The jackpot for the MEGA Millions draw on Tue Jun 9, 2026, is projected to be $392 Million, with an option for a cash payout of $173.3 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 Tue Jun 9, 2026 |
|---|
| Draw Date | Tue Jun 9, 2026 | | Projected Jackpot | $392,000,000 | | Cash Value | $173,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $173,300,000 | | Federal Tax(24%) | $41,592,000 | | Additional Federal Tax | $22,489,330 | | State Tax(8%) | $13,864,000 | | Net Lumpsum Payment | $95,354,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,899,992 |
$2,143,327
$471,999 |
$3,284,666 |
| 2 |
$6,195,168 |
$2,252,543
$495,613 |
$3,447,012 |
| 3 |
$6,504,848 |
$2,367,124
$520,388 |
$3,617,336 |
| 4 |
$6,830,208 |
$2,487,507
$546,417 |
$3,796,284 |
| 5 |
$7,171,640 |
$2,613,837
$573,731 |
$3,984,072 |
| 6 |
$7,530,320 |
$2,746,549
$602,426 |
$4,181,345 |
| 7 |
$7,906,640 |
$2,885,787
$632,531 |
$4,388,322 |
| 8 |
$8,302,168 |
$3,032,133
$664,173 |
$4,605,862 |
| 9 |
$8,717,296 |
$3,185,730
$697,384 |
$4,834,182 |
| 10 |
$9,153,200 |
$3,347,014
$732,256 |
$5,073,930 |
| 11 |
$9,610,664 |
$3,516,276
$768,853 |
$5,325,535 |
| 12 |
$10,091,256 |
$3,694,095
$807,300 |
$5,589,861 |
| 13 |
$10,595,760 |
$3,880,762
$847,661 |
$5,867,337 |
| 14 |
$11,125,744 |
$4,076,856
$890,060 |
$6,158,828 |
| 15 |
$11,681,992 |
$4,282,667
$934,559 |
$6,464,766 |
| 16 |
$12,266,072 |
$4,498,777
$981,286 |
$6,786,009 |
| 17 |
$12,879,160 |
$4,725,620
$1,030,333 |
$7,123,207 |
| 18 |
$13,523,216 |
$4,963,920
$1,081,857 |
$7,477,439 |
| 19 |
$14,199,416 |
$5,214,114
$1,135,953 |
$7,849,349 |
| 20 |
$14,909,328 |
$5,476,782
$1,192,746 |
$8,239,800 |
| 21 |
$15,654,912 |
$5,752,648
$1,252,393 |
$8,649,871 |
| 22 |
$16,437,736 |
$6,042,293
$1,315,019 |
$9,080,424 |
| 23 |
$17,259,368 |
$6,346,297
$1,380,749 |
$9,532,322 |
| 24 |
$18,122,552 |
$6,665,675
$1,449,804 |
$10,007,073 |
| 25 |
$19,028,464 |
$7,000,862
$1,522,277 |
$10,505,325 |
| 26 |
$19,980,240 |
$7,353,019
$1,598,419 |
$11,028,802 |
| 27 |
$20,979,056 |
$7,722,581
$1,678,324 |
$11,578,151 |
| 28 |
$22,028,048 |
$8,110,708
$1,762,244 |
$12,155,096 |
| 29 |
$23,129,568 |
$8,518,271
$1,850,365 |
$12,760,932 |
| 30 |
$24,285,968 |
$8,946,139
$1,942,877 |
$13,396,952 |
|
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