NEW YORK LOTTERY TAX · TAX YEAR 2026
New York lottery tax calculator
New York taxes lottery winnings as income, at rates from 3.9% to 10.9%, and New York City residents also owe city income tax. On a $1,000,000 prize with $75,000 of wages, a single filer owes $69,636 of New York tax and $340,080 of federal income tax, $409,716 in all, and keeps $590,284.
Tax on your prize
- Total tax on the prize
- $409,716.45
- Federal income tax
- $340,080.25
- New York tax
- $69,636.20
- After-tax prize
- $590,283.55
- Effective rate
- 40.97%
- Federal withholding at 24%
- $240,000.00
- Federal tax still owed
- $100,080.25
New York's lottery withholds state tax at its published rate.
New York tax by size of prize
What a single filer with $75,000 of wages owes on a prize. New York figures exclude New York City tax.
| Prize | Federal tax | State tax |
|---|---|---|
| $10,000 | $2,200 | $540 |
| $100,000 | $23,064 | $6,399 |
| $1 million | $340,080 | $69,636 |
| $10 million | $3,670,080 | $1,033,448 |
New York lottery tax questions
Does New York tax lottery winnings?
Yes. New York taxes lottery winnings as income, at rates from 3.9% to 10.9%, and New York City residents also owe city income tax.
How much tax is due on a $1,000,000 lottery prize in New York?
A single filer with $75,000 of wages owes $340,080 of federal income tax and $69,636 of New York tax on a $1,000,000 prize, $409,716 in all, and keeps $590,284. On a $100,000 prize, New York tax is $6,399 and federal tax $23,064.
How much is withheld from a New York lottery prize?
New York withholds state tax from a prize over $5,000 at its published rate, and federal withholding is 24%. On a $1,000,000 prize, federal withholding of $240,000 against $340,080 of federal tax leaves $100,080 of federal tax to pay at tax time.
Do New York City residents pay more tax on lottery winnings?
Yes. A single filer in New York City with $75,000 of wages owes $108,396 of state and city tax on a $1,000,000 prize, against $69,636 outside the city.
What the calculator leaves out
Federal tax stacks the prize on wages after the 2026 standard deduction and taxes it at the ordinary brackets. Withholding treats the whole prize as winnings, though the IRS tests winnings minus the wager. The calculator takes the cash received this year: a lump sum is taxed in full the year it is paid, and annuity payments are taxed each year as they are received. Gambling losses are left out; only filers who itemize can deduct them, and from 2026 only up to 90% of losses. Tax another state may charge on a ticket bought there is left out.