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

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.

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.

The value of 31% has been pre-filled for you.

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.

The tax % witheld for the cash payout is now controlled by the value you enter in the tax percentage field.

Again, my numbers are just estimates, but I think they are close.