Mississippi Lottery
Mississippi Lottery Tax Calculator
Mississippi taxes nothing on the first $10,000 of income and 4% above it in 2026 — dropping to 3.75% in 2027 — and its Lottery withholds state and federal tax from prizes of $600 or more.
Verified · tax year 2026
Mississippi prize — results
Take-home
89.2% kept of $50,000
Annuity · 30 payments
Year 1 — → year 30 —
| Cash received | $50,000 |
|---|---|
| Federal income tax | −$3,820 |
| Tax to Mississippi | $0 |
| Mississippi tax | −$1,600 |
| Local income tax | $0 |
| You keep | $44,580 |
| Federal withholding (24%) | −$12,000 |
|---|---|
| State withholding | not published |
| Check you receive | $38,000 |
| Still owed when you file | −$6,580 |
Data: IRS Rev. Proc. 2025-32 · state agencies, verified · what this leaves out
A rate on its way down
The Department of Revenue publishes the schedule through 2027: 4.4% above $10,000 for 2025, 4% for 2026 and 3.75% for 2027. On a $50,000 prize won in 2026 by a filer with no other income, Mississippi tax is $1,600. The same prize won in 2027 would cost $1,500 at 3.75% under the published rate.
Withholding and privacy
The Mississippi Lottery withholds applicable state and federal taxes from individual prizes of $600 or more, though it does not print the state percentage; the calculator shows it as unpublished. Mississippi’s lottery law lets winners keep their identity private: the Lottery will not disclose who holds a winning ticket without written permission. Spouses on a combined return each get their own $10,000 zero band, which this calculator does not split.
Mississippi at a glance
| State income tax on winnings | Up to 4% |
|---|---|
| Rate table used | 2026 |
| Lottery | Mississippi Lottery |
| State withholding at claim | Rate not published |
| Scheduled change | Mississippi’s rate on income above $10,000 falls to 3.75% for tax year 2027. |
What Mississippi winners should know
- Mississippi taxes nothing on the first $10,000 and 4% above it in 2026; spouses filing a combined return each get their own $10,000 band, which this calculator does not split.
- The Mississippi Lottery will not disclose a winner’s identity without written permission.
Mississippi sources
- Individual Income Tax — Tax Rates — Mississippi Department of Revenue †
- FAQs; How to Claim — Mississippi Lottery †
Agency: Mississippi Department of Revenue. † read through a browser session (why). How the math works.