Nevada State Income Tax Rate on Lottery Winnings 2026 Calculator
The Nevada state income tax rate on lottery winnings 2026 is 0%. This calculator shows you your exact after-tax take-home from Powerball, Mega Millions, and other Nevada lottery games, including both federal and state taxes.
Nevada's Zero-Tax Advantage
Nevada has no state income tax and extends this to lottery winnings. On $60M, Nevada adds $0 in state taxes while high-tax states add $5M+. The Silver State is a major advantage for lottery winners.
Federal Only: Simplified Math
Federal 37% only, no Nevada state tax. On $100M jackpot, you owe $22.2M federally with $14.4M withheld, leaving $7.8M federal gap. Nevada adds nothing. Take-home: ~$37.8M.
Comparing Nevada to High-Tax States
New York (11%+), New Jersey (11%), Maryland (9%), Hawaii (9%)—all much higher than Nevada's 0%. On $60M, Nevada saves $5.4M+.
Desert State Appeal
Nevada's no-income-tax policy attracts many residents. For lottery winners, this extends to total exemption on lottery income.
Lump Sum vs Annuity
Nevada taxes neither—both are exempt from state taxation. Your decision is purely federal strategy.
Privacy and Claims
Nevada allows trusts and entities for prize claiming. Combined with zero-state-tax benefit, Nevada is attractive for privacy-conscious winners.
Maintain Residency
Stay Nevada resident to preserve the zero-state-tax advantage.
Nevada Games
Powerball, Mega Millions, and Nevada games all have zero state tax.
Nevada Lottery Tax FAQ
Q:Does Nevada tax lottery?
No. Nevada has zero state income tax on lottery winnings.
Q:Why no tax?
Nevada's no-income-tax policy extends to lottery prizes.
Q:Federal tax?
37% federally with 24% withheld, leaving 13% gap.
Q:Compared to New York?
Nevada 0% + Federal 37% = 37%. New York 11% + Federal = 48%. Nevada saves $6.6M on $60M win.
Q:Lump sum vs annuity?
Both tax-free in Nevada.
Q:Move after?
If claimed in Nevada, 0% applies to that win.
Q:Privacy options?
Nevada allows trusts and entities for claiming.