Lottery Tax in Tennessee
Tennessee does not tax lottery winnings. No state income tax.
State Tax Rate
0.0%
Federal Top Rate
37%
Combined Effective
37.0%
After-Tax Payout Examples
| Jackpot | Cash Option | Federal Tax | State Tax | Net Payout |
|---|---|---|---|---|
| $100M | $60.0M | -$22.2M | -$0.0M | $37.8M |
| $500M | $300.0M | -$111.0M | -$0.0M | $189.0M |
| $1B | $600.0M | -$222.0M | -$0.0M | $378.0M |
For custom jackpot amounts and annuity vs. lump sum comparison, use our Lottery Payout Calculator.