Does Florida tax lottery winnings?
No. Florida has no personal income tax, so it takes nothing from a lottery prize and nothing is withheld for the state; only federal tax applies. Florida's constitution effectively rules out a state income tax on residents: Article VII, Section 5 caps any tax on the income of natural persons at what federal law lets them credit, which in practice is nothing (Fla. Const. art. VII, § 5).
Source: Tax Foundation, 2026 state income tax rates, checked October 1, 2026.
Why zero Florida tax still leaves a tax bill
On a $1 million cash prize the initial federal withholding is $240,000, leaving $760,000 at claim. Estimated final take-home is $680,000; the $80,000 difference is additional federal tax. Florida’s lack of personal income tax does not turn the federal withholding into the final bill.
For comparison, a $10,000 cash prize on top of $60,000 of other income adds $1,550 in federal tax and $0 in modeled Florida tax, leaving $8,450 from the prize. The estimate subtracts tax on the existing income so that only the prize’s additional tax is charged.
Illustrative 2026 calculation, not a reported payout. Model assumptions and corrections.
Florida Powerball payout after taxes
With nothing owed to the state, a single winner in Florida keeps about $178,907,000 from the $674 Million Powerball jackpot's $283.9 Million cash option, and about $117,545,000 from the $443 Million Mega Millions jackpot's $186.5 Million cash option, or $280,589,993 over 30 annual payments.
How much is $1 million after taxes in Florida?
About $680,000, the same as anywhere without a state lottery tax: $320,000 of federal tax for a single filer with no other income, of which $240,000 is withheld at the claim.
Claiming in Florida: 60 days to get the cash option, debts deducted first
- Florida draw-game tickets must be claimed within 180 days of the drawing (Florida Lottery).
- To receive the cash option, a Florida jackpot winner must claim within the first 60 days after the drawing (Florida Lottery).
- Prizes of $600 and greater must be claimed at a Florida Lottery district office or headquarters. Every prize on a Powerball or Mega Millions ticket bought in Florida, the jackpot included, is paid in Florida, even if you live in another state (Florida Lottery).
- Before paying a prize of $600 or more, the Florida Lottery deducts any outstanding debt the winner owes a state agency and any court-ordered child support collected through the state; past-due child support is paid first and only the balance goes to the winner (Fla. Stat. § 24.115(4)).
Can you stay anonymous in Florida?
Only in some cases. At least $250,000: name confidential for 90 days after claiming, then public. Street address and phone number remain confidential (source). The guide to what to do if you win the lottery compares the rules in every state.
Billion-dollar jackpots won in Florida
Two of the largest lottery jackpots were sold in Florida. Take-home is for a single Florida resident at 2026 rates.
| Drawing | Jackpot | Lump sum take-home today |
|---|---|---|
| Mega Millions, August 8, 2023 | $1.6 Billion | $500,396,000 |
| Powerball, January 13, 2016Split 3 ways; take-home is for one ticket | $1.59 Billion | $206,586,050 |
Florida compared with neighboring states
$674 Million Powerball jackpot, lump sum, by state of residence. No neighboring state does better: a Florida resident keeps $14,194,960 more than a winner living in Alabama. Alabama does not sell lottery tickets, so residents buy them in a neighboring state.
| State of residence | State & local tax | Lump sum take-home |
|---|---|---|
| Florida | $0 | $178,907,000 |
| Georgia | $14,165,862 | $164,741,138 |
| AlabamaNo lottery sales | $14,194,960 | $164,712,040 |
Hypothetical residence-tax comparison only. Tax imposed by the ticket-selling state and credits for tax paid elsewhere are excluded; this is especially important for residents of states without lottery sales. Taxes on lottery winnings explains what happens when you buy in another state.
Estimates for a single filer with no other income unless noted. Formulas and sources: methodology. Every state's rates: lottery tax by state.