Texas Powerball
Latest Powerball results and how much you keep after Texas taxes.
Latest Powerball Drawing
Monday, May 25Jackpot: $154M
Drawings every Mon, Wed & Sat at 10:59 PM ET · Power Play optional +$1
Texas Powerball — Take-Home After Taxes
Based on $154M jackpot · Estimated
Cash Lump Sum
Annuity (30 Payments)
Texas 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
National Powerball
Latest results & jackpot
Texas Scratch-Offs
Ranked by odds & prizes
Texas Mega Millions
Tax breakdown & results
Frequently Asked Questions
How much is the Powerball jackpot in Texas?
The current Powerball jackpot is $154M. Powerball is played in Texas 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 Texas?
Texas does not tax lottery winnings at the state level. For the lump sum option on a $154M jackpot, you'd receive approximately $85M cash value and keep around $53M after the 37% federal tax. This makes Texas one of the most favorable states for lottery winners.
Where do I buy Powerball tickets in Texas?
Powerball tickets are sold at most convenience stores, gas stations, grocery stores, and other licensed lottery retailers throughout Texas. Tickets cost $2 per play, with an optional $1 Power Play add-on.
How do I claim a Powerball prize in Texas?
Prizes under $600 can typically be claimed at any Texas lottery retailer. Prizes $600 and above must be claimed at a Texas Lottery district office or headquarters. Jackpot winners must contact the Texas Lottery directly. Keep your ticket safe — it is the only proof of your win.
Does Texas tax Powerball winnings?
No. Texas does not have a state income tax on lottery winnings. You will still owe federal income tax (up to 37%), but Texas winners keep significantly more than winners in high-tax states.
Powerball in Texas
Texas 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 Texas, 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.
Texas is one of the best states to win the lottery because it does not impose a state income tax on lottery winnings. Winners in Texas only owe federal income tax, which can reach 37% at the top bracket. This makes the Texas take-home significantly higher than states like New York (10.9% state tax) or Maryland (8.75%).