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 Oregon residents, the state will deduct 8% from your lottery earnings.
| Oregon 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(8%) | $21,168,000 | | Net Lumpsum Payment | $145,569,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,654,325 |
$3,162,431
$692,346 |
$4,799,548 |
| 2 |
$9,087,300 |
$3,322,631
$726,984 |
$5,037,685 |
| 3 |
$9,541,550 |
$3,490,704
$763,324 |
$5,287,522 |
| 4 |
$10,018,800 |
$3,667,286
$801,504 |
$5,550,010 |
| 5 |
$10,519,625 |
$3,852,592
$841,570 |
$5,825,463 |
| 6 |
$11,045,750 |
$4,047,258
$883,660 |
$6,114,832 |
| 7 |
$11,597,750 |
$4,251,498
$927,820 |
$6,418,432 |
| 8 |
$12,177,925 |
$4,466,163
$974,234 |
$6,737,528 |
| 9 |
$12,786,850 |
$4,691,465
$1,022,948 |
$7,072,437 |
| 10 |
$13,426,250 |
$4,928,043
$1,074,100 |
$7,424,107 |
| 11 |
$14,097,275 |
$5,176,322
$1,127,782 |
$7,793,171 |
| 12 |
$14,802,225 |
$5,437,154
$1,184,178 |
$8,180,893 |
| 13 |
$15,542,250 |
$5,710,963
$1,243,380 |
$8,587,907 |
| 14 |
$16,319,650 |
$5,998,601
$1,305,572 |
$9,015,477 |
| 15 |
$17,135,575 |
$6,300,493
$1,370,846 |
$9,464,236 |
| 16 |
$17,992,325 |
$6,617,491
$1,439,386 |
$9,935,448 |
| 17 |
$18,891,625 |
$6,950,232
$1,511,330 |
$10,430,063 |
| 18 |
$19,836,350 |
$7,299,780
$1,586,908 |
$10,949,662 |
| 19 |
$20,828,225 |
$7,666,774
$1,666,258 |
$11,495,193 |
| 20 |
$21,869,550 |
$8,052,064
$1,749,564 |
$12,067,922 |
| 21 |
$22,963,200 |
$8,456,714
$1,837,056 |
$12,669,430 |
| 22 |
$24,111,475 |
$8,881,576
$1,928,918 |
$13,300,981 |
| 23 |
$25,316,675 |
$9,327,500
$2,025,334 |
$13,963,841 |
| 24 |
$26,582,825 |
$9,795,976
$2,126,626 |
$14,660,223 |
| 25 |
$27,911,650 |
$10,287,641
$2,232,932 |
$15,391,077 |
| 26 |
$29,307,750 |
$10,804,198
$2,344,620 |
$16,158,932 |
| 27 |
$30,772,850 |
$11,346,285
$2,461,828 |
$16,964,737 |
| 28 |
$32,311,550 |
$11,915,604
$2,584,924 |
$17,811,022 |
| 29 |
$33,927,300 |
$12,513,431
$2,714,184 |
$18,699,685 |
| 30 |
$35,623,550 |
$13,141,044
$2,849,884 |
$19,632,622 |
|
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