The jackpot for the MEGA Millions draw on Tue Apr 21, 2026, is projected to be $140 Million, with an option for a cash payout of $62.8 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 Oregon residents, the state will deduct 8% from your lottery earnings.
| Oregon MEGA Millions Jackpot/Cash Option for Tue Apr 21, 2026 |
|---|
| Draw Date | Tue Apr 21, 2026 | | Projected Jackpot | $140,000,000 | | Cash Value | $62,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $62,800,000 | | Federal Tax(24%) | $15,072,000 | | Additional Federal Tax | $8,124,330 | | State Tax(8%) | $5,024,000 | | Net Lumpsum Payment | $34,579,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,107,140 |
$739,972
$168,571 |
$1,198,597 |
| 2 |
$2,212,560 |
$778,978
$177,005 |
$1,256,577 |
| 3 |
$2,323,160 |
$819,900
$185,853 |
$1,317,407 |
| 4 |
$2,439,360 |
$862,894
$195,149 |
$1,381,317 |
| 5 |
$2,561,300 |
$908,011
$204,904 |
$1,448,385 |
| 6 |
$2,689,400 |
$955,408
$215,152 |
$1,518,840 |
| 7 |
$2,823,800 |
$1,005,136
$225,904 |
$1,592,760 |
| 8 |
$2,965,060 |
$1,057,403
$237,205 |
$1,670,452 |
| 9 |
$3,113,320 |
$1,112,259
$249,066 |
$1,751,995 |
| 10 |
$3,269,000 |
$1,169,860
$261,520 |
$1,837,620 |
| 11 |
$3,432,380 |
$1,230,311
$274,590 |
$1,927,479 |
| 12 |
$3,604,020 |
$1,293,818
$288,322 |
$2,021,880 |
| 13 |
$3,784,200 |
$1,360,484
$302,736 |
$2,120,980 |
| 14 |
$3,973,480 |
$1,430,518
$317,878 |
$2,225,084 |
| 15 |
$4,172,140 |
$1,504,022
$333,771 |
$2,334,347 |
| 16 |
$4,380,740 |
$1,581,204
$350,459 |
$2,449,077 |
| 17 |
$4,599,700 |
$1,662,219
$367,976 |
$2,569,505 |
| 18 |
$4,829,720 |
$1,747,327
$386,378 |
$2,696,015 |
| 19 |
$5,071,220 |
$1,836,682
$405,698 |
$2,828,840 |
| 20 |
$5,324,760 |
$1,930,492
$425,981 |
$2,968,287 |
| 21 |
$5,591,040 |
$2,029,015
$447,283 |
$3,114,742 |
| 22 |
$5,870,620 |
$2,132,460
$469,650 |
$3,268,510 |
| 23 |
$6,164,060 |
$2,241,033
$493,125 |
$3,429,902 |
| 24 |
$6,472,340 |
$2,355,096
$517,787 |
$3,599,457 |
| 25 |
$6,795,880 |
$2,474,806
$543,670 |
$3,777,404 |
| 26 |
$7,135,800 |
$2,600,576
$570,864 |
$3,964,360 |
| 27 |
$7,492,520 |
$2,732,563
$599,402 |
$4,160,555 |
| 28 |
$7,867,160 |
$2,871,180
$629,373 |
$4,366,607 |
| 29 |
$8,260,560 |
$3,016,738
$660,845 |
$4,582,977 |
| 30 |
$8,673,560 |
$3,169,548
$693,885 |
$4,810,127 |
|
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