The jackpot for the MEGA Millions draw on Tue Sep 15, 2026, is projected to be $227 Million, with an option for a cash payout of $96.3 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 Tue Sep 15, 2026 |
|---|
| Draw Date | Tue Sep 15, 2026 | | Projected Jackpot | $227,000,000 | | Cash Value | $96,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $96,300,000 | | Federal Tax(24%) | $23,112,000 | | Additional Federal Tax | $12,479,330 | | State Tax(3.99%) | $3,842,370 | | Net Lumpsum Payment | $56,866,300 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,416,577 |
$1,224,464
$136,321 |
$2,055,792 |
| 2 |
$3,587,508 |
$1,287,708
$143,142 |
$2,156,658 |
| 3 |
$3,766,838 |
$1,354,060
$150,297 |
$2,262,481 |
| 4 |
$3,955,248 |
$1,423,772
$157,814 |
$2,373,662 |
| 5 |
$4,152,965 |
$1,496,927
$165,703 |
$2,490,335 |
| 6 |
$4,360,670 |
$1,573,778
$173,991 |
$2,612,901 |
| 7 |
$4,578,590 |
$1,654,409
$182,686 |
$2,741,495 |
| 8 |
$4,807,633 |
$1,739,155
$191,825 |
$2,876,653 |
| 9 |
$5,048,026 |
$1,828,100
$201,416 |
$3,018,510 |
| 10 |
$5,300,450 |
$1,921,497
$211,488 |
$3,167,465 |
| 11 |
$5,565,359 |
$2,019,513
$222,058 |
$3,323,788 |
| 12 |
$5,843,661 |
$2,122,485
$233,162 |
$3,488,014 |
| 13 |
$6,135,810 |
$2,230,580
$244,819 |
$3,660,411 |
| 14 |
$6,442,714 |
$2,344,135
$257,064 |
$3,841,515 |
| 15 |
$6,764,827 |
$2,463,316
$269,917 |
$4,031,594 |
| 16 |
$7,103,057 |
$2,588,461
$283,412 |
$4,231,184 |
| 17 |
$7,458,085 |
$2,719,822
$297,578 |
$4,440,685 |
| 18 |
$7,831,046 |
$2,857,817
$312,459 |
$4,660,770 |
| 19 |
$8,222,621 |
$3,002,700
$328,083 |
$4,891,838 |
| 20 |
$8,633,718 |
$3,154,806
$344,485 |
$5,134,427 |
| 21 |
$9,065,472 |
$3,314,555
$361,712 |
$5,389,205 |
| 22 |
$9,518,791 |
$3,482,283
$379,800 |
$5,656,708 |
| 23 |
$9,994,583 |
$3,658,326
$398,784 |
$5,937,473 |
| 24 |
$10,494,437 |
$3,843,272
$418,728 |
$6,232,437 |
| 25 |
$11,019,034 |
$4,037,373
$439,659 |
$6,542,002 |
| 26 |
$11,570,190 |
$4,241,301
$461,651 |
$6,867,238 |
| 27 |
$12,148,586 |
$4,455,307
$484,729 |
$7,208,550 |
| 28 |
$12,756,038 |
$4,680,064
$508,966 |
$7,567,008 |
| 29 |
$13,393,908 |
$4,916,076
$534,417 |
$7,943,415 |
| 30 |
$14,063,558 |
$5,163,847
$561,136 |
$8,338,575 |
|
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