Jackpot Analysis Ohio Mega Millions

Jackpot Analysis for Ohio Mega Millions
The jackpot for the MEGA Millions draw on Tue Nov 11, 2025, is projected to be $900 Million, with an option for a cash payout of $415.3 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 Tue Nov 11, 2025
Draw DateTue Nov 11, 2025
Projected Jackpot$900,000,000
Cash Value$415,300,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$415,300,000
Federal Tax(24%)$99,672,000
Additional Federal Tax$53,949,330
State Tax(3.99%)$16,570,470
Net Lumpsum Payment$245,108,200
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $13,545,900 $4,972,313
$540,481
$8,033,106
2 $14,223,600 $5,223,062
$567,522
$8,433,016
3 $14,934,600 $5,486,132
$595,891
$8,852,577
4 $15,681,600 $5,762,522
$625,696
$9,293,382
5 $16,465,500 $6,052,565
$656,973
$9,755,962
6 $17,289,000 $6,357,260
$689,831
$10,241,909
7 $18,153,000 $6,676,940
$724,305
$10,751,755
8 $19,061,100 $7,012,937
$760,538
$11,287,625
9 $20,014,200 $7,365,584
$798,567
$11,850,049
10 $21,015,000 $7,735,880
$838,499
$12,440,621
11 $22,065,300 $8,124,491
$880,405
$13,060,404
12 $23,168,700 $8,532,749
$924,431
$13,711,520
13 $24,327,000 $8,961,320
$970,647
$14,395,033
14 $25,543,800 $9,411,536
$1,019,198
$15,113,066
15 $26,820,900 $9,884,063
$1,070,154
$15,866,683
16 $28,161,900 $10,380,233
$1,123,660
$16,658,007
17 $29,569,500 $10,901,045
$1,179,823
$17,488,632
18 $31,048,200 $11,448,164
$1,238,823
$18,361,213
19 $32,600,700 $12,022,589
$1,300,768
$19,277,343
20 $34,230,600 $12,625,652
$1,365,801
$20,239,147
21 $35,942,400 $13,259,018
$1,434,102
$21,249,280
22 $37,739,700 $13,924,019
$1,505,814
$22,309,867
23 $39,626,100 $14,621,987
$1,581,081
$23,423,032
24 $41,607,900 $15,355,253
$1,660,155
$24,592,492
25 $43,687,800 $16,124,816
$1,743,143
$25,819,841
26 $45,873,000 $16,933,340
$1,830,333
$27,109,327
27 $48,166,200 $17,781,824
$1,921,831
$28,462,545
28 $50,574,600 $18,672,932
$2,017,927
$29,883,741
29 $53,103,600 $19,608,662
$2,118,834
$31,376,104
30 $55,758,600 $20,591,012
$2,224,768
$32,942,820