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 Oregon residents, the state will deduct 8% from your lottery earnings.
| Oregon 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(8%) | $19,536,000 | | Net Lumpsum Payment | $134,349,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,022,183 |
$2,928,538
$641,775 |
$4,451,870 |
| 2 |
$8,423,532 |
$3,077,037
$673,883 |
$4,672,612 |
| 3 |
$8,844,602 |
$3,232,833
$707,568 |
$4,904,201 |
| 4 |
$9,286,992 |
$3,396,517
$742,959 |
$5,147,516 |
| 5 |
$9,751,235 |
$3,568,287
$780,099 |
$5,402,849 |
| 6 |
$10,238,930 |
$3,748,734
$819,114 |
$5,671,082 |
| 7 |
$10,750,610 |
$3,938,056
$860,049 |
$5,952,505 |
| 8 |
$11,288,407 |
$4,137,041
$903,073 |
$6,248,293 |
| 9 |
$11,852,854 |
$4,345,886
$948,228 |
$6,558,740 |
| 10 |
$12,445,550 |
$4,565,184
$995,644 |
$6,884,722 |
| 11 |
$13,067,561 |
$4,795,328
$1,045,405 |
$7,226,828 |
| 12 |
$13,721,019 |
$5,037,107
$1,097,682 |
$7,586,230 |
| 13 |
$14,406,990 |
$5,290,917
$1,152,559 |
$7,963,514 |
| 14 |
$15,127,606 |
$5,557,545
$1,210,208 |
$8,359,853 |
| 15 |
$15,883,933 |
$5,837,386
$1,270,715 |
$8,775,832 |
| 16 |
$16,678,103 |
$6,131,228
$1,334,248 |
$9,212,627 |
| 17 |
$17,511,715 |
$6,439,665
$1,400,937 |
$9,671,113 |
| 18 |
$18,387,434 |
$6,763,681
$1,470,995 |
$10,152,758 |
| 19 |
$19,306,859 |
$7,103,868
$1,544,549 |
$10,658,442 |
| 20 |
$20,272,122 |
$7,461,016
$1,621,770 |
$11,189,336 |
| 21 |
$21,285,888 |
$7,836,109
$1,702,871 |
$11,746,908 |
| 22 |
$22,350,289 |
$8,229,937
$1,788,023 |
$12,332,329 |
| 23 |
$23,467,457 |
$8,643,289
$1,877,397 |
$12,946,771 |
| 24 |
$24,641,123 |
$9,077,546
$1,971,290 |
$13,592,287 |
| 25 |
$25,872,886 |
$9,533,298
$2,069,831 |
$14,269,757 |
| 26 |
$27,167,010 |
$10,012,124
$2,173,361 |
$14,981,525 |
| 27 |
$28,525,094 |
$10,514,615
$2,282,008 |
$15,728,471 |
| 28 |
$29,951,402 |
$11,042,349
$2,396,112 |
$16,512,941 |
| 29 |
$31,449,132 |
$11,596,509
$2,515,931 |
$17,336,692 |
| 30 |
$33,021,482 |
$12,178,279
$2,641,719 |
$18,201,484 |
|
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