North Carolina Powerball

Latest Powerball results and how much you keep after North Carolina taxes.

Latest Powerball Drawing

Monday, May 25
173248606410

Jackpot: $154M

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

North Carolina Powerball — Take-Home After Taxes

Based on $154M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$154M
Cash value (~55%)$85M
Federal tax (37%)$31M
North Carolina tax (4.50%)$4M
You keep$50M

Annuity (30 Payments)

Full jackpot$154M
Annual payment$5M
Federal withholding (24%)$1M
North Carolina tax$231K
Annual net$4M
30-year total$110M

North Carolina Lottery Information

State tax on winnings

4.50%

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 North Carolina Lottery Website

Frequently Asked Questions

How much is the Powerball jackpot in North Carolina?

The current Powerball jackpot is $154M. Powerball is played in North Carolina 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 North Carolina?

For the lump sum on a $154M jackpot in North Carolina, you'd receive $85M cash, pay approximately $31M in federal taxes and $4M in North Carolina state taxes (4.50%), keeping about $50M.

Where do I buy Powerball tickets in North Carolina?

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

How do I claim a Powerball prize in North Carolina?

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

Does North Carolina tax Powerball winnings?

Yes. North Carolina taxes lottery winnings at 4.50% state income tax, in addition to federal taxes. Use our North Carolina lottery tax calculator to see your exact take-home.

Powerball in North Carolina

North Carolina 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 North Carolina, 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.

North Carolina taxes lottery winnings at 4.50%, 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 North Carolina lottery tax calculator for a precise breakdown based on your specific prize amount.