Calculate your lottery winnings after taxes in Tennessee. Get estimated federal and Tennessee tax estimates for your winnings.
Our calculator provides instant estimates of your after-tax lottery winnings in Tennessee based on 2025 federal and state tax rates. Enter your details below to see how much you'll actually keep after taxes are withheld.
Tennessee does not tax lottery winnings, so you'll only pay federal taxes.
Enter your details to calculate your after-tax winnings
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Tennessee does not tax lottery winnings, so you'll only pay the 24% federal withholding tax.
Use our Tennessee lottery tax calculator to estimate your after-tax winnings. Federal taxes apply at a 24% withholding rate only if your winnings exceed $5,000. Since Tennessee does not tax lottery winnings, only federal taxes may apply. Get a clear estimate of your final take-home amount after deductions.
Our calculator simplifies tax estimation in three easy steps:
Choose Tennessee to calculate applicable federal taxes only.
Select lump sum to see how your winnings are taxed all at once.
Input your total winnings and click 'Calculate After-Tax Winnings'to see your estimated after-tax payout.
Tennessee does not impose state taxes on lottery winnings, but federal taxes will still apply. This calculator does not factor in local taxes, which may apply in some areas. For exact details, check with your local tax authority.
This calculator provides an estimate based on federal tax withholding and federal taxes only. Your actual tax liability may vary depending on total income, deductions, and filing status.
Since Tennessee does not tax lottery winnings, you will not owe state taxes there. However, your home state may require you to pay taxes on the winnings.
Lottery winnings are considered taxable income and could push you into a higher federal tax bracket. In Tennessee, you may also owe state taxes if applicable.
No, lottery winnings are classified as ordinary income, not earned income. This distinction is important for tax deductions and eligibility for government programs.
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The content provided by Lottery Valley is for informational purposes only and is not intended to serve as tax, legal, or accounting advice. We recommend consulting a qualified tax professional, attorney, or accountant for personalized guidance regarding your federal and state tax obligations. If you come across any inaccuracies or have corrections to share, please contact us at hello@lotteryvalley.com
