The jackpot for the MEGA Millions draw on Tue Mar 10, 2026, is projected to be $533 Million, with an option for a cash payout of $244.2 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 Oklahoma residents, the state will deduct 4.75% from your lottery earnings.
| Oklahoma MEGA Millions Jackpot/Cash Option for Tue Mar 10, 2026 |
|---|
| Draw Date | Tue Mar 10, 2026 | | Projected Jackpot | $533,000,000 | | Cash Value | $244,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $244,200,000 | | Federal Tax(24%) | $58,608,000 | | Additional Federal Tax | $31,706,330 | | State Tax(4.75%) | $11,599,500 | | Net Lumpsum Payment | $142,286,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,022,183 |
$2,928,538
$381,054 |
$4,712,591 |
| 2 |
$8,423,532 |
$3,077,037
$400,118 |
$4,946,377 |
| 3 |
$8,844,602 |
$3,232,833
$420,119 |
$5,191,650 |
| 4 |
$9,286,992 |
$3,396,517
$441,132 |
$5,449,343 |
| 5 |
$9,751,235 |
$3,568,287
$463,184 |
$5,719,764 |
| 6 |
$10,238,930 |
$3,748,734
$486,349 |
$6,003,847 |
| 7 |
$10,750,610 |
$3,938,056
$510,654 |
$6,301,900 |
| 8 |
$11,288,407 |
$4,137,041
$536,199 |
$6,615,167 |
| 9 |
$11,852,854 |
$4,345,886
$563,011 |
$6,943,957 |
| 10 |
$12,445,550 |
$4,565,184
$591,164 |
$7,289,202 |
| 11 |
$13,067,561 |
$4,795,328
$620,709 |
$7,651,524 |
| 12 |
$13,721,019 |
$5,037,107
$651,748 |
$8,032,164 |
| 13 |
$14,406,990 |
$5,290,917
$684,332 |
$8,431,741 |
| 14 |
$15,127,606 |
$5,557,545
$718,561 |
$8,851,500 |
| 15 |
$15,883,933 |
$5,837,386
$754,487 |
$9,292,060 |
| 16 |
$16,678,103 |
$6,131,228
$792,210 |
$9,754,665 |
| 17 |
$17,511,715 |
$6,439,665
$831,806 |
$10,240,244 |
| 18 |
$18,387,434 |
$6,763,681
$873,403 |
$10,750,350 |
| 19 |
$19,306,859 |
$7,103,868
$917,076 |
$11,285,915 |
| 20 |
$20,272,122 |
$7,461,016
$962,926 |
$11,848,180 |
| 21 |
$21,285,888 |
$7,836,109
$1,011,080 |
$12,438,699 |
| 22 |
$22,350,289 |
$8,229,937
$1,061,639 |
$13,058,713 |
| 23 |
$23,467,457 |
$8,643,289
$1,114,704 |
$13,709,464 |
| 24 |
$24,641,123 |
$9,077,546
$1,170,453 |
$14,393,124 |
| 25 |
$25,872,886 |
$9,533,298
$1,228,962 |
$15,110,626 |
| 26 |
$27,167,010 |
$10,012,124
$1,290,433 |
$15,864,453 |
| 27 |
$28,525,094 |
$10,514,615
$1,354,942 |
$16,655,537 |
| 28 |
$29,951,402 |
$11,042,349
$1,422,692 |
$17,486,361 |
| 29 |
$31,449,132 |
$11,596,509
$1,493,834 |
$18,358,789 |
| 30 |
$33,021,482 |
$12,178,279
$1,568,520 |
$19,274,683 |
|
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