The jackpot for the MEGA Millions draw on Fri Oct 10, 2025, is projected to be $575 Million, with an option for a cash payout of $264.6 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 Oct 10, 2025 |
|---|
| Draw Date | Fri Oct 10, 2025 | | Projected Jackpot | $575,000,000 | | Cash Value | $264,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $264,600,000 | | Federal Tax(24%) | $63,504,000 | | Additional Federal Tax | $34,358,330 | | State Tax(3.99%) | $10,557,540 | | Net Lumpsum Payment | $156,180,130 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,654,325 |
$3,162,431
$345,308 |
$5,146,586 |
| 2 |
$9,087,300 |
$3,322,631
$362,583 |
$5,402,086 |
| 3 |
$9,541,550 |
$3,490,704
$380,708 |
$5,670,138 |
| 4 |
$10,018,800 |
$3,667,286
$399,750 |
$5,951,764 |
| 5 |
$10,519,625 |
$3,852,592
$419,733 |
$6,247,300 |
| 6 |
$11,045,750 |
$4,047,258
$440,725 |
$6,557,767 |
| 7 |
$11,597,750 |
$4,251,498
$462,750 |
$6,883,502 |
| 8 |
$12,177,925 |
$4,466,163
$485,899 |
$7,225,863 |
| 9 |
$12,786,850 |
$4,691,465
$510,195 |
$7,585,190 |
| 10 |
$13,426,250 |
$4,928,043
$535,707 |
$7,962,500 |
| 11 |
$14,097,275 |
$5,176,322
$562,481 |
$8,358,472 |
| 12 |
$14,802,225 |
$5,437,154
$590,609 |
$8,774,462 |
| 13 |
$15,542,250 |
$5,710,963
$620,136 |
$9,211,151 |
| 14 |
$16,319,650 |
$5,998,601
$651,154 |
$9,669,895 |
| 15 |
$17,135,575 |
$6,300,493
$683,709 |
$10,151,373 |
| 16 |
$17,992,325 |
$6,617,491
$717,894 |
$10,656,940 |
| 17 |
$18,891,625 |
$6,950,232
$753,776 |
$11,187,617 |
| 18 |
$19,836,350 |
$7,299,780
$791,470 |
$11,745,100 |
| 19 |
$20,828,225 |
$7,666,774
$831,046 |
$12,330,405 |
| 20 |
$21,869,550 |
$8,052,064
$872,595 |
$12,944,891 |
| 21 |
$22,963,200 |
$8,456,714
$916,232 |
$13,590,254 |
| 22 |
$24,111,475 |
$8,881,576
$962,048 |
$14,267,851 |
| 23 |
$25,316,675 |
$9,327,500
$1,010,135 |
$14,979,040 |
| 24 |
$26,582,825 |
$9,795,976
$1,060,655 |
$15,726,194 |
| 25 |
$27,911,650 |
$10,287,641
$1,113,675 |
$16,510,334 |
| 26 |
$29,307,750 |
$10,804,198
$1,169,379 |
$17,334,173 |
| 27 |
$30,772,850 |
$11,346,285
$1,227,837 |
$18,198,728 |
| 28 |
$32,311,550 |
$11,915,604
$1,289,231 |
$19,106,715 |
| 29 |
$33,927,300 |
$12,513,431
$1,353,699 |
$20,060,170 |
| 30 |
$35,623,550 |
$13,141,044
$1,421,380 |
$21,061,126 |
|
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