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US state tool · Gambling tax by state

Mississippi gambling winnings tax

Pick the state, game and payout. Estimate federal withholding, with state withholding only where our sources print a rate and threshold. This is not your final tax bill.

Data checked 2026-10-15 · whitegambling US database

Tax on a win

CY2026

$2,399.52 withheld (federal)

$7,600.48 remains after federal withholding. State withholding is unknown and may reduce this further. Withholding is a prepayment, not your final tax.

Federal (24%)
$2,399.52
Mississippi
Rate not printed
Form W-2G
Likely

This estimates payout withholding, not your total tax bill. State calculations only cover the quoted lottery rule; residency and other obligations are not modeled.

Mississippi says: “Applicable state and federal taxes are withheld from prizes from individual winning tickets of $600 or more. Taxes on individual prizes less than $600 are the sole responsibility of the person redeeming the ticket.”

Source: Mississippi Lottery FAQs · checked 2026-10-15

Source: IRS — Instructions for Forms W-2G and 5754 (01/2026) · checked 2026-10-12

Federal rules and sources
All states

Information, not legal or tax advice. Laws change; follow the linked official source before you play. "Not published" means our sources do not print the figure, not that it is zero.