Oklahoma Lottery
Oklahoma Lottery Tax Calculator
Oklahoma cut its top income tax rate to 4.5% for 2026 and collapsed six brackets into four, with heads of household sharing the married-joint table.
Verified · tax year 2026
Oklahoma prize — results
Take-home
67.5% kept of $1,000,000
Annuity · 30 payments
Year 1 — → year 30 —
| Cash received | $1,000,000 |
|---|---|
| Federal income tax | −$280,251 |
| Tax to Oklahoma | $0 |
| Oklahoma tax | −$44,571 |
| Local income tax | $0 |
| You keep | $675,179 |
| Federal withholding (24%) | −$240,000 |
|---|---|
| State withholding | not published |
| Check you receive | $760,000 |
| Still owed when you file | $84,821 |
Data: IRS Rev. Proc. 2025-32 · state agencies, verified · what this leaves out
The new four-bracket table
House Bill 2764 amended 68 O.S. § 2355 for tax year 2026: single filers pay 0% on the first $3,750, 2.5% on the next $1,150, 3.5% on the next $2,300 and 4.5% on the rest. Married couples, surviving spouses and heads of household double the bands. For a married couple with a $1,000,000 prize and no other income, Oklahoma tax is $44,571; under the old 4.75% top rate it would have been about $2,500 more.
A further cut for later years happens only if the State Board of Equalization certifies the revenue trigger in December 2026.
Withholding not printed
The Oklahoma Lottery’s claim page does not state its state withholding rate, so the calculator leaves it as unpublished and shows the Oklahoma tax as due at filing. Texans who play in Oklahoma pay no home-state tax, but Oklahoma may tax a nonresident’s Oklahoma-source prize; Kansans and Arkansans should check their home credit.
Oklahoma at a glance
| State income tax on winnings | Up to 4.5% |
|---|---|
| Rate table used | 2026 (HB 2764) |
| Lottery | Oklahoma Lottery |
| State withholding at claim | Rate not published |
| Scheduled change | A further rate cut for later years happens only if the State Board of Equalization certifies the revenue trigger in December 2026. |
What Oklahoma winners should know
- HB 2764 collapsed Oklahoma’s six brackets into four for 2026 with a 0% band and a 4.5% top rate (down from 4.75%).
- Heads of household share the married-joint brackets in Oklahoma.
Oklahoma sources
- HB 2764 (2025), enrolled — 68 O.S. § 2355(D) — Oklahoma Legislature
Agency: Oklahoma Tax Commission. † read through a browser session (why). How the math works.
Neighboring states
Arkansas · Colorado · Kansas · Missouri · New Mexico · Texas