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 Oklahoma residents, the state will deduct 4.75% from your lottery earnings.
| Oklahoma 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(4.75%) | $13,167,000 | | Net Lumpsum Payment | $161,508,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,030,600 |
$3,301,652
$428,954 |
$5,299,994 |
| 2 |
$9,482,400 |
$3,468,818
$450,414 |
$5,563,168 |
| 3 |
$9,956,400 |
$3,644,198
$472,929 |
$5,839,273 |
| 4 |
$10,454,400 |
$3,828,458
$496,584 |
$6,129,358 |
| 5 |
$10,977,000 |
$4,021,820
$521,408 |
$6,433,772 |
| 6 |
$11,526,000 |
$4,224,950
$547,485 |
$6,753,565 |
| 7 |
$12,102,000 |
$4,438,070
$574,845 |
$7,089,085 |
| 8 |
$12,707,400 |
$4,662,068
$603,602 |
$7,441,730 |
| 9 |
$13,342,800 |
$4,897,166
$633,783 |
$7,811,851 |
| 10 |
$14,010,000 |
$5,144,030
$665,475 |
$8,200,495 |
| 11 |
$14,710,200 |
$5,403,104
$698,735 |
$8,608,361 |
| 12 |
$15,445,800 |
$5,675,276
$733,676 |
$9,036,848 |
| 13 |
$16,218,000 |
$5,960,990
$770,355 |
$9,486,655 |
| 14 |
$17,029,200 |
$6,261,134
$808,887 |
$9,959,179 |
| 15 |
$17,880,600 |
$6,576,152
$849,329 |
$10,455,119 |
| 16 |
$18,774,600 |
$6,906,932
$891,794 |
$10,975,874 |
| 17 |
$19,713,000 |
$7,254,140
$936,368 |
$11,522,492 |
| 18 |
$20,698,800 |
$7,618,886
$983,193 |
$12,096,721 |
| 19 |
$21,733,800 |
$8,001,836
$1,032,356 |
$12,699,608 |
| 20 |
$22,820,400 |
$8,403,878
$1,083,969 |
$13,332,553 |
| 21 |
$23,961,600 |
$8,826,122
$1,138,176 |
$13,997,302 |
| 22 |
$25,159,800 |
$9,269,456
$1,195,091 |
$14,695,253 |
| 23 |
$26,417,400 |
$9,734,768
$1,254,827 |
$15,427,805 |
| 24 |
$27,738,600 |
$10,223,612
$1,317,584 |
$16,197,404 |
| 25 |
$29,125,200 |
$10,736,654
$1,383,447 |
$17,005,099 |
| 26 |
$30,582,000 |
$11,275,670
$1,452,645 |
$17,853,685 |
| 27 |
$32,110,800 |
$11,841,326
$1,525,263 |
$18,744,211 |
| 28 |
$33,716,400 |
$12,435,398
$1,601,529 |
$19,679,473 |
| 29 |
$35,402,400 |
$13,059,218
$1,681,614 |
$20,661,568 |
| 30 |
$37,172,400 |
$13,714,118
$1,765,689 |
$21,692,593 |
|
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