The jackpot for the MEGA Millions draw on Fri Jan 9, 2026, is projected to be $199 Million, with an option for a cash payout of $90.5 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Ohio residents, the state will deduct 3.99% from your lottery earnings.
| Ohio MEGA Millions Jackpot/Cash Option for Fri Jan 9, 2026 |
|---|
| Draw Date | Fri Jan 9, 2026 | | Projected Jackpot | $199,000,000 | | Cash Value | $90,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $90,500,000 | | Federal Tax(24%) | $21,720,000 | | Additional Federal Tax | $11,725,330 | | State Tax(3.99%) | $3,610,950 | | Net Lumpsum Payment | $53,443,720 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,995,149 |
$1,068,536
$119,506 |
$1,807,107 |
| 2 |
$3,144,996 |
$1,123,979
$125,485 |
$1,895,532 |
| 3 |
$3,302,206 |
$1,182,147
$131,758 |
$1,988,301 |
| 4 |
$3,467,376 |
$1,243,260
$138,348 |
$2,085,768 |
| 5 |
$3,640,705 |
$1,307,391
$145,264 |
$2,188,050 |
| 6 |
$3,822,790 |
$1,374,763
$152,529 |
$2,295,498 |
| 7 |
$4,013,830 |
$1,445,447
$160,152 |
$2,408,231 |
| 8 |
$4,214,621 |
$1,519,740
$168,163 |
$2,526,718 |
| 9 |
$4,425,362 |
$1,597,714
$176,572 |
$2,651,076 |
| 10 |
$4,646,650 |
$1,679,591
$185,401 |
$2,781,658 |
| 11 |
$4,878,883 |
$1,765,517
$194,667 |
$2,918,699 |
| 12 |
$5,122,857 |
$1,855,787
$204,402 |
$3,062,668 |
| 13 |
$5,378,970 |
$1,950,549
$214,621 |
$3,213,800 |
| 14 |
$5,648,018 |
$2,050,097
$225,356 |
$3,372,565 |
| 15 |
$5,930,399 |
$2,154,578
$236,623 |
$3,539,198 |
| 16 |
$6,226,909 |
$2,264,287
$248,454 |
$3,714,168 |
| 17 |
$6,538,145 |
$2,379,444
$260,872 |
$3,897,829 |
| 18 |
$6,865,102 |
$2,500,418
$273,918 |
$4,090,766 |
| 19 |
$7,208,377 |
$2,627,430
$287,614 |
$4,293,333 |
| 20 |
$7,568,766 |
$2,760,774
$301,994 |
$4,505,998 |
| 21 |
$7,947,264 |
$2,900,818
$317,096 |
$4,729,350 |
| 22 |
$8,344,667 |
$3,047,857
$332,952 |
$4,963,858 |
| 23 |
$8,761,771 |
$3,202,186
$349,595 |
$5,209,990 |
| 24 |
$9,199,969 |
$3,364,319
$367,079 |
$5,468,571 |
| 25 |
$9,659,858 |
$3,534,478
$385,428 |
$5,739,952 |
| 26 |
$10,143,030 |
$3,713,251
$404,707 |
$6,025,072 |
| 27 |
$10,650,082 |
$3,900,861
$424,938 |
$6,324,283 |
| 28 |
$11,182,606 |
$4,097,895
$446,186 |
$6,638,525 |
| 29 |
$11,741,796 |
$4,304,795
$468,498 |
$6,968,503 |
| 30 |
$12,328,846 |
$4,522,003
$491,921 |
$7,314,922 |
|
|
