Does Florida tax lottery winnings?
No. Florida has no personal income tax, so it takes nothing from a lottery prize and nothing is withheld for the state; only federal tax applies. Florida's constitution effectively rules out a state income tax on residents: Article VII, Section 5 caps any tax on the income of natural persons at what federal law lets them credit, which in practice is nothing (Fla. Const. art. VII, § 5).
Source: Tax Foundation, 2026 state income tax rates, checked October 1, 2026.
Florida Powerball payout after taxes
With nothing owed to the state, a single winner in Florida keeps about $121,262,000 from the $467 Million Powerball jackpot's $192.4 Million cash option, and about $87,998,000 from the $345 Million Mega Millions jackpot's $139.6 Million cash option, or $218,849,993 over 30 annual payments.
How much is $1 million after taxes in Florida?
About $680,000, the same as anywhere without a state lottery tax: $320,000 of federal tax for a single filer with no other income, of which $240,000 is withheld at the claim.
Claiming in Florida: 60 days to get the cash option, debts deducted first
- Florida draw-game tickets must be claimed within 180 days of the drawing (Florida Lottery).
- To receive the cash option, a Florida jackpot winner must claim within the first 60 days after the drawing (Florida Lottery).
- Prizes of $600 and greater must be claimed at a Florida Lottery district office or headquarters. Every prize on a Powerball or Mega Millions ticket bought in Florida, the jackpot included, is paid in Florida, even if you live in another state (Florida Lottery).
- Before paying a prize of $600 or more, the Florida Lottery deducts any outstanding debt the winner owes a state agency and any court-ordered child support collected through the state; past-due child support is paid first and only the balance goes to the winner (Fla. Stat. § 24.115(4)).
Can you stay anonymous in Florida?
Only in some cases. At least $250,000: name confidential for 90 days after claiming, then public. Street address and phone number remain confidential (source). The guide to what to do if you win the lottery compares the rules in every state.
Billion-dollar jackpots won in Florida
Two of the largest lottery jackpots were sold in Florida. Take-home is for a single Florida resident at 2026 rates.
| Drawing | Jackpot | Lump sum take-home today |
|---|---|---|
| Mega Millions, August 8, 2023 | $1.6 Billion | $500,396,000 |
| Powerball, January 13, 2016Split 3 ways; take-home is for one ticket | $1.59 Billion | $206,586,050 |
Florida compared with neighboring states
$467 Million Powerball jackpot, lump sum, by state of residence. No neighboring state does better: a Florida resident keeps $9,619,960 more than a winner living in Alabama. Alabama does not sell lottery tickets, so residents buy them in a neighboring state.
| State of residence | State & local tax | Lump sum take-home |
|---|---|---|
| Florida | $0 | $121,262,000 |
| Georgia | $9,600,760 | $111,661,240 |
| AlabamaNo lottery sales | $9,619,960 | $111,642,040 |
Assumes the ticket was bought in the state of residence. Taxes on lottery winnings explains what happens when you buy in another state.
Estimates for a single filer with no other income unless noted. Formulas and sources: methodology. Every state's rates: lottery tax by state.