Annuity amount as advertised, or the prize won

Published with the jackpot; same as the prize for a one-time prize

Payment
Filing status
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Wages and other income, before the prize

Lump sum after all taxes

$168,557,820

37.0 % of the prize goes to tax: $98,942,180. $64,200,000 is withheld at the claim, the rest is due with the 2026 return.

Prize this year$267,500,000
Federal income tax (top rate reached 37 %)$98,942,180
Texas taxnone
Withheld when the prize is paid$64,200,000
Still to pay with the return$34,742,180

Texas has no personal income tax on a lottery prize.

How this is computed

Lottery Tax by State · 2026 federal, state and city tax on lottery prizes · estimate, not tax advice · 1-800-MY-RESET