The jackpot for the MEGA Millions draw on Tue Sep 8, 2026, is projected to be $193 Million, with an option for a cash payout of $82.8 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 Sep 8, 2026 |
|---|
| Draw Date | Tue Sep 8, 2026 | | Projected Jackpot | $193,000,000 | | Cash Value | $82,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $82,800,000 | | Federal Tax(24%) | $19,872,000 | | Additional Federal Tax | $10,724,330 | | State Tax(4.75%) | $3,933,000 | | Net Lumpsum Payment | $48,270,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,904,843 |
$1,035,122
$137,980 |
$1,731,741 |
| 2 |
$3,050,172 |
$1,088,894
$144,883 |
$1,816,395 |
| 3 |
$3,202,642 |
$1,145,308
$152,125 |
$1,905,209 |
| 4 |
$3,362,832 |
$1,204,578
$159,735 |
$1,998,519 |
| 5 |
$3,530,935 |
$1,266,776
$167,719 |
$2,096,440 |
| 6 |
$3,707,530 |
$1,332,116
$176,108 |
$2,199,306 |
| 7 |
$3,892,810 |
$1,400,670
$184,908 |
$2,307,232 |
| 8 |
$4,087,547 |
$1,472,723
$194,158 |
$2,420,666 |
| 9 |
$4,291,934 |
$1,548,346
$203,867 |
$2,539,721 |
| 10 |
$4,506,550 |
$1,627,754
$214,061 |
$2,664,735 |
| 11 |
$4,731,781 |
$1,711,089
$224,760 |
$2,795,932 |
| 12 |
$4,968,399 |
$1,798,638
$235,999 |
$2,933,762 |
| 13 |
$5,216,790 |
$1,890,543
$247,798 |
$3,078,449 |
| 14 |
$5,477,726 |
$1,987,089
$260,192 |
$3,230,445 |
| 15 |
$5,751,593 |
$2,088,420
$273,201 |
$3,389,972 |
| 16 |
$6,039,163 |
$2,194,821
$286,860 |
$3,557,482 |
| 17 |
$6,341,015 |
$2,306,506
$301,198 |
$3,733,311 |
| 18 |
$6,658,114 |
$2,423,833
$316,260 |
$3,918,021 |
| 19 |
$6,991,039 |
$2,547,015
$332,074 |
$4,111,950 |
| 20 |
$7,340,562 |
$2,676,338
$348,677 |
$4,315,547 |
| 21 |
$7,707,648 |
$2,812,160
$366,113 |
$4,529,375 |
| 22 |
$8,093,069 |
$2,954,766
$384,421 |
$4,753,882 |
| 23 |
$8,497,597 |
$3,104,441
$403,636 |
$4,989,520 |
| 24 |
$8,922,583 |
$3,261,686
$423,823 |
$5,237,074 |
| 25 |
$9,368,606 |
$3,426,715
$445,009 |
$5,496,882 |
| 26 |
$9,837,210 |
$3,600,098
$467,267 |
$5,769,845 |
| 27 |
$10,328,974 |
$3,782,051
$490,626 |
$6,056,297 |
| 28 |
$10,845,442 |
$3,973,144
$515,158 |
$6,357,140 |
| 29 |
$11,387,772 |
$4,173,806
$540,919 |
$6,673,047 |
| 30 |
$11,957,122 |
$4,384,466
$567,963 |
$7,004,693 |
|
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