The jackpot for the MEGA Millions draw on Tue Oct 14, 2025, is projected to be $600 Million, with an option for a cash payout of $277.2 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 Oct 14, 2025 |
|---|
| Draw Date | Tue Oct 14, 2025 | | Projected Jackpot | $600,000,000 | | Cash Value | $277,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $277,200,000 | | Federal Tax(24%) | $66,528,000 | | Additional Federal Tax | $35,996,330 | | State Tax(3.99%) | $11,060,280 | | Net Lumpsum Payment | $163,615,390 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,030,600 |
$3,301,652
$360,321 |
$5,368,627 |
| 2 |
$9,482,400 |
$3,468,818
$378,348 |
$5,635,234 |
| 3 |
$9,956,400 |
$3,644,198
$397,260 |
$5,914,942 |
| 4 |
$10,454,400 |
$3,828,458
$417,131 |
$6,208,811 |
| 5 |
$10,977,000 |
$4,021,820
$437,982 |
$6,517,198 |
| 6 |
$11,526,000 |
$4,224,950
$459,887 |
$6,841,163 |
| 7 |
$12,102,000 |
$4,438,070
$482,870 |
$7,181,060 |
| 8 |
$12,707,400 |
$4,662,068
$507,025 |
$7,538,307 |
| 9 |
$13,342,800 |
$4,897,166
$532,378 |
$7,913,256 |
| 10 |
$14,010,000 |
$5,144,030
$558,999 |
$8,306,971 |
| 11 |
$14,710,200 |
$5,403,104
$586,937 |
$8,720,159 |
| 12 |
$15,445,800 |
$5,675,276
$616,287 |
$9,154,237 |
| 13 |
$16,218,000 |
$5,960,990
$647,098 |
$9,609,912 |
| 14 |
$17,029,200 |
$6,261,134
$679,465 |
$10,088,601 |
| 15 |
$17,880,600 |
$6,576,152
$713,436 |
$10,591,012 |
| 16 |
$18,774,600 |
$6,906,932
$749,107 |
$11,118,561 |
| 17 |
$19,713,000 |
$7,254,140
$786,549 |
$11,672,311 |
| 18 |
$20,698,800 |
$7,618,886
$825,882 |
$12,254,032 |
| 19 |
$21,733,800 |
$8,001,836
$867,179 |
$12,864,785 |
| 20 |
$22,820,400 |
$8,403,878
$910,534 |
$13,505,988 |
| 21 |
$23,961,600 |
$8,826,122
$956,068 |
$14,179,410 |
| 22 |
$25,159,800 |
$9,269,456
$1,003,876 |
$14,886,468 |
| 23 |
$26,417,400 |
$9,734,768
$1,054,054 |
$15,628,578 |
| 24 |
$27,738,600 |
$10,223,612
$1,106,770 |
$16,408,218 |
| 25 |
$29,125,200 |
$10,736,654
$1,162,095 |
$17,226,451 |
| 26 |
$30,582,000 |
$11,275,670
$1,220,222 |
$18,086,108 |
| 27 |
$32,110,800 |
$11,841,326
$1,281,221 |
$18,988,253 |
| 28 |
$33,716,400 |
$12,435,398
$1,345,284 |
$19,935,718 |
| 29 |
$35,402,400 |
$13,059,218
$1,412,556 |
$20,930,626 |
| 30 |
$37,172,400 |
$13,714,118
$1,483,179 |
$21,975,103 |
|
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