And while it may not be a full $1 million, receiving a check for hundreds of thousands of dollars with no strings attached can be life-changing for a lot of people. Unlike the jackpot winner, these million-dollar prize winners may not have the option to stretch their winnings out over a period of time - they have to take a lump sum.

The million-dollar prize automatically drops to $760,000 after getting taxed at the 24% federal rate, according to Powerball's tax calculator.Īnd unfortunately for winners in New Jersey and New York, that prize will get even smaller after at least a 10% tax - the highest in the country - is levied on the winnings, according to. Those California, Florida and New Hampshire winners are even luckier - they're in three of the eight states that don't charge state taxes on lottery winnings, so while they still won't see the full million or billion-dollar payout after federal taxes, they'll do better than winners in other states. The three $2 million prize winners live in Florida, Pennsylvania and Rhode Island, according to Powerball. The million-dollar winners live in the following states: Three other players won $2 million each with a Power Play - a prize multiplier players can purchase with their ticket for an additional dollar. They were among 36 players across 16 states who matched five numbers to win $1 million during the draw. But seven other California players got lucky too.

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