A Powerball jackpot bought in New Hampshire faces federal tax only — New Hampshire takes nothing at the state level. On today's $674,000,000 jackpot that leaves about $178,899,944 from the $283,888,800 cash option.
New Hampshire has no wage income tax at all, and it finished repealing its interest and dividends tax in 2025. A Powerball prize bought in New Hampshire faces federal tax only.
Calculate your take-home
New Hampshire Powerball payout after tax
| Line | Lump sum | Annuity (30 payments) |
|---|---|---|
| Advertised jackpot | $674,000,000 | $674,000,000 |
| Amount paid out before tax | $283,888,800 | $674,000,000 |
| Federal tax (37% bracket) | −$104,988,856 | −$247,880,007 |
| New Hampshire tax (none) | $0 | $0 |
| You keep | $178,899,944 | $426,119,992 |
| Share of the advertised jackpot | 26.5% | 63.2% |
Built from today's live cash value ($283,900,000). Single filer, standard deduction, no other income.
How New Hampshire taxes lottery winnings
New Hampshire levies no personal income tax at all, so there is no state layer to apply to a jackpot. The federal 37% rate still applies to the cash value, and the 24% withholding rule still applies at payout.
- New Hampshire has no sales tax and no state withholding on lottery prizes.
- The state is famous for “no tax” marketing, but property taxes are among the highest in the country.
Three prizes, worked out for New Hampshire
| Prize | Cash value | Federal | New Hampshire | You keep |
|---|---|---|---|---|
| $1M | $421,200 | −$110,554 | $0 | $310,646 |
| $10M | $4,212,000 | −$1,508,440 | $0 | $2,703,560 |
| Current jackpot ($674M) | $283,888,800 | −$104,988,856 | $0 | $178,899,944 |
Smaller prizes are worth checking against your own bracket: below roughly $640,600 of taxable income the federal rate is 35% or less, so the flat 37% used here overstates the bill on smaller wins.
If you live in New Hampshire but buy elsewhere
Lottery income is generally taxed by the state where the ticket was purchased, and again by your state of residence, with a credit for tax paid to the first state. That credit is usually capped at the home state's own rate, so a higher-tax home state still collects the difference.
Because New Hampshire takes nothing on a home-state ticket, buying elsewhere only adds another state's tax — there is nothing for New Hampshire to credit back. A resident who buys in Maine pays that state's withholding at claim and settles the difference there at filing, with no offset at home.
Residency is decided by facts — where you spend the year, where you vote, where your home is — not by the address you write on the claim form. Moving after the win does not retroactively change the state that taxes the prize.
Compare New Hampshire with its neighbours
| State | Rate on a jackpot | Take-home (lump sum) | Difference |
|---|---|---|---|
| New Hampshire | 0% | $178,899,944 | — |
| Maine | 7.15% | $158,601,895 | −$20,298,049 |
| Vermont | 8.75% | $154,059,674 | −$24,840,270 |
| Massachusetts | 9% | $153,349,952 | −$25,549,992 |
All 46 jurisdictions are listed in the state tax index and the full rate table.
Frequently asked
Does New Hampshire tax Powerball winnings?
No. New Hampshire has no personal income tax, so a ticket bought here faces federal tax only.
How much would I keep from the current jackpot in New Hampshire?
About $178,899,944 on the cash option ($283,888,800), or about $426,119,992 if you take the 30-payment annuity and stay in New Hampshire for all of it. Both figures are before any local tax, professional fees or other income.
Do I pay New Hampshire tax if I buy the ticket in another state?
It depends on residency. New Hampshire taxes its residents on income wherever it arises, and the state where you bought the ticket may withhold too. You would normally claim a credit in New Hampshire for tax paid to the other state. The state of purchase is not automatically the only one that taxes you.
Can I claim anonymously in New Hampshire?
Anonymity rules are set by the state lottery, not the tax code, and they change. Some states let a trust or LLC claim in place of the individual; others publish the winner's name regardless. Check the New Hampshire lottery claim rules before you sign the back of the ticket.