Friday’s Mega Millions jackpot has reached a record $970 million, but what the winner will actually take home depends on picking the annuity or the lump sum payment—and, of course, taxes.

The debate between whether to take the lump sum or the annuity is intense, although most winners opt for the lump sum. Remember, if you pick the annuity, you’ll pay taxes each year, on an annually increasing rate schedule. After the 24 percent federal take, the average annuity payment comes out to $24,573,333 per year for 30 years, while the lump sum total comes out to $416,936,000, per USA Mega.

Then there are state taxes to take into consideration. States including California and Delaware levy no tax on lottery earnings, which means you’ll walk away with a lot more money if you live in one of those states than someone from, say, New York.

USA Mega has a breakdown of both lump sum and annuity payment schedules:

Arizona: Five percent state tax for residents

  • Annuity: – $1,616,667 per year (avg. net pay per year: $22,956,666; after 30 payments: $688,699,980)
  • Lump sum: – $27,430,000 (net payout: $389,506,000)

Arkansas: Seven percent state tax

  • Annuity: – $2,263,333 per year (avg. net pay per year: $22,310,000; after 30 payments: $669,300,000)
  • Lump sum: – $38,402,000 (net payout: $378,534,000)

California: No state tax on lottery winnings

Colorado: Four percent state tax

  • Annuity: – $1,293,333 per year (avg. net pay per year: $23,280,000; after 30 payments: $698,400,000)
  • Lump sum: – $21,944,000 (net payout: $394,992,000)

Connecticut: 6.99 percent state tax

  • Annuity: – $2,260,100 (avg. net pay per year: $22,313,233; after 30 payments: $669,396,990)
  • Lump sum: – $38,347,140 (net payout: $378,588,860)

Delaware: No state tax on lottery winnings

Florida: No state tax on lottery winnings

Georgia: Six percent state tax

  • Annuity: – $1,940,000 (avg. net pay per year: $22,633,333; after 30 payments: $678,999,990)
  • Lump sum: – $32,916,000 (net payout: $384,020,000)

Idaho: 7.4 percent state tax

  • Annuity: – $2,392,667 (avg. net pay per year: $22,180,666; after 30 payments: $665,419,980)
  • Lump sum: – $40,596,400 (net payout: $376,339,600)

Illinois: 4.95 percent state tax

  • Annuity: – $1,600,500 (avg. net pay per year: $22,972,833; after 30 payments: $689,184,990)
  • Lump sum: – $27,155,700 (net payout: $389,780,300)

Indiana: 3.4 percent state tax

  • Annuity: – $1,099,333 per year (avg. net pay per year: $23,474,000; after 30 payments: $704,220,000)
  • Lump sum: – $18,652,400 (net payout: $398,283,600)

Iowa: Five percent state tax

  • Annuity: – $1,616,667 per year (avg. net pay per year: $22,956,666; after 30 payments: $688,699,980)
  • Lump sum: – $27,430,000 (net payout: $389,506,000)

Kansas: Five percent state tax

  • Annuity: – $1,616,667 per year (avg. net pay per year: $22,956,666; after 30 payments: $688,699,980)
  • Lump sum: – $27,430,000 (net payout: $389,506,000)

Kentucky: Six percent state tax

  • Annuity: – $1,940,000 (avg. net pay per year: $22,633,333; after 30 payments: $678,999,990)
  • Lump sum: – $32,916,000 (net payout: $384,020,000)

Louisiana: Five percent state tax

  • Annuity: – $1,616,667 per year (avg. net pay per year: $22,956,666; after 30 payments: $688,699,980)
  • Lump sum: – $27,430,000 (net payout: $389,506,000)

Maine: Five percent state tax

  • Annuity: – $1,616,667 per year (avg. net pay per year: $22,956,666; after 30 payments: $688,699,980)
  • Lump sum: – $27,430,000 (net payout: $389,506,000)

Maryland: 8.75 percent state tax for residents

  • Annuity: -$2,829,167 per year (avg. net pay per year: $21,744,166; after 30 payments: $652,324,980)
  • Lump sum: – $48,002,500 (net payout: $368,933,500)

Massachusetts: Five percent state tax

  • Annuity: – $1,616,667 per year (avg. net pay per year: $22,956,666; after 30 payments: $688,699,980)
  • Lump sum: – $27,430,000 (net payout: $389,506,000)

Michigan: 4.25 percent state tax

  • Annuity: – $1,374,167 per year (avg. net pay per year: $23,199,166; after 30 payments: $695,974,980)
  • Lump sum: – $23,315,500 (net payout: $393,620,500)

Minnesota: 7.25 percent state tax

  • Annuity: – $2,344,167 per year (avg. net pay per year: $22,229,166; after 30 payments: $666,874,980)
  • Lump sum: – $39,773,500 (net payout: $377,162,500)

Missouri: Four percent state tax

  • Annuity: – $1,293,333 per year (avg. net pay per year: $23,280,000; after 30 payments: $698,400,000)
  • Lump sum: – $21,944,000 (net payout: $394,992,000)

Montana: 6.9 percent state tax

  • Annuity: – $2,231,000 per year (avg. net pay per year:$22,342,333; after 30 payments:$670,269,990)
  • Lump sum: – $37,853,400 (net payout: $379,082,600)

Nebraska: Five percent state tax

  • Annuity: – $1,616,667 per year (avg. net pay per year: $22,956,666; after 30 payments: $688,699,980)
  • Lump sum: – $27,430,000 (net payout: $389,506,000)

New Hampshire: No tax on lottery winnings

New Jersey: Eight percent state tax

  • Annuity: – $2,586,667 per year (avg. net pay per year: $21,986,666; after 30 payments: $659,599,980)
  • Lump sum: – $43,888,000 (net payout: $373,048,000)

New Mexico: Six percent state tax

  • Annuity: – $1,940,000 (avg. net pay per year: $22,633,333; after 30 payments: $678,999,990)
  • Lump sum: – $32,916,000 (net payout: $384,020,000)

New York: 8.82 percent state tax

  • Annuity: -$2,851,800 per year (avg. net pay per year:$21,721,533; after 30 payments: $651,645,990)
  • Lump sum: -$48,386,520 (net payout: $368,549,480)
  • New York City and Yonkers levy an additional tax of 3.876 percent and 1.323 percent, respectively

North Carolina: 5.499 percent state tax

  • Annuity: -$$1,778,010 per year (avg. net pay per year: $22,795,323; after 30 payments: $683,859,690)
  • Lump sum: – $30,167,514 (net payout: $386,768,486)

North Dakota: 2.9 percent state tax

  • Annuity: – $937,667 per year (avg. net pay per year: $16,823,333; after 30 payments: $709,069,980)
  • Lump sum: – $15,909,400 (net payout: $401,026,600)

Ohio: Four percent state tax

  • Annuity: – $1,293,333 per year (avg. net pay per year: $23,635,666; after 30 payments: $709,069,980)
  • Lump sum: – $21,944,000 (net payout: $394,992,000)

Oklahoma: Four percent state tax

  • Annuity: – $1,293,333 per year (avg. net pay per year: $23,280,000; after 30 payments: $698,400,000)
  • Lump sum: – $21,944,000 (net payout: $394,992,000)

Oregon: Eight percent state tax

  • Annuity: – $2,586,667 per year (avg. net pay per year: $21,986,666; after 30 payments:  $659,599,980)
  • Lump sum: – $43,888,000 (net payout: $373,048,000)

Pennsylvania: 3.07% state tax

  • Annuity: -$716,333 per year (avg. net pay per year: $16,783,667; after 30 payments: $503,510,010)
  • Lump sum: -$13,609,310 (net payout: $318,865,690)

Puerto Rico: No state or federal taxes on income

Rhode Island: 5.99 percent state tax

  • Annuity: – $1,936,767 per year (avg. net pay per year: $22,636,566; after 30 payments: $679,096,980)
  • Lump sum: – $32,861,140 (net payout: $384,074,860)

South Carolina: Seven percent

  • Annuity: – $2,263,333 per year (avg. net pay per year: $22,310,000; after 30 payments: $669,300,000)
  • Lump sum: – $38,402,000 (net payout: $378,534,000)

South Dakota: No state income tax

Tennessee: No state tax on lottery winnings

Texas: No state income tax

US Virgin Islands: No state tax on lottery winnings

Vermont: Six percent state tax

  • Annuity: – $1,940,000 (avg. net pay per year: $22,633,333; after 30 payments: $678,999,990)
  • Lump sum: – $32,916,000 (net payout: $384,020,000)

Virginia: Four percent state tax

  • Annuity: – $1,293,333 per year (avg. net pay per year: $23,280,000; after 30 payments: $698,400,000)
  • Lump sum: – $21,944,000 (net payout: $394,992,000)

Washington: No state tax on lottery winnings

Washington D.C.: 8.5 percent state tax

  • Annuity: -$2,748,333 per year (avg. net pay per year: $21,825,000; after 30 payments: $654,750,000)
  • Lump sum: – $46,631,000 (net payout: $370,305,000)

West Virginia: 6.5 percent state tax

  • Annuity: – $2,101,667 per year (avg. net pay per year: $22,471,666; after 30 payments: $674,149,980)
  • Lump sum: – $35,659,000 (net payout: $381,277,000)

Wisconsin: 7.65 percent state tax

  • Annuity: – $2,473,500 per year (avg. net pay per year: $22,099,833; after 30 payments: $662,994,990)
  • Lump sum: – $41,967,900 (net payout: $374,968,100)

Wyoming: No state tax on lottery winnings

Update 10/18/18: North Carolina, North Dakota and Oregon’s numbers have been updated.

https://twocents.lifehacker.com/how-much-youll-actually-take-home-from-the-900m-mega-m-1829841029