The jackpot for the MEGA Millions draw on Fri Jun 19, 2026, is projected to be $452 Million, with an option for a cash payout of $201 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 Oregon residents, the state will deduct 8% from your lottery earnings.
| Oregon MEGA Millions Jackpot/Cash Option for Fri Jun 19, 2026 |
|---|
| Draw Date | Fri Jun 19, 2026 | | Projected Jackpot | $452,000,000 | | Cash Value | $201,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $201,000,000 | | Federal Tax(24%) | $48,240,000 | | Additional Federal Tax | $26,090,330 | | State Tax(8%) | $16,080,000 | | Net Lumpsum Payment | $110,589,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,803,052 |
$2,477,460
$544,244 |
$3,781,348 |
| 2 |
$7,143,408 |
$2,603,391
$571,473 |
$3,968,544 |
| 3 |
$7,500,488 |
$2,735,511
$600,039 |
$4,164,938 |
| 4 |
$7,875,648 |
$2,874,320
$630,052 |
$4,371,276 |
| 5 |
$8,269,340 |
$3,019,986
$661,547 |
$4,587,807 |
| 6 |
$8,682,920 |
$3,173,011
$694,634 |
$4,815,275 |
| 7 |
$9,116,840 |
$3,333,561
$729,347 |
$5,053,932 |
| 8 |
$9,572,908 |
$3,502,306
$765,833 |
$5,304,769 |
| 9 |
$10,051,576 |
$3,679,414
$804,126 |
$5,568,036 |
| 10 |
$10,554,200 |
$3,865,384
$844,336 |
$5,844,480 |
| 11 |
$11,081,684 |
$4,060,553
$886,535 |
$6,134,596 |
| 12 |
$11,635,836 |
$4,265,590
$930,867 |
$6,439,379 |
| 13 |
$12,217,560 |
$4,480,828
$977,405 |
$6,759,327 |
| 14 |
$12,828,664 |
$4,706,936
$1,026,293 |
$7,095,435 |
| 15 |
$13,470,052 |
$4,944,250
$1,077,604 |
$7,448,198 |
| 16 |
$14,143,532 |
$5,193,437
$1,131,483 |
$7,818,612 |
| 17 |
$14,850,460 |
$5,455,001
$1,188,037 |
$8,207,422 |
| 18 |
$15,593,096 |
$5,729,776
$1,247,448 |
$8,615,872 |
| 19 |
$16,372,796 |
$6,018,265
$1,309,824 |
$9,044,707 |
| 20 |
$17,191,368 |
$6,321,137
$1,375,309 |
$9,494,922 |
| 21 |
$18,051,072 |
$6,639,227
$1,444,086 |
$9,967,759 |
| 22 |
$18,953,716 |
$6,973,205
$1,516,297 |
$10,464,214 |
| 23 |
$19,901,108 |
$7,323,740
$1,592,089 |
$10,985,279 |
| 24 |
$20,896,412 |
$7,692,003
$1,671,713 |
$11,532,696 |
| 25 |
$21,940,984 |
$8,078,494
$1,755,279 |
$12,107,211 |
| 26 |
$23,038,440 |
$8,484,553
$1,843,075 |
$12,710,812 |
| 27 |
$24,190,136 |
$8,910,681
$1,935,211 |
$13,344,244 |
| 28 |
$25,399,688 |
$9,358,215
$2,031,975 |
$14,009,498 |
| 29 |
$26,669,808 |
$9,828,159
$2,133,585 |
$14,708,064 |
| 30 |
$28,003,208 |
$10,321,517
$2,240,257 |
$15,441,434 |
|
|
