The jackpot for the MEGA Millions draw on Fri Sep 5, 2025, is projected to be $336 Million, with an option for a cash payout of $151.3 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 Ohio residents, the state will deduct 3.99% from your lottery earnings.
| Ohio MEGA Millions Jackpot/Cash Option for Fri Sep 5, 2025 |
|---|
| Draw Date | Fri Sep 5, 2025 | | Projected Jackpot | $336,000,000 | | Cash Value | $151,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $151,300,000 | | Federal Tax(24%) | $36,312,000 | | Additional Federal Tax | $19,629,330 | | State Tax(3.99%) | $6,036,870 | | Net Lumpsum Payment | $89,321,800 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,057,136 |
$1,831,471
$201,780 |
$3,023,885 |
| 2 |
$5,310,144 |
$1,925,084
$211,875 |
$3,173,185 |
| 3 |
$5,575,584 |
$2,023,296
$222,466 |
$3,329,822 |
| 4 |
$5,854,464 |
$2,126,482
$233,593 |
$3,494,389 |
| 5 |
$6,147,120 |
$2,234,765
$245,270 |
$3,667,085 |
| 6 |
$6,454,560 |
$2,348,518
$257,537 |
$3,848,505 |
| 7 |
$6,777,120 |
$2,467,865
$270,407 |
$4,038,848 |
| 8 |
$7,116,144 |
$2,593,304
$283,934 |
$4,238,906 |
| 9 |
$7,471,968 |
$2,724,959
$298,132 |
$4,448,877 |
| 10 |
$7,845,600 |
$2,863,202
$313,039 |
$4,669,359 |
| 11 |
$8,237,712 |
$3,008,284
$328,685 |
$4,900,743 |
| 12 |
$8,649,648 |
$3,160,700
$345,121 |
$5,143,827 |
| 13 |
$9,082,080 |
$3,320,700
$362,375 |
$5,399,005 |
| 14 |
$9,536,352 |
$3,488,781
$380,500 |
$5,667,071 |
| 15 |
$10,013,136 |
$3,665,191
$399,524 |
$5,948,421 |
| 16 |
$10,513,776 |
$3,850,428
$419,500 |
$6,243,848 |
| 17 |
$11,039,280 |
$4,044,864
$440,467 |
$6,553,949 |
| 18 |
$11,591,328 |
$4,249,122
$462,494 |
$6,879,712 |
| 19 |
$12,170,928 |
$4,463,574
$485,620 |
$7,221,734 |
| 20 |
$12,779,424 |
$4,688,717
$509,899 |
$7,580,808 |
| 21 |
$13,418,496 |
$4,925,174
$535,398 |
$7,957,924 |
| 22 |
$14,089,488 |
$5,173,441
$562,171 |
$8,353,876 |
| 23 |
$14,793,744 |
$5,434,016
$590,270 |
$8,769,458 |
| 24 |
$15,533,616 |
$5,707,768
$619,791 |
$9,206,057 |
| 25 |
$16,310,112 |
$5,995,072
$650,773 |
$9,664,267 |
| 26 |
$17,125,920 |
$6,296,921
$683,324 |
$10,145,675 |
| 27 |
$17,982,048 |
$6,613,688
$717,484 |
$10,650,876 |
| 28 |
$18,881,184 |
$6,946,368
$753,359 |
$11,181,457 |
| 29 |
$19,825,344 |
$7,295,708
$791,031 |
$11,738,605 |
| 30 |
$20,816,544 |
$7,662,452
$830,580 |
$12,323,512 |
|
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