The jackpot for the MEGA Millions draw on Fri Nov 7, 2025, is projected to be $843 Million, with an option for a cash payout of $391.7 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 7, 2025 |
|---|
| Draw Date | Fri Nov 7, 2025 | | Projected Jackpot | $843,000,000 | | Cash Value | $391,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $391,700,000 | | Federal Tax(24%) | $94,008,000 | | Additional Federal Tax | $50,881,330 | | State Tax(3.99%) | $15,628,830 | | Net Lumpsum Payment | $231,181,840 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,687,993 |
$4,654,888
$506,251 |
$7,526,854 |
| 2 |
$13,322,772 |
$4,889,756
$531,579 |
$7,901,437 |
| 3 |
$13,988,742 |
$5,136,165
$558,151 |
$8,294,426 |
| 4 |
$14,688,432 |
$5,395,050
$586,068 |
$8,707,314 |
| 5 |
$15,422,685 |
$5,666,724
$615,365 |
$9,140,596 |
| 6 |
$16,194,030 |
$5,952,121
$646,142 |
$9,595,767 |
| 7 |
$17,003,310 |
$6,251,555
$678,432 |
$10,073,323 |
| 8 |
$17,853,897 |
$6,566,272
$712,370 |
$10,575,255 |
| 9 |
$18,746,634 |
$6,896,585
$747,991 |
$11,102,058 |
| 10 |
$19,684,050 |
$7,243,429
$785,394 |
$11,655,227 |
| 11 |
$20,667,831 |
$7,607,428
$824,646 |
$12,235,757 |
| 12 |
$21,701,349 |
$7,989,830
$865,884 |
$12,845,635 |
| 13 |
$22,786,290 |
$8,391,258
$909,173 |
$13,485,859 |
| 14 |
$23,926,026 |
$8,812,960
$954,648 |
$14,158,418 |
| 15 |
$25,122,243 |
$9,255,560
$1,002,377 |
$14,864,306 |
| 16 |
$26,378,313 |
$9,720,306
$1,052,495 |
$15,605,512 |
| 17 |
$27,696,765 |
$10,208,133
$1,105,101 |
$16,383,531 |
| 18 |
$29,081,814 |
$10,720,602
$1,160,364 |
$17,200,848 |
| 19 |
$30,535,989 |
$11,258,646
$1,218,386 |
$18,058,957 |
| 20 |
$32,062,662 |
$11,823,515
$1,279,300 |
$18,959,847 |
| 21 |
$33,666,048 |
$12,416,768
$1,343,275 |
$19,906,005 |
| 22 |
$35,349,519 |
$13,039,652
$1,410,446 |
$20,899,421 |
| 23 |
$37,116,447 |
$13,693,416
$1,480,946 |
$21,942,085 |
| 24 |
$38,972,733 |
$14,380,242
$1,555,012 |
$23,037,479 |
| 25 |
$40,920,906 |
$15,101,066
$1,632,744 |
$24,187,096 |
| 26 |
$42,967,710 |
$15,858,383
$1,714,412 |
$25,394,915 |
| 27 |
$45,115,674 |
$16,653,130
$1,800,115 |
$26,662,429 |
| 28 |
$47,371,542 |
$17,487,801
$1,890,125 |
$27,993,616 |
| 29 |
$49,740,372 |
$18,364,268
$1,984,641 |
$29,391,463 |
| 30 |
$52,227,222 |
$19,284,403
$2,083,866 |
$30,858,953 |
|
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