Bits & Odds

Powerball $716 Million After Taxes in New Hampshire

The Powerball jackpot for Wednesday, October 28, 2026, 10:59 pm ET, is $716 million, or $307.2 million cash. A single winner in New Hampshire who takes the cash keeps about $193.6 million after federal tax; New Hampshire takes no state tax.

Next drawing · Wednesday, October 28, 2026 10:59 pm ET
Estimated jackpot
$716 million
Cash value
$307.2 million
Cash after tax in New Hampshire
$193.6 million
Annuity, year 1 after tax
$6.8 million

Did anyone win?

Monday, October 26, 2026: ----, Powerball

Nobody matched all five numbers and the Powerball, so the $687 million jackpot rolls to $716 million (cash value $307 million) for Wednesday, October 28, 2026 at 10:59 pm ET.

If nobody wins on Wednesday, past runs put the October 31, 2026 jackpot near $755 million, and a New Hampshire winner would keep about $204.2 million. A projection, not the operator's figure.

Lump sum vs annuity in New Hampshire

One winner, single filer, 2026 federal brackets. New Hampshire takes no state tax (no tax on lottery winnings).

Lump sumAnnuity, 30 years
Before tax$307.2 million$716 million
Federal withheld, 24%−$73.7 million−$171.8 million
New Hampshire withheld$0$0
Paid to you$233.5 million$544.2 million
Federal still due at filing−$39.9 million−$91.6 million
Kept after tax$193.6 million$452.6 million

Federal: 24% withheld, up to 37% owed

The lottery withholds 24% for the IRS before it pays. A jackpot puts almost all of the prize in the 37% bracket, so the federal bill on the cash comes to $113,614,000, 37.0% of it, and the $39,886,000 the withholding missed is due with the return. Set it aside: the cheque is not what you keep.

New Hampshire tax on a Powerball jackpot

New Hampshire takes no state tax on lottery prizes (no tax on lottery winnings). Only federal tax applies. No state leaves a winner more: New Hampshire ties with 8 others with no lottery tax, $33.5 million more than in New York.

Source: New Hampshire Lottery, how to claim, rates checked October 18, 2026. New Hampshire lottery taxes on any prize.

The annuity, year by year

Thirty payments, each 5% bigger than the last, taxed in the year it is paid.

PaymentBefore taxAfter tax in New Hampshire
Year 1$10.8 million$6.8 million
Year 10$16.7 million$10.6 million
Year 20$27.2 million$17.2 million
Year 30$44.4 million$28.0 million

Every state side by side · New Hampshire Powerball: numbers, add-ons, ticket value · Tax calculator for any prize

Powerball after taxes in New Hampshire: questions

How much is the Powerball jackpot after taxes in New Hampshire?
For Wednesday, October 28, 2026, the advertised jackpot is $716 million and the cash value $307.2 million. A single winner in New Hampshire who takes the cash keeps about $193.6 million once the federal bill is paid at filing. The annuity pays about $6.8 million after tax in the first year and $452.6 million over 30 years.
How much tax is taken out of Powerball winnings in New Hampshire?
At the claim, 24% federal: on the $307.2 million cash value that is $73.7 million, leaving a cheque of $233.5 million. A jackpot is taxed at up to 37%, so about $39.9 million more is due with the federal return.
Lump sum or annuity: which keeps more in New Hampshire?
Over 30 years the annuity pays more in total after tax, $452.6 million against $193.6 million for the cash, because the advertised jackpot is the sum of payments that rise 5% a year. The cash is all paid now and could be invested; almost every jackpot winner takes it.
Did anyone win the Powerball jackpot on October 26, 2026?
No. Nobody matched all five numbers and the Powerball, so the $687 million jackpot rolls to $716 million (cash value $307 million) for Wednesday, October 28, 2026 at 10:59 pm ET. The numbers and every prize tier.
Do I pay New Hampshire tax if I live in another state?
New Hampshire takes nothing on a ticket bought here. Your home state may tax the prize too, usually with a credit for tax paid to the state where the ticket was sold. The calculator takes any rate.