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 Oklahoma residents, the state will deduct 4.75% from your lottery earnings.
| Oklahoma 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(4.75%) | $2,983,000 | | Net Lumpsum Payment | $36,620,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,107,140 |
$739,972
$100,089 |
$1,267,079 |
| 2 |
$2,212,560 |
$778,978
$105,097 |
$1,328,485 |
| 3 |
$2,323,160 |
$819,900
$110,350 |
$1,392,910 |
| 4 |
$2,439,360 |
$862,894
$115,870 |
$1,460,596 |
| 5 |
$2,561,300 |
$908,011
$121,662 |
$1,531,627 |
| 6 |
$2,689,400 |
$955,408
$127,747 |
$1,606,245 |
| 7 |
$2,823,800 |
$1,005,136
$134,131 |
$1,684,533 |
| 8 |
$2,965,060 |
$1,057,403
$140,840 |
$1,766,817 |
| 9 |
$3,113,320 |
$1,112,259
$147,883 |
$1,853,178 |
| 10 |
$3,269,000 |
$1,169,860
$155,278 |
$1,943,862 |
| 11 |
$3,432,380 |
$1,230,311
$163,038 |
$2,039,031 |
| 12 |
$3,604,020 |
$1,293,818
$171,191 |
$2,139,011 |
| 13 |
$3,784,200 |
$1,360,484
$179,750 |
$2,243,966 |
| 14 |
$3,973,480 |
$1,430,518
$188,740 |
$2,354,222 |
| 15 |
$4,172,140 |
$1,504,022
$198,177 |
$2,469,941 |
| 16 |
$4,380,740 |
$1,581,204
$208,085 |
$2,591,451 |
| 17 |
$4,599,700 |
$1,662,219
$218,486 |
$2,718,995 |
| 18 |
$4,829,720 |
$1,747,327
$229,412 |
$2,852,981 |
| 19 |
$5,071,220 |
$1,836,682
$240,883 |
$2,993,655 |
| 20 |
$5,324,760 |
$1,930,492
$252,926 |
$3,141,342 |
| 21 |
$5,591,040 |
$2,029,015
$265,574 |
$3,296,451 |
| 22 |
$5,870,620 |
$2,132,460
$278,854 |
$3,459,306 |
| 23 |
$6,164,060 |
$2,241,033
$292,793 |
$3,630,234 |
| 24 |
$6,472,340 |
$2,355,096
$307,436 |
$3,809,808 |
| 25 |
$6,795,880 |
$2,474,806
$322,804 |
$3,998,270 |
| 26 |
$7,135,800 |
$2,600,576
$338,951 |
$4,196,273 |
| 27 |
$7,492,520 |
$2,732,563
$355,895 |
$4,404,062 |
| 28 |
$7,867,160 |
$2,871,180
$373,690 |
$4,622,290 |
| 29 |
$8,260,560 |
$3,016,738
$392,377 |
$4,851,445 |
| 30 |
$8,673,560 |
$3,169,548
$411,994 |
$5,092,018 |
|
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