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CVO = Cash Value Option * Jackpot estimation for the next drawing will be posted upon approval ** As of 4172013, AP = 30 Annual Payments

Texas is one of 10 states that does not tax lottery winnings at the state level Tuesday's drawing will be held at 10  AP = Annual Payments Click the View link to view Lottery Jackpot Payment Calculation Worksheets for Lotto Texas drawings To view PDF files, Adobe

info poker Lottery winnings are considered taxable income for federal tax purposes and your winnings are taxed the same as your wages or salary Most prize winners pay a A sole winner in Texas who took the cash option would take home $392,768,000 after paying $124,032,000 in federal taxes