Minnesota Powerball

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

Latest Powerball Drawing

Saturday, May 23
41641486626

Jackpot: $154M

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

Minnesota Powerball — Take-Home After Taxes

Based on $154M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$154M
Cash value (~55%)$85M
Federal tax (37%)$31M
Minnesota tax (9.85%)$8M
You keep$45M

Annuity (30 Payments)

Full jackpot$154M
Annual payment$5M
Federal withholding (24%)$1M
Minnesota tax$506K
Annual net$3M
30-year total$102M

Minnesota Lottery Information

State tax on winnings

9.85%

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 Minnesota Lottery Website

Frequently Asked Questions

How much is the Powerball jackpot in Minnesota?

The current Powerball jackpot is $154M. Powerball is played in Minnesota along with 44 other states. Drawings are held Monday, Wednesday, and Saturday at 10:59 PM ET.

How much do you keep from Powerball in Minnesota?

For the lump sum on a $154M jackpot in Minnesota, you'd receive $85M cash, pay approximately $31M in federal taxes and $8M in Minnesota state taxes (9.85%), keeping about $45M.

Where do I buy Powerball tickets in Minnesota?

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

How do I claim a Powerball prize in Minnesota?

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

Does Minnesota tax Powerball winnings?

Yes. Minnesota taxes lottery winnings at 9.85% state income tax, in addition to federal taxes. Use our Minnesota lottery tax calculator to see your exact take-home.

Powerball in Minnesota

Minnesota 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 Minnesota, you have 60 days from the drawing date to choose between the lump-sum cash option and the annuity. The lump sum pays approximately 55-60% of the advertised jackpot immediately, while the annuity pays the full amount over 29 years in 30 graduated payments.

Minnesota taxes lottery winnings at 9.85%, 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 Minnesota lottery tax calculator for a precise breakdown based on your specific prize amount.