Florida Powerball

Latest Powerball results and how much you keep after Florida taxes.

Latest Powerball Drawing

Wednesday, April 8
3161742523

Drawings every Mon, Wed & Sat at 10:59 PM ET · Power Play optional +$1

Florida Powerball — Take-Home After Taxes

Based on $200M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$200M
Cash value (60%)$120M
Federal tax (37%)$44M
Florida tax$0 (no state tax)
You keep$76M

Annuity (30 Payments)

Full jackpot$200M
Annual payment$7M
Federal withholding (24%)$2M
Annual net$5M
30-year total$152M

Florida Lottery Information

State tax on winnings

0% — No state tax

Draw days

Mon, Wed, Sat at 10:59 PM ET

Ticket price

$2 per play (+$1 Power Play)

Jackpot odds

1 in 292,201,338

Official Florida Lottery Website

Frequently Asked Questions

How much is the Powerball jackpot in Florida?

Powerball jackpots start at $20 million and grow until someone wins. Check back after each drawing for the current jackpot amount in Florida.

How much do you keep from Powerball in Florida?

Florida does not tax lottery winnings at the state level. For the lump sum option on a $200M jackpot, you'd receive approximately $120M cash value and keep around $76M after the 37% federal tax. This makes Florida one of the most favorable states for lottery winners.

Where do I buy Powerball tickets in Florida?

Powerball tickets are sold at most convenience stores, gas stations, grocery stores, and other licensed lottery retailers throughout Florida. Tickets cost $2 per play, with an optional $1 Power Play add-on.

How do I claim a Powerball prize in Florida?

Prizes under $600 can typically be claimed at any Florida lottery retailer. Prizes $600 and above must be claimed at a Florida Lottery district office or headquarters. Jackpot winners must contact the Florida Lottery directly. Keep your ticket safe — it is the only proof of your win.

Does Florida tax Powerball winnings?

No. Florida does not have a state income tax on lottery winnings. You will still owe federal income tax (up to 37%), but Florida winners keep significantly more than winners in high-tax states.

Powerball in Florida

Florida residents can purchase Powerball tickets at licensed lottery retailers statewide. Powerball is a multi-state lottery operated by the Multi-State Lottery Association (MUSL), with drawings every Monday, Wednesday, and Saturday at 10:59 PM Eastern Time.

If you win the Powerball jackpot in Florida, you have 60 days from the drawing date to choose between the lump-sum cash option and the annuity. The lump sum pays approximately 60% of the advertised jackpot immediately, while the annuity pays the full amount over 30 years in graduated payments.

Florida is one of the best states to win the lottery because it does not impose a state income tax on lottery winnings. Winners in Florida only owe federal income tax, which can reach 37% at the top bracket. This makes the Florida take-home significantly higher than states like New York (10.9% state tax) or Maryland (8.75%).