Jackpot Analysis Oregon Mega Millions

Jackpot Analysis for Oregon Mega Millions
The jackpot for the MEGA Millions draw on Fri Jun 27, 2025, is projected to be $348 Million, with an option for a cash payout of $155.5 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 Oregon residents, the state will deduct 8% from your lottery earnings.

Oregon MEGA Millions Jackpot/Cash Option for Fri Jun 27, 2025
Draw DateFri Jun 27, 2025
Projected Jackpot$348,000,000
Cash Value$155,500,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$155,500,000
Federal Tax(24%)$37,320,000
Additional Federal Tax$20,175,330
State Tax(8%)$12,440,000
Net Lumpsum Payment$85,564,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $5,237,748 $1,898,297
$419,020
$2,920,431
2 $5,499,792 $1,995,253
$439,983
$3,064,556
3 $5,774,712 $2,096,974
$461,977
$3,215,761
4 $6,063,552 $2,203,845
$485,084
$3,374,623
5 $6,366,660 $2,315,995
$509,333
$3,541,332
6 $6,685,080 $2,433,810
$534,806
$3,716,464
7 $7,019,160 $2,557,420
$561,533
$3,900,207
8 $7,370,292 $2,687,338
$589,623
$4,093,331
9 $7,738,824 $2,823,695
$619,106
$4,296,023
10 $8,125,800 $2,966,876
$650,064
$4,508,860
11 $8,531,916 $3,117,139
$682,553
$4,732,224
12 $8,958,564 $3,274,999
$716,685
$4,966,880
13 $9,406,440 $3,440,713
$752,515
$5,213,212
14 $9,876,936 $3,614,797
$790,155
$5,471,984
15 $10,370,748 $3,797,507
$829,660
$5,743,581
16 $10,889,268 $3,989,360
$871,141
$6,028,767
17 $11,433,540 $4,190,740
$914,683
$6,328,117
18 $12,005,304 $4,402,293
$960,424
$6,642,587
19 $12,605,604 $4,624,404
$1,008,448
$6,972,752
20 $13,235,832 $4,857,588
$1,058,867
$7,319,377
21 $13,897,728 $5,102,490
$1,111,818
$7,683,420
22 $14,592,684 $5,359,623
$1,167,415
$8,065,646
23 $15,322,092 $5,629,504
$1,225,767
$8,466,821
24 $16,088,388 $5,913,034
$1,287,071
$8,888,283
25 $16,892,616 $6,210,598
$1,351,409
$9,330,609
26 $17,737,560 $6,523,228
$1,419,005
$9,795,327
27 $18,624,264 $6,851,308
$1,489,941
$10,283,015
28 $19,555,512 $7,195,870
$1,564,441
$10,795,201
29 $20,533,392 $7,557,685
$1,642,671
$11,333,036
30 $21,559,992 $7,937,527
$1,724,799
$11,897,666