the taxes are paid, the winner gets a net lump-sum payment of $0.00.
  • For the Annuity option in the amount of $0 million, the winner gets paid in 30 annual payments in the average amount of $0.00 per year. The average federal tax liability is $0.00 per year. The average state tax liability is $0.00 yearly. The average net lump-sum payment after tax withholding is going to be $0.00 per year. Please Note: Powerball annuity payments are NOT allocated evenly by years. The payments increase annually in a 30 year period. Please see below for the detailed payment schedule.
  • Residents of New York City and Yonkers are subject to extra local tax liabilities.
For detailed information on Powerball Lottery Winning Taxes and Prizes Analysis, see the data listed below.


New York(NY) Mega Millions Prize Analysis
  Jackpot: $0 Million  Cash: $0 Million

Cash Option - $0 Million
Gross Cash Payment25% Federal Withholding8.82% State WithholdingLump-Sum Net Payment
$0.00-$0.00-$0.00$0.00
New York City Resident
3.876% Local Tax Withholding
-$0.00
Lump-Sum Net Payment
$0.00
Yonkers Resident
1.323% Local Tax Withholding
-$0.00
Lump-Sum Net Payment
$0.00

Annuity - $0 Million in 30 Annual Payments
Yr Annual Gross Payment 25% Federal Withholding 8.82% State Withholding Annual Net Payment New York City
-3.876% Tax
Annual Net Payment
Yonkers
-1.323% Tax
Annual Net Payment
1$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
2$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
3$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
4$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
5$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
6$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
7$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
8$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
9$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
10$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
11$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
12$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
13$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
14$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
15$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
16$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
17$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
18$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
19$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
20$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
21$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
22$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
23$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
24$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
25$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
26$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
27$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
28$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
29$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00
30$0.00-$0.00-$0.00$0.00-$0.00
$0.00
-$0.00
$0.00

Other Prizes With More Than $5,000.00
5 White Ball25% Federal Withholding8.82% State WithholdingNet Payment
$1,000,000.00-$250,000.00-$88,200.00$661,800.00
5 White Ball
with PowerPlay
25% Federal Withholding8.82% State WithholdingNet Payment
$2,000,000.00-$500,000.00-$176,400.00$1,323,600.00
4 White Ball
Powerball
25% Federal Withholding8.82% State WithholdingNet Payment
$10,000.00-$2,500.00-$882.00$6,618.00
4 White Ball
Powerball
with PowerPlay
25% Federal Withholding8.82% State WithholdingNet Payment
$40,000.00-$10,000.00-$3,528.00$26,472.00


Past Prize Analysis for Mega-Millions

More Prize Analysis for New York(NY) Mega Millions

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