The jackpot for the MEGA Millions draw on Tue Dec 23, 2025, is projected to be $100 Million, with an option for a cash payout of $45.5 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 Tue Dec 23, 2025 |
|---|
| Draw Date | Tue Dec 23, 2025 | | Projected Jackpot | $100,000,000 | | Cash Value | $45,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $45,500,000 | | Federal Tax(24%) | $10,920,000 | | Additional Federal Tax | $5,875,330 | | State Tax(3.99%) | $1,815,450 | | Net Lumpsum Payment | $26,889,220 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,505,100 |
$517,217
$60,053 |
$927,830 |
| 2 |
$1,580,400 |
$545,078
$63,058 |
$972,264 |
| 3 |
$1,659,400 |
$574,308
$66,210 |
$1,018,882 |
| 4 |
$1,742,400 |
$605,018
$69,522 |
$1,067,860 |
| 5 |
$1,829,500 |
$637,245
$72,997 |
$1,119,258 |
| 6 |
$1,921,000 |
$671,100
$76,648 |
$1,173,252 |
| 7 |
$2,017,000 |
$706,620
$80,478 |
$1,229,902 |
| 8 |
$2,117,900 |
$743,953
$84,504 |
$1,289,443 |
| 9 |
$2,223,800 |
$783,136
$88,730 |
$1,351,934 |
| 10 |
$2,335,000 |
$824,280
$93,167 |
$1,417,553 |
| 11 |
$2,451,700 |
$867,459
$97,823 |
$1,486,418 |
| 12 |
$2,574,300 |
$912,821
$102,715 |
$1,558,764 |
| 13 |
$2,703,000 |
$960,440
$107,850 |
$1,634,710 |
| 14 |
$2,838,200 |
$1,010,464
$113,244 |
$1,714,492 |
| 15 |
$2,980,100 |
$1,062,967
$118,906 |
$1,798,227 |
| 16 |
$3,129,100 |
$1,118,097
$124,851 |
$1,886,152 |
| 17 |
$3,285,500 |
$1,175,965
$131,091 |
$1,978,444 |
| 18 |
$3,449,800 |
$1,236,756
$137,647 |
$2,075,397 |
| 19 |
$3,622,300 |
$1,300,581
$144,530 |
$2,177,189 |
| 20 |
$3,803,400 |
$1,367,588
$151,756 |
$2,284,056 |
| 21 |
$3,993,600 |
$1,437,962
$159,345 |
$2,396,293 |
| 22 |
$4,193,300 |
$1,511,851
$167,313 |
$2,514,136 |
| 23 |
$4,402,900 |
$1,589,403
$175,676 |
$2,637,821 |
| 24 |
$4,623,100 |
$1,670,877
$184,462 |
$2,767,761 |
| 25 |
$4,854,200 |
$1,756,384
$193,683 |
$2,904,133 |
| 26 |
$5,097,000 |
$1,846,220
$203,370 |
$3,047,410 |
| 27 |
$5,351,800 |
$1,940,496
$213,537 |
$3,197,767 |
| 28 |
$5,619,400 |
$2,039,508
$224,214 |
$3,355,678 |
| 29 |
$5,900,400 |
$2,143,478
$235,426 |
$3,521,496 |
| 30 |
$6,195,400 |
$2,252,628
$247,196 |
$3,695,576 |
|
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