The jackpot for the MEGA Millions draw on Tue Mar 10, 2026, is projected to be $533 Million, with an option for a cash payout of $244.2 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 Mar 10, 2026 |
|---|
| Draw Date | Tue Mar 10, 2026 | | Projected Jackpot | $533,000,000 | | Cash Value | $244,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $244,200,000 | | Federal Tax(24%) | $58,608,000 | | Additional Federal Tax | $31,706,330 | | State Tax(3.99%) | $9,743,580 | | Net Lumpsum Payment | $144,142,090 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,022,183 |
$2,928,538
$320,085 |
$4,773,560 |
| 2 |
$8,423,532 |
$3,077,037
$336,099 |
$5,010,396 |
| 3 |
$8,844,602 |
$3,232,833
$352,900 |
$5,258,869 |
| 4 |
$9,286,992 |
$3,396,517
$370,551 |
$5,519,924 |
| 5 |
$9,751,235 |
$3,568,287
$389,074 |
$5,793,874 |
| 6 |
$10,238,930 |
$3,748,734
$408,533 |
$6,081,663 |
| 7 |
$10,750,610 |
$3,938,056
$428,949 |
$6,383,605 |
| 8 |
$11,288,407 |
$4,137,041
$450,407 |
$6,700,959 |
| 9 |
$11,852,854 |
$4,345,886
$472,929 |
$7,034,039 |
| 10 |
$12,445,550 |
$4,565,184
$496,577 |
$7,383,789 |
| 11 |
$13,067,561 |
$4,795,328
$521,396 |
$7,750,837 |
| 12 |
$13,721,019 |
$5,037,107
$547,469 |
$8,136,443 |
| 13 |
$14,406,990 |
$5,290,917
$574,839 |
$8,541,234 |
| 14 |
$15,127,606 |
$5,557,545
$603,591 |
$8,966,470 |
| 15 |
$15,883,933 |
$5,837,386
$633,769 |
$9,412,778 |
| 16 |
$16,678,103 |
$6,131,228
$665,456 |
$9,881,419 |
| 17 |
$17,511,715 |
$6,439,665
$698,717 |
$10,373,333 |
| 18 |
$18,387,434 |
$6,763,681
$733,659 |
$10,890,094 |
| 19 |
$19,306,859 |
$7,103,868
$770,344 |
$11,432,647 |
| 20 |
$20,272,122 |
$7,461,016
$808,858 |
$12,002,248 |
| 21 |
$21,285,888 |
$7,836,109
$849,307 |
$12,600,472 |
| 22 |
$22,350,289 |
$8,229,937
$891,777 |
$13,228,575 |
| 23 |
$23,467,457 |
$8,643,289
$936,352 |
$13,887,816 |
| 24 |
$24,641,123 |
$9,077,546
$983,181 |
$14,580,396 |
| 25 |
$25,872,886 |
$9,533,298
$1,032,328 |
$15,307,260 |
| 26 |
$27,167,010 |
$10,012,124
$1,083,964 |
$16,070,922 |
| 27 |
$28,525,094 |
$10,514,615
$1,138,151 |
$16,872,328 |
| 28 |
$29,951,402 |
$11,042,349
$1,195,061 |
$17,713,992 |
| 29 |
$31,449,132 |
$11,596,509
$1,254,820 |
$18,597,803 |
| 30 |
$33,021,482 |
$12,178,279
$1,317,557 |
$19,525,646 |
|
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