The jackpot for the MEGA Millions draw on Tue Dec 16, 2025, is projected to be $80 Million, with an option for a cash payout of $36.2 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 Tue Dec 16, 2025 |
|---|
| Draw Date | Tue Dec 16, 2025 | | Projected Jackpot | $80,000,000 | | Cash Value | $36,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $36,200,000 | | Federal Tax(24%) | $8,688,000 | | Additional Federal Tax | $4,666,330 | | State Tax(3.99%) | $1,444,380 | | Net Lumpsum Payment | $21,401,290 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,204,080 |
$405,840
$48,043 |
$750,197 |
| 2 |
$1,264,320 |
$428,129
$50,446 |
$785,745 |
| 3 |
$1,327,520 |
$451,513
$52,968 |
$823,039 |
| 4 |
$1,393,920 |
$476,081
$55,617 |
$862,222 |
| 5 |
$1,463,600 |
$501,862
$58,398 |
$903,340 |
| 6 |
$1,536,800 |
$528,946
$61,318 |
$946,536 |
| 7 |
$1,613,600 |
$557,362
$64,383 |
$991,855 |
| 8 |
$1,694,320 |
$587,229
$67,603 |
$1,039,488 |
| 9 |
$1,779,040 |
$618,575
$70,984 |
$1,089,481 |
| 10 |
$1,868,000 |
$651,490
$74,533 |
$1,141,977 |
| 11 |
$1,961,360 |
$686,034
$78,258 |
$1,197,068 |
| 12 |
$2,059,440 |
$722,323
$82,172 |
$1,254,945 |
| 13 |
$2,162,400 |
$760,418
$86,280 |
$1,315,702 |
| 14 |
$2,270,560 |
$800,438
$90,595 |
$1,379,527 |
| 15 |
$2,384,080 |
$842,440
$95,125 |
$1,446,515 |
| 16 |
$2,503,280 |
$886,544
$99,881 |
$1,516,855 |
| 17 |
$2,628,400 |
$932,838
$104,873 |
$1,590,689 |
| 18 |
$2,759,840 |
$981,471
$110,118 |
$1,668,251 |
| 19 |
$2,897,840 |
$1,032,531
$115,624 |
$1,749,685 |
| 20 |
$3,042,720 |
$1,086,137
$121,405 |
$1,835,178 |
| 21 |
$3,194,880 |
$1,142,436
$127,476 |
$1,924,968 |
| 22 |
$3,354,640 |
$1,201,547
$133,850 |
$2,019,243 |
| 23 |
$3,522,320 |
$1,263,589
$140,541 |
$2,118,190 |
| 24 |
$3,698,480 |
$1,328,768
$147,569 |
$2,222,143 |
| 25 |
$3,883,360 |
$1,397,174
$154,946 |
$2,331,240 |
| 26 |
$4,077,600 |
$1,469,042
$162,696 |
$2,445,862 |
| 27 |
$4,281,440 |
$1,544,463
$170,829 |
$2,566,148 |
| 28 |
$4,495,520 |
$1,623,673
$179,371 |
$2,692,476 |
| 29 |
$4,720,320 |
$1,706,849
$188,341 |
$2,825,130 |
| 30 |
$4,956,320 |
$1,794,169
$197,757 |
$2,964,394 |
|
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