The jackpot for the MEGA Millions draw on Fri Oct 9, 2026, is projected to be $364 Million, with an option for a cash payout of $147.3 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 Fri Oct 9, 2026 |
|---|
| Draw Date | Fri Oct 9, 2026 | | Projected Jackpot | $364,000,000 | | Cash Value | $147,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $147,300,000 | | Federal Tax(24%) | $35,352,000 | | Additional Federal Tax | $19,109,330 | | State Tax(3.99%) | $5,877,270 | | Net Lumpsum Payment | $86,961,400 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,478,564 |
$1,987,399
$218,595 |
$3,272,570 |
| 2 |
$5,752,656 |
$2,088,813
$229,531 |
$3,434,312 |
| 3 |
$6,040,216 |
$2,195,210
$241,005 |
$3,604,001 |
| 4 |
$6,342,336 |
$2,306,995
$253,059 |
$3,782,282 |
| 5 |
$6,659,380 |
$2,424,301
$265,709 |
$3,969,370 |
| 6 |
$6,992,440 |
$2,547,533
$278,998 |
$4,165,909 |
| 7 |
$7,341,880 |
$2,676,826
$292,941 |
$4,372,113 |
| 8 |
$7,709,156 |
$2,812,718
$307,595 |
$4,588,843 |
| 9 |
$8,094,632 |
$2,955,344
$322,976 |
$4,816,312 |
| 10 |
$8,499,400 |
$3,105,108
$339,126 |
$5,055,166 |
| 11 |
$8,924,188 |
$3,262,280
$356,075 |
$5,305,833 |
| 12 |
$9,370,452 |
$3,427,398
$373,881 |
$5,569,173 |
| 13 |
$9,838,920 |
$3,600,731
$392,573 |
$5,845,616 |
| 14 |
$10,331,048 |
$3,782,818
$412,209 |
$6,136,021 |
| 15 |
$10,847,564 |
$3,973,929
$432,818 |
$6,440,817 |
| 16 |
$11,389,924 |
$4,174,602
$454,458 |
$6,760,864 |
| 17 |
$11,959,220 |
$4,385,242
$477,173 |
$7,096,805 |
| 18 |
$12,557,272 |
$4,606,521
$501,035 |
$7,449,716 |
| 19 |
$13,185,172 |
$4,838,844
$526,088 |
$7,820,240 |
| 20 |
$13,844,376 |
$5,082,750
$552,391 |
$8,209,235 |
| 21 |
$14,536,704 |
$5,338,911
$580,014 |
$8,617,779 |
| 22 |
$15,263,612 |
$5,607,867
$609,018 |
$9,046,727 |
| 23 |
$16,026,556 |
$5,890,156
$639,460 |
$9,496,940 |
| 24 |
$16,828,084 |
$6,186,721
$671,441 |
$9,969,922 |
| 25 |
$17,669,288 |
$6,497,967
$705,005 |
$10,466,316 |
| 26 |
$18,553,080 |
$6,824,970
$740,268 |
$10,987,842 |
| 27 |
$19,480,552 |
$7,168,135
$777,274 |
$11,535,143 |
| 28 |
$20,454,616 |
$7,528,538
$816,139 |
$12,109,939 |
| 29 |
$21,477,456 |
$7,906,989
$856,950 |
$12,713,517 |
| 30 |
$22,551,256 |
$8,304,295
$899,795 |
$13,347,166 |
|
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