Does Ohio tax lottery winnings?
Yes. Ohio taxes lottery prizes as ordinary income, at a flat 2.75% in 2026. Ohio withholds 2.75% for state tax when the prize is paid. For a large prize, that covers most of the state tax you will owe.
Many Ohio cities levy a local income tax (not included).
Source: Ohio Revised Code (“two and three-quarters per cent for calendar year 2026 and thereafter”), checked October 5, 2026.
Ohio Powerball payout after taxes
A single winner living in Ohio who takes the cash option on the $467 Million Powerball jackpot keeps about $115,971,716, after about $71,138,000 in federal tax and $5,290,284 in Ohio tax. Recalculated daily.
| Game | Ohio tax (lump sum) | Lump sum take-home | Annuity take-home (30 payments) |
|---|---|---|---|
| Powerball$467 Million jackpot · $192.4 Million cash | $5,290,284 | $115,971,716 | $282,888,983 |
| Mega Millions$345 Million jackpot · $139.6 Million cash | $3,838,284 | $84,159,716 | $209,383,985 |
How much is $1 million after taxes in Ohio?
About $653,216. A single filer with no other income pays about $320,000 in federal tax and $26,784 in Ohio tax on a $1,000,000 prize. When you claim, $267,500 is withheld, and the rest of the tax is due when you file.
| Prize (cash) | Federal tax | Ohio tax | Take-home |
|---|---|---|---|
| $1,000,000 | $320,000 | $26,784 | $653,216 |
| $2,000,000 | $690,000 | $54,284 | $1,255,716 |
| $10,000,000 | $3,650,000 | $274,284 | $6,075,716 |
| $100,000,000 | $36,950,000 | $2,749,284 | $60,300,716 |
| $1,000,000,000 | $369,950,000 | $27,499,284 | $602,550,716 |
Lump sum, single filer with no other income, 2026 federal and Ohio rates. A $2,000,000 prize is the Powerball or Mega Millions match-5 prize with the multiplier.
Claiming in Ohio: 180 days to claim, then 60 days to take the cash
- Ohio draw-game tickets must be cashed within 180 days of the drawing date (Ohio Lottery).
- An Ohio Powerball jackpot winner can choose the cash option for 60 calendar days from presenting the winning ticket to the Ohio Lottery Commission; without a choice, the prize is paid in 30 annual installments (Ohio Adm.Code 3770:1-9-958).
Can you stay anonymous in Ohio?
Only in some cases. A trust may claim; beneficial owners' names, addresses and identifiers are confidential without consent. Individual claims are public (source). The guide to what to do if you win the lottery compares the rules in every state.
Ohio compared with neighboring states
$467 Million Powerball jackpot, lump sum, by state of residence. No neighboring state does better: an Ohio resident keeps $3,982,558 more than a winner living in West Virginia.
| State of residence | State & local tax | Lump sum take-home |
|---|---|---|
| Ohio | $5,290,284 | $115,971,716 |
| Indiana | $5,675,800 | $115,586,200 |
| Pennsylvania | $5,906,680 | $115,355,320 |
| Kentucky | $6,734,000 | $114,528,000 |
| Michigan | $8,177,000 | $113,085,000 |
| West Virginia | $9,272,842 | $111,989,158 |
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.