New Jersey Powerball

Latest Powerball results and how much you keep after New Jersey taxes.

Latest Powerball Drawing

Wednesday, April 8
3161742523

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

New Jersey Powerball — Take-Home After Taxes

Based on $200M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$200M
Cash value (60%)$120M
Federal tax (37%)$44M
New Jersey tax (8.00%)$10M
You keep$66M

Annuity (30 Payments)

Full jackpot$200M
Annual payment$7M
Federal withholding (24%)$2M
New Jersey tax$533K
Annual net$5M
30-year total$136M

New Jersey Lottery Information

State tax on winnings

8.00%

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 New Jersey Lottery Website

Frequently Asked Questions

How much is the Powerball jackpot in New Jersey?

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

How much do you keep from Powerball in New Jersey?

For the lump sum on a $200M jackpot in New Jersey, you'd receive $120M cash, pay approximately $44M in federal taxes and $10M in New Jersey state taxes (8.00%), keeping about $66M.

Where do I buy Powerball tickets in New Jersey?

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

How do I claim a Powerball prize in New Jersey?

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

Does New Jersey tax Powerball winnings?

Yes. New Jersey taxes lottery winnings at 8.00% state income tax, in addition to federal taxes. Use our New Jersey lottery tax calculator to see your exact take-home.

Powerball in New Jersey

New Jersey 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 New Jersey, 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.

New Jersey taxes lottery winnings at 8.00%, 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 New Jersey lottery tax calculator for a precise breakdown based on your specific prize amount.