The jackpot for the MEGA Millions draw on Fri Dec 5, 2025, is projected to be $50 Million, with an option for a cash payout of $23.3 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 Dec 5, 2025 |
|---|
| Draw Date | Fri Dec 5, 2025 | | Projected Jackpot | $50,000,000 | | Cash Value | $23,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $23,300,000 | | Federal Tax(24%) | $5,592,000 | | Additional Federal Tax | $2,989,330 | | State Tax(3.99%) | $929,670 | | Net Lumpsum Payment | $13,789,000 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$752,550 |
$238,774
$30,027 |
$483,749 |
| 2 |
$790,200 |
$252,704
$31,529 |
$505,967 |
| 3 |
$829,700 |
$267,319
$33,105 |
$529,276 |
| 4 |
$871,200 |
$282,674
$34,761 |
$553,765 |
| 5 |
$914,750 |
$298,788
$36,499 |
$579,463 |
| 6 |
$960,500 |
$315,715
$38,324 |
$606,461 |
| 7 |
$1,008,500 |
$333,475
$40,239 |
$634,786 |
| 8 |
$1,058,950 |
$352,142
$42,252 |
$664,556 |
| 9 |
$1,111,900 |
$371,733
$44,365 |
$695,802 |
| 10 |
$1,167,500 |
$392,305
$46,583 |
$728,612 |
| 11 |
$1,225,850 |
$413,895
$48,911 |
$763,044 |
| 12 |
$1,287,150 |
$436,576
$51,357 |
$799,217 |
| 13 |
$1,351,500 |
$460,385
$53,925 |
$837,190 |
| 14 |
$1,419,100 |
$485,397
$56,622 |
$877,081 |
| 15 |
$1,490,050 |
$511,649
$59,453 |
$918,948 |
| 16 |
$1,564,550 |
$539,214
$62,426 |
$962,910 |
| 17 |
$1,642,750 |
$568,148
$65,546 |
$1,009,056 |
| 18 |
$1,724,900 |
$598,543
$68,824 |
$1,057,533 |
| 19 |
$1,811,150 |
$630,456
$72,265 |
$1,108,429 |
| 20 |
$1,901,700 |
$663,959
$75,878 |
$1,161,863 |
| 21 |
$1,996,800 |
$699,146
$79,672 |
$1,217,982 |
| 22 |
$2,096,650 |
$736,091
$83,656 |
$1,276,903 |
| 23 |
$2,201,450 |
$774,867
$87,838 |
$1,338,745 |
| 24 |
$2,311,550 |
$815,604
$92,231 |
$1,403,715 |
| 25 |
$2,427,100 |
$858,357
$96,841 |
$1,471,902 |
| 26 |
$2,548,500 |
$903,275
$101,685 |
$1,543,540 |
| 27 |
$2,675,900 |
$950,413
$106,768 |
$1,618,719 |
| 28 |
$2,809,700 |
$999,919
$112,107 |
$1,697,674 |
| 29 |
$2,950,200 |
$1,051,904
$117,713 |
$1,780,583 |
| 30 |
$3,097,700 |
$1,106,479
$123,598 |
$1,867,623 |
|
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