OHIO LOTTERY TAX · TAX YEAR 2026
Ohio lottery tax calculator
Ohio taxes lottery winnings as income, at its flat 2.75% rate. On a $1,000,000 prize with $75,000 of wages, a single filer owes $27,559 of Ohio tax and $340,080 of federal income tax, $367,639 in all, and keeps $632,361.
Tax on your prize
- Total tax on the prize
- $367,639.38
- Federal income tax
- $340,080.25
- Ohio tax
- $27,559.13
- After-tax prize
- $632,360.62
- Effective rate
- 36.76%
- Federal withholding at 24%
- $240,000.00
- Ohio withholding at 2.75% (2026)
- $27,500.00
- Still owed at tax time
- $100,139.38
Ohio tax by size of prize
What a single filer with $75,000 of wages owes on a prize, and what Ohio withholds from it.
| Prize | Federal tax | State tax | State withholding |
|---|---|---|---|
| $10,000 | $2,200 | $282 | $275 |
| $100,000 | $23,064 | $2,757 | $2,750 |
| $1 million | $340,080 | $27,559 | $27,500 |
| $10 million | $3,670,080 | $275,059 | $275,000 |
Ohio lottery tax questions
Does Ohio tax lottery winnings?
Yes. Ohio taxes lottery winnings as income, at its flat 2.75% rate.
How much tax is due on a $1,000,000 lottery prize in Ohio?
A single filer with $75,000 of wages owes $340,080 of federal income tax and $27,559 of Ohio tax on a $1,000,000 prize, $367,639 in all, and keeps $632,361. On a $100,000 prize, Ohio tax is $2,757 and federal tax $23,064.
How much is withheld from a Ohio lottery prize?
Ohio withholds 2.75% of a prize of $600 or more for state tax, and federal withholding is 24% of a prize over $5,000. On a $1,000,000 prize, $267,500 is withheld against $367,639 of tax, leaving $100,139 to pay at tax time.
What the calculator leaves out
- Ohio city and school district income taxes are left 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.
Sources
- IRS Topic 419, Gambling income and losses
- IRS Instructions for Forms W-2G and 5754
- IRS Publication 505 (2026), Tax Withholding and Estimated Tax
- IRS Revenue Procedure 2025-32: 2026 tax brackets
- Ohio Revised Code 5747.062: lottery prize withholding
- Ohio Lottery: mobile cashing
- Ohio Revised Code 5747.02: 2026 tax schedule