Lottery Calculators: From Odds to Taxes & Payouts
The lottery can deal with some very large numbers, leading to some complex calculations regarding odds or payouts. Also, the different taxes can be problematic when calculating a precise payout. Here at Lottery Critic, we’ve created our very own calculators to solve all of those issues.
Not quite sure how to calculate lottery combinations to find your chances of winning? Use our lottery odds calculator for an easy solution! It displays all the formulas involved, so you can easily follow along.
Find out how much taxes you need to pay if you win the Powerball jackpot – for both the annuity and cash options. Our tax calculator also displays a payout schedule to show you how much of your winnings you’ll receive each year.
Similarly, you can also compute for your tax liability if you win the Mega Millions jackpot. Our calculator lets you compare taxes for both annuity and lump sum options, and of course, displays a handy payout table for easy reference.
How Our Lottery Calculator Can Help You Play Smarter
These lottery tools are here to help you make better decisions.
For one thing, you can use our odds calculator to find the lotteries with the best chances of winning. Compare the odds between your favorite lottery games, and focus on the ones that show the most potential.
In the event that you do win, you can also use our tax calculators and payout tables to help you plan ahead. We hope you find these helpful, and good luck!