The jackpot for the MEGA Millions draw on Fri Nov 6, 2026, is projected to be $505 Million, with an option for a cash payout of $213.3 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 Nov 6, 2026 |
|---|
| Draw Date | Fri Nov 6, 2026 | | Projected Jackpot | $505,000,000 | | Cash Value | $213,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $213,300,000 | | Federal Tax(24%) | $51,192,000 | | Additional Federal Tax | $27,689,330 | | State Tax(3.99%) | $8,510,670 | | Net Lumpsum Payment | $125,908,000 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,600,755 |
$2,772,610
$303,270 |
$4,524,875 |
| 2 |
$7,981,020 |
$2,913,308
$318,443 |
$4,749,269 |
| 3 |
$8,379,970 |
$3,060,919
$334,361 |
$4,984,690 |
| 4 |
$8,799,120 |
$3,216,005
$351,085 |
$5,232,030 |
| 5 |
$9,238,975 |
$3,378,751
$368,635 |
$5,491,589 |
| 6 |
$9,701,050 |
$3,549,719
$387,072 |
$5,764,259 |
| 7 |
$10,185,850 |
$3,729,095
$406,415 |
$6,050,340 |
| 8 |
$10,695,395 |
$3,917,627
$426,746 |
$6,351,022 |
| 9 |
$11,230,190 |
$4,115,501
$448,085 |
$6,666,604 |
| 10 |
$11,791,750 |
$4,323,278
$470,491 |
$6,997,981 |
| 11 |
$12,381,085 |
$4,541,332
$494,005 |
$7,345,748 |
| 12 |
$13,000,215 |
$4,770,410
$518,709 |
$7,711,096 |
| 13 |
$13,650,150 |
$5,010,886
$544,641 |
$8,094,623 |
| 14 |
$14,332,910 |
$5,263,507
$571,883 |
$8,497,520 |
| 15 |
$15,049,505 |
$5,528,647
$600,475 |
$8,920,383 |
| 16 |
$15,801,955 |
$5,807,054
$630,498 |
$9,364,403 |
| 17 |
$16,591,775 |
$6,099,287
$662,012 |
$9,830,476 |
| 18 |
$17,421,490 |
$6,406,282
$695,117 |
$10,320,091 |
| 19 |
$18,292,615 |
$6,728,598
$729,875 |
$10,834,142 |
| 20 |
$19,207,170 |
$7,066,983
$766,366 |
$11,373,821 |
| 21 |
$20,167,680 |
$7,422,372
$804,690 |
$11,940,618 |
| 22 |
$21,176,165 |
$7,795,511
$844,929 |
$12,535,725 |
| 23 |
$22,234,645 |
$8,187,149
$887,162 |
$13,160,334 |
| 24 |
$23,346,655 |
$8,598,593
$931,532 |
$13,816,530 |
| 25 |
$24,513,710 |
$9,030,403
$978,097 |
$14,505,210 |
| 26 |
$25,739,850 |
$9,484,075
$1,027,020 |
$15,228,755 |
| 27 |
$27,026,590 |
$9,960,169
$1,078,361 |
$15,988,060 |
| 28 |
$28,377,970 |
$10,460,179
$1,132,281 |
$16,785,510 |
| 29 |
$29,797,020 |
$10,985,228
$1,188,901 |
$17,622,891 |
| 30 |
$31,286,770 |
$11,536,435
$1,248,342 |
$18,501,993 |
|
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