The jackpot for the MEGA Millions draw on Tue Nov 4, 2025, is projected to be $800 Million, with an option for a cash payout of $371.7 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 Ohio residents, the state will deduct 3.99% from your lottery earnings.
| Ohio MEGA Millions Jackpot/Cash Option for Tue Nov 4, 2025 |
|---|
| Draw Date | Tue Nov 4, 2025 | | Projected Jackpot | $800,000,000 | | Cash Value | $371,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $371,700,000 | | Federal Tax(24%) | $89,208,000 | | Additional Federal Tax | $48,281,330 | | State Tax(3.99%) | $14,830,830 | | Net Lumpsum Payment | $219,379,840 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$12,040,800 |
$4,415,426
$480,428 |
$7,144,946 |
| 2 |
$12,643,200 |
$4,638,314
$504,464 |
$7,500,422 |
| 3 |
$13,275,200 |
$4,872,154
$529,680 |
$7,873,366 |
| 4 |
$13,939,200 |
$5,117,834
$556,174 |
$8,265,192 |
| 5 |
$14,636,000 |
$5,375,650
$583,976 |
$8,676,374 |
| 6 |
$15,368,000 |
$5,646,490
$613,183 |
$9,108,327 |
| 7 |
$16,136,000 |
$5,930,650
$643,826 |
$9,561,524 |
| 8 |
$16,943,200 |
$6,229,314
$676,034 |
$10,037,852 |
| 9 |
$17,790,400 |
$6,542,778
$709,837 |
$10,537,785 |
| 10 |
$18,680,000 |
$6,871,930
$745,332 |
$11,062,738 |
| 11 |
$19,613,600 |
$7,217,362
$782,583 |
$11,613,655 |
| 12 |
$20,594,400 |
$7,580,258
$821,717 |
$12,192,425 |
| 13 |
$21,624,000 |
$7,961,210
$862,798 |
$12,799,992 |
| 14 |
$22,705,600 |
$8,361,402
$905,953 |
$13,438,245 |
| 15 |
$23,840,800 |
$8,781,426
$951,248 |
$14,108,126 |
| 16 |
$25,032,800 |
$9,222,466
$998,809 |
$14,811,525 |
| 17 |
$26,284,000 |
$9,685,410
$1,048,732 |
$15,549,858 |
| 18 |
$27,598,400 |
$10,171,738
$1,101,176 |
$16,325,486 |
| 19 |
$28,978,400 |
$10,682,338
$1,156,238 |
$17,139,824 |
| 20 |
$30,427,200 |
$11,218,394
$1,214,045 |
$17,994,761 |
| 21 |
$31,948,800 |
$11,781,386
$1,274,757 |
$18,892,657 |
| 22 |
$33,546,400 |
$12,372,498
$1,338,501 |
$19,835,401 |
| 23 |
$35,223,200 |
$12,992,914
$1,405,406 |
$20,824,880 |
| 24 |
$36,984,800 |
$13,644,706
$1,475,694 |
$21,864,400 |
| 25 |
$38,833,600 |
$14,328,762
$1,549,461 |
$22,955,377 |
| 26 |
$40,776,000 |
$15,047,450
$1,626,962 |
$24,101,588 |
| 27 |
$42,814,400 |
$15,801,658
$1,708,295 |
$25,304,447 |
| 28 |
$44,955,200 |
$16,593,754
$1,793,712 |
$26,567,734 |
| 29 |
$47,203,200 |
$17,425,514
$1,883,408 |
$27,894,278 |
| 30 |
$49,563,200 |
$18,298,714
$1,977,572 |
$29,286,914 |
|
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