Lottery Winnings Tax Calculator
Calculate your after-tax lottery winnings considering federal, state, and local taxes. Compare lump sum vs. annuity payments.
Tax Calculation Results
Gross Winnings:
$0
Federal Tax:
$0
State Tax:
$0
Net Winnings:
$0
| Tax Type | Rate | Amount |
|---|
| Payment Option | Before Tax | After Tax |
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Here's a comprehensive table summarizing all you need to know about lottery winnings tax in various countries:
| Country | Tax Rate on Lottery Winnings | Notes |
|---|---|---|
| United States | 24% federal + state taxes | Federal tax applies to winnings over $5,000. State taxes vary1. |
| United Kingdom | 0% | All lottery winnings are tax-free4. |
| Canada | 0% | All lottery winnings are tax-free4. |
| Australia | 0% | All lottery winnings are tax-free4. |
| Germany | 0% | All lottery winnings are tax-free4. |
| Sweden | 0% | Local lottery winnings are typically tax-free4. |
| New Zealand | 0% | All lottery winnings are tax-free4. |
| Portugal | 20% | Applies to winnings above €5,0001. |
| Spain | 20% | Applies to winnings above €40,0001. |
| Italy | 20% | Applies to winnings above €5001. |
| Switzerland | 5% | Applies to winnings above CHF 1,000,0001. |
| The Netherlands | 29% | Applies to winnings above €4541. |
| Slovenia | 15% | Applies to winnings above €3001. |
| Croatia | 15-20% | 15% on wins between 10,000 and 30,000 kn, 20% above 30,000 kn1. |
| Brazil | 30% | Applies to wins above the first tier of monthly income tax rate1. |
| Latvia | 23-31.4% | 23% on wins between €3,000 and €55,000, 31.4% above €55,0001. |
| India | 31.2% | Applies to winnings above Rs 10,0001. |
| Pakistan | 15-20% | 15% for filers, 20% for non-filers1. |
| Poland | 10% | Applies to winnings above 2,280 zlotys1. |
| Ukraine | 10% | Applies to winnings above UAH48,0001. |
| Turkey | 20% | Applies to winnings above 7,060 lira1. |
Additional notes:
- Tax rates and thresholds can change, so it's always best to verify current regulations.
- Some countries tax lottery operators instead of winners3.
- In countries with zero tax on winnings, other financial implications may still apply (e.g., taxes on interest earned from winnings)4.
- Foreign visitors buying lottery tickets in a country are typically subject to that country's tax laws1.
- Some countries may have tax treaties allowing foreign winners to claim back some or all of the tax paid1.
- In the US, state taxes on lottery winnings can vary significantly, with some states like Nevada not taxing winnings at all5.
This table provides a general overview of lottery winnings taxation across various countries. However, tax laws can be complex and subject to change, so it's advisable to consult with a tax professional for the most up-to-date and personalized advice.