Live
Income Tax Calculator
Estimate your 2026 US federal income tax, effective rate and marginal bracket from your income and filing status.
Powerball After-Tax Calculator
Compare a Powerball jackpot’s cash option and 30-year annuity after federal and state taxes.
Did we solve your problem today?
How to use this calculator
Enter your values. The result updates as you type; press Calculate to confirm and jump to the result on mobile. Use Share to send the calculator with your result.
Cash option vs annuity
The advertised jackpot is the total of the annuity: one immediate payment plus 29 annual payments, each 5% larger than the last. The cash option is the jackpot’s present value, roughly the money in the prize pool, paid at once. Taking cash means more control and investment growth; the annuity gives a larger total, spread out, and protects against overspending.
first payment = jackpot × 0.05 ÷ (1.05³⁰ − 1)
Frequently asked questions
How many annuity payments does Powerball make?
30 payments over 29 years, each 5% bigger than the previous one.
About this tool
- Written by
- [Author: to be assigned]
- Reviewed by
- Expert review pending
- Last updated
- 31 Oct 2026
See our methodology and editorial policy. Think something’s off? Report an error with this tool.
Related tools
All Finance & BusinessLive
Annual Income / Salary Calculator
Convert an hourly wage to annual, monthly, biweekly and weekly pay, or a salary back to an hourly rate.
Live
Amortization Calculator
See your monthly payment, total interest and a full payoff schedule.
Live
RMD Calculator
Calculate your required minimum distribution (RMD) from an IRA or 401(k) with the IRS Uniform Lifetime Table.
Live
Discount / Percent Off Calculator
Calculate the sale price after a percent-off discount (including stacked discounts and sales tax), or the discount percentage from two prices.
Live
Time Value of Money Calculator
Find the future or present value of money with compound interest, any compounding frequency and optional regular deposits.