Indiana Powerball

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

Latest Powerball Drawing

Wednesday, April 8
3161742523

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

Indiana Powerball — Take-Home After Taxes

Based on $200M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$200M
Cash value (60%)$120M
Federal tax (37%)$44M
Indiana tax (3.05%)$4M
You keep$72M

Annuity (30 Payments)

Full jackpot$200M
Annual payment$7M
Federal withholding (24%)$2M
Indiana tax$203K
Annual net$5M
30-year total$146M

Indiana Lottery Information

State tax on winnings

3.05%

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 Indiana Lottery Website

Frequently Asked Questions

How much is the Powerball jackpot in Indiana?

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

How much do you keep from Powerball in Indiana?

For the lump sum on a $200M jackpot in Indiana, you'd receive $120M cash, pay approximately $44M in federal taxes and $4M in Indiana state taxes (3.05%), keeping about $72M.

Where do I buy Powerball tickets in Indiana?

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

How do I claim a Powerball prize in Indiana?

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

Does Indiana tax Powerball winnings?

Yes. Indiana taxes lottery winnings at 3.05% state income tax, in addition to federal taxes. Use our Indiana lottery tax calculator to see your exact take-home.

Powerball in Indiana

Indiana 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 Indiana, 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.

Indiana taxes lottery winnings at 3.05%, which is applied on top of the 37% federal tax rate for top earners. For a large jackpot, the combined effective rate can exceed 50% for lump-sum winners. Use the Indiana lottery tax calculator for a precise breakdown based on your specific prize amount.