The jackpot for the MEGA Millions draw on Fri Sep 19, 2025, is projected to be $423 Million, with an option for a cash payout of $196.5 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 Sep 19, 2025 |
|---|
| Draw Date | Fri Sep 19, 2025 | | Projected Jackpot | $423,000,000 | | Cash Value | $196,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $196,500,000 | | Federal Tax(24%) | $47,160,000 | | Additional Federal Tax | $25,505,330 | | State Tax(3.99%) | $7,840,350 | | Net Lumpsum Payment | $115,994,320 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,366,573 |
$2,315,962
$254,026 |
$3,796,585 |
| 2 |
$6,685,092 |
$2,433,814
$266,735 |
$3,984,543 |
| 3 |
$7,019,262 |
$2,557,457
$280,069 |
$4,181,736 |
| 4 |
$7,370,352 |
$2,687,361
$294,077 |
$4,388,914 |
| 5 |
$7,738,785 |
$2,823,681
$308,778 |
$4,606,326 |
| 6 |
$8,125,830 |
$2,966,887
$324,221 |
$4,834,722 |
| 7 |
$8,531,910 |
$3,117,137
$340,423 |
$5,074,350 |
| 8 |
$8,958,717 |
$3,275,056
$357,453 |
$5,326,208 |
| 9 |
$9,406,674 |
$3,440,800
$375,326 |
$5,590,548 |
| 10 |
$9,877,050 |
$3,614,839
$394,094 |
$5,868,117 |
| 11 |
$10,370,691 |
$3,797,486
$413,791 |
$6,159,414 |
| 12 |
$10,889,289 |
$3,989,367
$434,483 |
$6,465,439 |
| 13 |
$11,433,690 |
$4,190,796
$456,204 |
$6,786,690 |
| 14 |
$12,005,586 |
$4,402,397
$479,023 |
$7,124,166 |
| 15 |
$12,605,823 |
$4,624,485
$502,972 |
$7,478,366 |
| 16 |
$13,236,093 |
$4,857,685
$528,120 |
$7,850,288 |
| 17 |
$13,897,665 |
$5,102,466
$554,517 |
$8,240,682 |
| 18 |
$14,592,654 |
$5,359,612
$582,247 |
$8,650,795 |
| 19 |
$15,322,329 |
$5,629,592
$611,361 |
$9,081,376 |
| 20 |
$16,088,382 |
$5,913,032
$641,926 |
$9,533,424 |
| 21 |
$16,892,928 |
$6,210,714
$674,028 |
$10,008,186 |
| 22 |
$17,737,659 |
$6,523,264
$707,733 |
$10,506,662 |
| 23 |
$18,624,267 |
$6,851,309
$743,108 |
$11,029,850 |
| 24 |
$19,555,713 |
$7,195,944
$780,273 |
$11,579,496 |
| 25 |
$20,533,266 |
$7,557,639
$819,277 |
$12,156,350 |
| 26 |
$21,560,310 |
$7,937,645
$860,256 |
$12,762,409 |
| 27 |
$22,638,114 |
$8,336,433
$903,261 |
$13,398,420 |
| 28 |
$23,770,062 |
$8,755,253
$948,425 |
$14,066,384 |
| 29 |
$24,958,692 |
$9,195,046
$995,852 |
$14,767,794 |
| 30 |
$26,206,542 |
$9,656,751
$1,045,641 |
$15,504,150 |
|
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