The jackpot for the MEGA Millions draw on Tue Sep 16, 2025, is projected to be $400 Million, with an option for a cash payout of $185.8 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 Sep 16, 2025 |
|---|
| Draw Date | Tue Sep 16, 2025 | | Projected Jackpot | $400,000,000 | | Cash Value | $185,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $185,800,000 | | Federal Tax(24%) | $44,592,000 | | Additional Federal Tax | $24,114,330 | | State Tax(3.99%) | $7,413,420 | | Net Lumpsum Payment | $109,680,250 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,020,400 |
$2,187,878
$240,214 |
$3,592,308 |
| 2 |
$6,321,600 |
$2,299,322
$252,232 |
$3,770,046 |
| 3 |
$6,637,600 |
$2,416,242
$264,840 |
$3,956,518 |
| 4 |
$6,969,600 |
$2,539,082
$278,087 |
$4,152,431 |
| 5 |
$7,318,000 |
$2,667,990
$291,988 |
$4,358,022 |
| 6 |
$7,684,000 |
$2,803,410
$306,592 |
$4,573,998 |
| 7 |
$8,068,000 |
$2,945,490
$321,913 |
$4,800,597 |
| 8 |
$8,471,600 |
$3,094,822
$338,017 |
$5,038,761 |
| 9 |
$8,895,200 |
$3,251,554
$354,918 |
$5,288,728 |
| 10 |
$9,340,000 |
$3,416,130
$372,666 |
$5,551,204 |
| 11 |
$9,806,800 |
$3,588,846
$391,291 |
$5,826,663 |
| 12 |
$10,297,200 |
$3,770,294
$410,858 |
$6,116,048 |
| 13 |
$10,812,000 |
$3,960,770
$431,399 |
$6,419,831 |
| 14 |
$11,352,800 |
$4,160,866
$452,977 |
$6,738,957 |
| 15 |
$11,920,400 |
$4,370,878
$475,624 |
$7,073,898 |
| 16 |
$12,516,400 |
$4,591,398
$499,404 |
$7,425,598 |
| 17 |
$13,142,000 |
$4,822,870
$524,366 |
$7,794,764 |
| 18 |
$13,799,200 |
$5,066,034
$550,588 |
$8,182,578 |
| 19 |
$14,489,200 |
$5,321,334
$578,119 |
$8,589,747 |
| 20 |
$15,213,600 |
$5,589,362
$607,023 |
$9,017,215 |
| 21 |
$15,974,400 |
$5,870,858
$637,379 |
$9,466,163 |
| 22 |
$16,773,200 |
$6,166,414
$669,251 |
$9,937,535 |
| 23 |
$17,611,600 |
$6,476,622
$702,703 |
$10,432,275 |
| 24 |
$18,492,400 |
$6,802,518
$737,847 |
$10,952,035 |
| 25 |
$19,416,800 |
$7,144,546
$774,730 |
$11,497,524 |
| 26 |
$20,388,000 |
$7,503,890
$813,481 |
$12,070,629 |
| 27 |
$21,407,200 |
$7,880,994
$854,147 |
$12,672,059 |
| 28 |
$22,477,600 |
$8,277,042
$896,856 |
$13,303,702 |
| 29 |
$23,601,600 |
$8,692,922
$941,704 |
$13,966,974 |
| 30 |
$24,781,600 |
$9,129,522
$988,786 |
$14,663,292 |
|
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