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WinningsTax

Lottery winnings tax in Kentucky

Kentucky taxes lottery winnings as ordinary income at a flat 3.5%.

Updated · 2026 tax rules · How we calculate

$
$
$
$
More options
$

You keep

$37,900

Cash at payout

$38,000

Total tax

$12,100

Due when you file

$100

Form W-2G
Yes

$50,000 is at or above the $2,000 reporting threshold, so the payer files a W-2G with the IRS and gives you a copy.

Federal withholding at payout
$12,000

The payer holds back 24% of winnings over $5,000 and sends it to the IRS. It's a prepayment, not the final tax.

Federal tax on the winnings
$10,350

Winnings are ordinary income stacked on your other $60,000. Your top dollar lands in the 22% bracket.

State tax
$1,750

Kentucky taxes gambling winnings as ordinary income.

Still to pay when you file
$100

Tax owed ($12,100) minus what was withheld ($12,000). Set this aside. A large balance can also mean an underpayment penalty unless you make an estimated payment.

You keep
$37,900

$50,000 minus $12,100 in federal and state tax: an effective rate of 24.2%.

An estimate for 2026, not tax advice. It treats this win as your only gambling income for the year and leaves out local income taxes. Nothing you enter leaves your browser.

The rules

Kentucky tax
Kentucky taxes lottery winnings as ordinary income at a flat 3.5%.[1]
Federal tax form
Lottery prizes of $2,000 or more that are at least 300 times the ticket price are reported on a W-2G. The threshold was $600 before 2026.[2]
Federal withholding
24% is withheld from lottery prizes of more than $5,000 (minus the ticket price). No 300x test applies to lotteries.[4]
Kentucky withholding
No Kentucky withholding requirement for lottery winnings. Tax is due when you file.[5]Unverified
Gambling losses
If you itemize, you can deduct wagering losses allowed under federal law, including the 90% limit, even though Kentucky disallows most other itemized deductions.[6]
Visitors
Kentucky taxes nonresidents on lottery winnings won there, so visitors may need to file a nonresident return.[7]Unverified
Where to play
Kentucky runs a state lottery.[8]

What you keep at different amounts

For a single filer with $60,000 of other income and no gambling losses, living and winning in Kentucky.

WonW-2GWithheldFederal taxState taxYou keep
$1,500No$0$180$53$1,268
$2,000Yes$0$240$70$1,690
$10,000Yes$2,400$1,550$350$8,100
$50,000Yes$12,000$10,350$1,750$37,900
$100,000Yes$24,000$22,114$3,500$74,386

Assumes a $2 ticket price, so the 300x test is met at every amount shown.

Questions

How much is Kentucky tax on lottery winnings?
Kentucky taxes lottery winnings as ordinary income at a flat 3.5%.[1]
Does Kentucky withhold tax from lottery winnings?
Kentucky has no withholding requirement for lottery winnings. Tax is due when you file.[5]Unverified
Do visitors pay Kentucky tax on lottery winnings?
Kentucky taxes nonresidents on lottery winnings won there, so visitors may need to file a nonresident return.[7]Unverified

More for Kentucky

All of Kentucky's gambling tax rules · Lottery in every state

Sources

  1. [1] Tax Foundation, State Individual Income Tax Rates and Brackets, 2026 · checked September 22, 2026
  2. [2] IRS, Instructions for Forms W-2G and 5754 (01/2026) · checked September 22, 2026
  3. [3] Federal Register, REG-113229-25 proposed rule (Apr. 17, 2026) · checked September 22, 2026
  4. [4] 26 U.S. Code § 3402 (withholding) · checked September 22, 2026
  5. [5] KRS 154A.110 Prizes taxable -- Withholdings from prize · checked September 22, 2026
  6. [6] KRS 141.019 Calculation of adjusted gross income and net income (effective July 15, 2026) · checked September 22, 2026
  7. [7] KRS 141.020 Levy of income tax on individuals · checked September 22, 2026
  8. [8] Covers, Legal sports betting in the US · checked September 22, 2026