I don't know anything about lattice QCD. Therefore, at first glance it seems to me that lattice QCD should be computationally intractable for all practical purposes.
Let's assume that we only care about the two lightest quark types and their corresponding antiquarks. Then the QCD state should be a joint wavefunction of a certain number of each of the 16 gluons (8 colours times 2 spin states), 12 quarks (2 flavours times 3 colours times 2 spin states), and 12 antiquarks. Except that we also have to sum over all combinations of particle numbers, up to some cutoff where the probability densities become negligibly small.
For example, if there's one of each type of particle, that's 40 particles and each one has 3 coordinates, so our wave function is a function from 120 real numbers to one complex number. Now even if we just divide a volume of space into a $4 \times 4 \times 4$ grid, there are $4^{120}$ possible combinations of inputs to the wave function. So a "solution" for the ground state would have to specify the probability density at $4^{120}$ points. But again, this needs to be summed over all combinations of numbers of particles too, each of which gives an exponent equal to 3 times the total number of particles in the combination.
Anyway, obviously this is not the representation that lattice QCD works with. I am reminded of density functional theory from quantum chemistry, in which the first Hohenberg–Kohn theorem states that all observables of the ground state of the system can be computed from the density functional alone, which is a function mapping 3 spatial coordinates to total electron number density at the corresponding point. It is not necessary to compute the joint wavefunction of all $N$ electrons in the system (which would be a function of $6N$ real numbers, taking into account the two spin states of the electron). Is there some equivalent to this in lattice QCD, e.g., you only need to compute, in each grid cube of the lattice, the number density of each quark flavour, in order to compute e.g. the total energy of the state?