Estimate the first-year and total lottery annuity payments from an advertised jackpot paid out over a series of increasing yearly installments.
First-year gross payment—USD
First-year net payment—USD
Total net payments (all years)—USD
Ad Space — 300×250
About the Lottery Annuity Calculator
Lottery annuities pay the advertised jackpot as a series of graduated yearly installments rather than a single lump sum, with each payment typically increasing by a fixed percentage to help offset inflation over the payout period.
Formula: First Payment = Jackpot ÷ ∑(1+g)i for i = 0 to n−1, where g is the annual increase rate. Later payments equal the first payment compounded by that same rate each year.
Because annuity payments are taxed as ordinary income in the year received, this calculator applies a flat combined tax rate to estimate net proceeds — actual withholding depends on your bracket and state of residence.