The jackpot for the MEGA Millions draw on Fri Nov 7, 2025, is projected to be $843 Million, with an option for a cash payout of $391.7 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 Oklahoma residents, the state will deduct 4.75% from your lottery earnings.
| Oklahoma MEGA Millions Jackpot/Cash Option for Fri Nov 7, 2025 |
|---|
| Draw Date | Fri Nov 7, 2025 | | Projected Jackpot | $843,000,000 | | Cash Value | $391,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $391,700,000 | | Federal Tax(24%) | $94,008,000 | | Additional Federal Tax | $50,881,330 | | State Tax(4.75%) | $18,605,750 | | Net Lumpsum Payment | $228,204,920 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,687,993 |
$4,654,888
$602,680 |
$7,430,425 |
| 2 |
$13,322,772 |
$4,889,756
$632,832 |
$7,800,184 |
| 3 |
$13,988,742 |
$5,136,165
$664,465 |
$8,188,112 |
| 4 |
$14,688,432 |
$5,395,050
$697,701 |
$8,595,681 |
| 5 |
$15,422,685 |
$5,666,724
$732,578 |
$9,023,383 |
| 6 |
$16,194,030 |
$5,952,121
$769,216 |
$9,472,693 |
| 7 |
$17,003,310 |
$6,251,555
$807,657 |
$9,944,098 |
| 8 |
$17,853,897 |
$6,566,272
$848,060 |
$10,439,565 |
| 9 |
$18,746,634 |
$6,896,585
$890,465 |
$10,959,584 |
| 10 |
$19,684,050 |
$7,243,429
$934,992 |
$11,505,629 |
| 11 |
$20,667,831 |
$7,607,428
$981,722 |
$12,078,681 |
| 12 |
$21,701,349 |
$7,989,830
$1,030,814 |
$12,680,705 |
| 13 |
$22,786,290 |
$8,391,258
$1,082,349 |
$13,312,683 |
| 14 |
$23,926,026 |
$8,812,960
$1,136,486 |
$13,976,580 |
| 15 |
$25,122,243 |
$9,255,560
$1,193,307 |
$14,673,376 |
| 16 |
$26,378,313 |
$9,720,306
$1,252,970 |
$15,405,037 |
| 17 |
$27,696,765 |
$10,208,133
$1,315,596 |
$16,173,036 |
| 18 |
$29,081,814 |
$10,720,602
$1,381,386 |
$16,979,826 |
| 19 |
$30,535,989 |
$11,258,646
$1,450,459 |
$17,826,884 |
| 20 |
$32,062,662 |
$11,823,515
$1,522,976 |
$18,716,171 |
| 21 |
$33,666,048 |
$12,416,768
$1,599,137 |
$19,650,143 |
| 22 |
$35,349,519 |
$13,039,652
$1,679,102 |
$20,630,765 |
| 23 |
$37,116,447 |
$13,693,416
$1,763,031 |
$21,660,000 |
| 24 |
$38,972,733 |
$14,380,242
$1,851,205 |
$22,741,286 |
| 25 |
$40,920,906 |
$15,101,066
$1,943,743 |
$23,876,097 |
| 26 |
$42,967,710 |
$15,858,383
$2,040,966 |
$25,068,361 |
| 27 |
$45,115,674 |
$16,653,130
$2,142,995 |
$26,319,549 |
| 28 |
$47,371,542 |
$17,487,801
$2,250,148 |
$27,633,593 |
| 29 |
$49,740,372 |
$18,364,268
$2,362,668 |
$29,013,436 |
| 30 |
$52,227,222 |
$19,284,403
$2,480,793 |
$30,462,026 |
|
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