The jackpot for the MEGA Millions draw on Fri Jun 12, 2026, is projected to be $413 Million, with an option for a cash payout of $182.6 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 Jun 12, 2026 |
|---|
| Draw Date | Fri Jun 12, 2026 | | Projected Jackpot | $413,000,000 | | Cash Value | $182,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $182,600,000 | | Federal Tax(24%) | $43,824,000 | | Additional Federal Tax | $23,698,330 | | State Tax(3.99%) | $7,285,740 | | Net Lumpsum Payment | $107,791,930 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,216,063 |
$2,260,274
$248,021 |
$3,707,768 |
| 2 |
$6,527,052 |
$2,375,340
$260,429 |
$3,891,283 |
| 3 |
$6,853,322 |
$2,496,060
$273,448 |
$4,083,814 |
| 4 |
$7,196,112 |
$2,622,892
$287,125 |
$4,286,095 |
| 5 |
$7,555,835 |
$2,755,989
$301,478 |
$4,498,368 |
| 6 |
$7,933,730 |
$2,895,810
$316,556 |
$4,721,364 |
| 7 |
$8,330,210 |
$3,042,508
$332,375 |
$4,955,327 |
| 8 |
$8,746,927 |
$3,196,693
$349,002 |
$5,201,232 |
| 9 |
$9,184,294 |
$3,358,519
$366,453 |
$5,459,322 |
| 10 |
$9,643,550 |
$3,528,444
$384,778 |
$5,730,328 |
| 11 |
$10,125,521 |
$3,706,773
$404,008 |
$6,014,740 |
| 12 |
$10,631,859 |
$3,894,118
$424,211 |
$6,313,530 |
| 13 |
$11,163,390 |
$4,090,785
$445,419 |
$6,627,186 |
| 14 |
$11,721,766 |
$4,297,384
$467,698 |
$6,956,684 |
| 15 |
$12,307,813 |
$4,514,221
$491,082 |
$7,302,510 |
| 16 |
$12,923,183 |
$4,741,908
$515,635 |
$7,665,640 |
| 17 |
$13,569,115 |
$4,980,903
$541,408 |
$8,046,804 |
| 18 |
$14,247,674 |
$5,231,970
$568,482 |
$8,447,222 |
| 19 |
$14,960,099 |
$5,495,567
$596,908 |
$8,867,624 |
| 20 |
$15,708,042 |
$5,772,306
$626,751 |
$9,308,985 |
| 21 |
$16,493,568 |
$6,062,951
$658,093 |
$9,772,524 |
| 22 |
$17,318,329 |
$6,368,112
$691,001 |
$10,259,216 |
| 23 |
$18,183,977 |
$6,688,402
$725,541 |
$10,770,034 |
| 24 |
$19,093,403 |
$7,024,889
$761,827 |
$11,306,687 |
| 25 |
$20,047,846 |
$7,378,033
$799,909 |
$11,869,904 |
| 26 |
$21,050,610 |
$7,749,056
$839,919 |
$12,461,635 |
| 27 |
$22,102,934 |
$8,138,416
$881,907 |
$13,082,611 |
| 28 |
$23,208,122 |
$8,547,336
$926,004 |
$13,734,782 |
| 29 |
$24,368,652 |
$8,976,732
$972,309 |
$14,419,611 |
| 30 |
$25,587,002 |
$9,427,521
$1,020,921 |
$15,138,560 |
|
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