The $575 million Mega Millions jackpot is the 9th highest ever—here's how much you'd take home after taxes in every U.S. state.

Since the last Mega Millions winner in early June, the jackpot has grown to $575 million, making it the ninth largest ever ahead of Tuesday night's draw.

If you win the lottery, you won't take home the full amount if you match all five white balls and the gold Mega Ball, which has a 1 in 302,575,350 chance of happening.

The payout you choose and income taxes could potentially reduce the jackpot.

Your choice of payout could cut the prize money in half

You have the option to receive the full jackpot amount in an annuity payment over 30 years or take an upfront cash payment that is approximately half of the jackpot. Although the upfront cash payment is less money, it is more frequently chosen because it can be immediately reinvested.

Since your jackpot winnings are considered income, a 24% federal withholding is automatically deducted. However, due to your new tax bracket, you may pay up to 37% on most of your winnings when filing your 2024 tax return.

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In addition to federal income taxes, U.S. states impose income taxes ranging from 2.5% to 10.9% on lottery winnings, reducing your take-home amount. Fortunately, eight states do not charge any income tax on lottery winnings: California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming.

The lump sum and annuity amounts for the actual take-home winnings in every state that participates in Mega Millions and Washington, D.C., are calculated by usamega.com.

Arizona

Lump sum: $172,769,312
Annuity: $349,129,380

Arkansas

Lump sum: $168,772,312
Annuity: $341,079,360

California

Lump sum: $179,906,812
Annuity: $363,504,360

Colorado

Lump sum: $167,344,812
Annuity: $338,204,370

Connecticut

Lump sum: $159,950,362
Annuity: $323,311,860

Delaware

Lump sum: $161,063,812
Annuity: $325,554,360

Florida

Lump sum: $179,906,812
Annuity: $363,504,360

Georgia

Lump sum: $164,232,862
Annuity: $331,936,860

Idaho

Lump sum: $163,647,587
Annuity: $330,758,130

Illinois

Lump sum: $165,774,562
Annuity: $335,041,860

Indiana

Lump sum: $171,199,062
Annuity: $345,966,870

Iowa

Lump sum: $163,633,312
Annuity: $330,729,360

Kansas

Lump sum: $163,633,312
Annuity: $330,729,360

Kentucky

Lump sum: $168,486,812
Annuity: $340,504,380

Louisiana

Lump sum: $166,345,562
Annuity: $336,191,880

Maine

Lump sum: $159,493,562
Annuity: $322,391,880

Maryland

Lump sum: $154,354,562
Annuity: $312,041,880

Massachusetts

Lump sum: $154,211,812
Annuity: $311,754,360

Michigan

Lump sum: $167,773,062
Annuity: $339,066,870

Minnesota

Lump sum: $151,785,062
Annuity: $306,866,880

Mississippi

Lump sum: $166,488,312
Annuity: $336,479,370

Missouri

Lump sum: $165,774,562
Annuity: $335,041,860

Montana

Lump sum: $163,062,312
Annuity: $329,579,370

Nebraska

Lump sum: $163,233,612
Annuity: $329,924,370

New Hampshire

Lump sum: $179,906,812
Annuity: $363,504,360

New Jersey

Lump sum: $149,215,562
Annuity: $301,691,880

New Mexico

Lump sum: $163,062,312
Annuity: $329,579,370

New York

Lump sum: $148,787,312
Annuity: $300,829,380

North Carolina

Lump sum: $167,059,312
Annuity: $337,629,360

North Dakota

Lump sum: $171,627,312
Annuity: $346,829,370

Ohio

Lump sum: $169,914,312
Annuity: $343,379,370

Oklahoma

Lump sum: $166,345,562
Annuity: $336,191,880

Oregon

Lump sum: $151,642,312
Annuity: $306,579,360

Pennsylvania

Lump sum: $171,141,962
Annuity: $345,851,880

Rhode Island

Lump sum: $162,805,362
Annuity: $329,061,870

South Carolina

Lump sum: $161,634,812
Annuity: $326,704,380

South Dakota

Lump sum: $179,906,812
Annuity: $363,504,360

Tennessee

Lump sum: $179,906,812
Annuity: $363,504,360

Texas

Lump sum: $179,906,812
Annuity: $363,504,360

Vermont

Lump sum: $154,925,562
Annuity: $313,191,870

Virginia

Lump sum: $163,490,562
Annuity: $330,441,870

Washington

Lump sum: $179,906,812
Annuity: $363,504,360

Washington, D.C.

Lump sum: $149,215,562
Annuity: $301,691,880

West Virginia

Lump sum: $161,349,312
Annuity: $326,129,370

Wisconsin

Lump sum: $158,066,062
Annuity: $319,516,860

Wyoming

Lump sum: $179,906,812
Annuity: $363,504,360

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