Virginia Lottery
Virginia Lottery Tax Calculator
Virginia taxes nearly every dollar of a lottery prize at 5.75%, withholds only 4%, and — since July 1, 2026 — lets winners claim without their name being released.
Verified · tax year 2026
Virginia prize — results
Take-home
62.3% kept of $1,000,000
Annuity · 30 payments
Year 1 — → year 30 —
| Cash received | $1,000,000 |
|---|---|
| Federal income tax | −$320,000 |
| Tax to Virginia | $0 |
| Virginia tax | −$57,243 |
| Local income tax | $0 |
| You keep | $622,757 |
| Federal withholding (24%) | −$240,000 |
|---|---|
| State withholding | −$40,000 |
| Check you receive | $720,000 |
| Still owed when you file | $97,243 |
Data: IRS Rev. Proc. 2025-32 · state agencies, verified · what this leaves out
Anonymous claims arrive
From July 1, 2026, a new Virginia law allows winners to claim anonymously: the Lottery will not publicly release the winner’s name, hometown or amount won without written permission, though winners may authorize a photo for publicity. Prizes over $100 claimed at a Lottery office are still checked for delinquent debts such as back taxes or child support.
Brackets unchanged since 1990
Code of Virginia § 58.1-320 has taxed income at 2% to $3,000, 3% to $5,000, 5% to $17,000 and 5.75% above since 1990. The 4% the Lottery withholds on prizes over $5,000 is $40,000 on a $1,000,000 prize; the Virginia tax is $57,243. Marylanders and District residents who play in Virginia pay their own jurisdiction’s tax; the District cannot tax its nonresidents.
Virginia at a glance
| State income tax on winnings | Up to 5.75% |
|---|---|
| Rate table used | Since 1990 (Va. Code § 58.1-320) |
| Lottery | Virginia Lottery |
| State withholding at claim | 4% over $5,000 |
What Virginia winners should know
- From July 1, 2026 Virginia lets winners claim anonymously: the Lottery will not release name, hometown or amount without written permission.
- Virginia’s 5.75% top rate has started at $17,000 since 1990, so almost all of a prize is taxed at 5.75% while only 4% is withheld.
- Delinquent debts such as back taxes or child support are taken from prizes over $100 claimed at a Lottery office.
Virginia sources
- Code of Virginia § 58.1-320 — Imposition of tax — Virginia General Assembly
- How to Claim — Virginia Lottery †
Agency: Virginia Department of Taxation. † read through a browser session (why). How the math works.
Neighboring states
Kentucky · Maryland · North Carolina · Tennessee · West Virginia · District of Columbia