South Carolina Lottery Tax Calculator - 7% State Tax

The South Carolina state income tax rate on lottery winnings in 2026 is 7%. Calculate your exact take-home amount from any South Carolina lottery game after federal and state taxes.

South Carolina State Income Tax: 7%

In addition to federal taxes, South Carolina residents owe 7% state tax on lottery winnings.

Winning Amount

Advertised Jackpot

Payout Type

Cash Value Factor (%)

60%

Your Take-Home (After All Taxes)

$168,000,000

Effective Tax Rate: 44.0% (Federal 37% + State 7%)

Lump Sum Amount

$300,000,000

(60% of advertised)

Fed Withholding

$72,000,000

24% immediate

Additional Federal Tax

$39,000,000

Tax gap (37% - 24%)

South Carolina State Tax

$21,000,000

7% estimated state tax rate

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Lottery tax rates vary by state. Select another state below to see its lottery tax calculator.

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Disclaimer: All calculators on this website are provided for informational and illustrative purposes only. The results do not constitute professional advice (including legal, tax, financial, medical, or other advice). Despite careful programming, we assume no liability for the accuracy, completeness, or timeliness of the results. For matters requiring professional advice, we recommend consulting an appropriate specialist (e.g., a tax advisor, lawyer, accountant, or physician).

How South Carolina Lottery Taxes Work

South Carolina residents face federal (37%) and state (7%) taxes. IRS withholds 24%. Our calculator shows complete burden.

South Carolina Tax Calculation

Lump Sum = Advertised × 60%. Federal Tax = Lump Sum × 37%. State Tax = Lump Sum × 7%. Take-Home = Lump Sum - (Federal + State Tax).

Key Terms

Lump Sum

60% of advertised jackpot (cash value estimate)

Federal Withholding

24% taken by lottery immediately

Tax Gap

Difference between 24% withheld and 37% owed federally

State Tax

South Carolina state income tax: 7%

South Carolina State Income Tax Rate on Lottery Winnings 2026 Calculator

The South Carolina state income tax rate on lottery winnings 2026 is 7%. This calculator shows you your exact after-tax take-home from Powerball, Mega Millions, and other South Carolina lottery games, including both federal and state taxes.

South Carolina's 7% State Tax

South Carolina imposes 7% on lottery winnings. On $60M, that's $4.2M. Higher end nationally.

Total Tax Burden

Federal 37% + SC 7% = 44%. With federal gap, typically 41-44% of lump sum.

Palmetto State Lottery

SC Lottery generates revenue for education.

Withholding

24% federal, 37% actual, plus 7% SC.

Lump Sum vs Annuity

7% for both. Annuity may help spread burden.

Regional Comparison

SC's 7% is higher than most Southeast states.

Tax Planning

Consult professionals before claiming.

SC Games

Powerball, Mega Millions, SC games all taxed at 7%.

South Carolina Lottery Tax FAQ

Q:SC's tax rate?

Flat 7% on all lottery prizes.

Q:Total tax?

Federal 37% + SC 7% = 44%, typically 41-44% total.

Q:Lump sum vs annuity?

Both taxed at 7%.

Q:Reduce it?

No, mandatory 7% withholding.

Q:Move after?

If claimed in SC, 7% applies to that win.

Q:Regional comparison?

SC's 7% is higher than most Southeast states.

Q:Revenue?

SC lottery supports state education.