The jackpot for the MEGA Millions draw on Fri Oct 10, 2025, is projected to be $575 Million, with an option for a cash payout of $264.6 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 Oct 10, 2025 |
|---|
| Draw Date | Fri Oct 10, 2025 | | Projected Jackpot | $575,000,000 | | Cash Value | $264,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $264,600,000 | | Federal Tax(24%) | $63,504,000 | | Additional Federal Tax | $34,358,330 | | State Tax(4.75%) | $12,568,500 | | Net Lumpsum Payment | $154,169,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,654,325 |
$3,162,431
$411,080 |
$5,080,814 |
| 2 |
$9,087,300 |
$3,322,631
$431,647 |
$5,333,022 |
| 3 |
$9,541,550 |
$3,490,704
$453,224 |
$5,597,622 |
| 4 |
$10,018,800 |
$3,667,286
$475,893 |
$5,875,621 |
| 5 |
$10,519,625 |
$3,852,592
$499,682 |
$6,167,351 |
| 6 |
$11,045,750 |
$4,047,258
$524,673 |
$6,473,819 |
| 7 |
$11,597,750 |
$4,251,498
$550,893 |
$6,795,359 |
| 8 |
$12,177,925 |
$4,466,163
$578,451 |
$7,133,311 |
| 9 |
$12,786,850 |
$4,691,465
$607,375 |
$7,488,010 |
| 10 |
$13,426,250 |
$4,928,043
$637,747 |
$7,860,460 |
| 11 |
$14,097,275 |
$5,176,322
$669,621 |
$8,251,332 |
| 12 |
$14,802,225 |
$5,437,154
$703,106 |
$8,661,965 |
| 13 |
$15,542,250 |
$5,710,963
$738,257 |
$9,093,030 |
| 14 |
$16,319,650 |
$5,998,601
$775,183 |
$9,545,866 |
| 15 |
$17,135,575 |
$6,300,493
$813,940 |
$10,021,142 |
| 16 |
$17,992,325 |
$6,617,491
$854,635 |
$10,520,199 |
| 17 |
$18,891,625 |
$6,950,232
$897,352 |
$11,044,041 |
| 18 |
$19,836,350 |
$7,299,780
$942,227 |
$11,594,343 |
| 19 |
$20,828,225 |
$7,666,774
$989,341 |
$12,172,110 |
| 20 |
$21,869,550 |
$8,052,064
$1,038,804 |
$12,778,682 |
| 21 |
$22,963,200 |
$8,456,714
$1,090,752 |
$13,415,734 |
| 22 |
$24,111,475 |
$8,881,576
$1,145,295 |
$14,084,604 |
| 23 |
$25,316,675 |
$9,327,500
$1,202,542 |
$14,786,633 |
| 24 |
$26,582,825 |
$9,795,976
$1,262,684 |
$15,524,165 |
| 25 |
$27,911,650 |
$10,287,641
$1,325,803 |
$16,298,206 |
| 26 |
$29,307,750 |
$10,804,198
$1,392,118 |
$17,111,434 |
| 27 |
$30,772,850 |
$11,346,285
$1,461,710 |
$17,964,855 |
| 28 |
$32,311,550 |
$11,915,604
$1,534,799 |
$18,861,147 |
| 29 |
$33,927,300 |
$12,513,431
$1,611,547 |
$19,802,322 |
| 30 |
$35,623,550 |
$13,141,044
$1,692,119 |
$20,790,387 |
|
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