The jackpot for the MEGA Millions draw on Fri Sep 18, 2026, is projected to be $244 Million, with an option for a cash payout of $103.5 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 Fri Sep 18, 2026 |
|---|
| Draw Date | Fri Sep 18, 2026 | | Projected Jackpot | $244,000,000 | | Cash Value | $103,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $103,500,000 | | Federal Tax(24%) | $24,840,000 | | Additional Federal Tax | $13,415,330 | | State Tax(3.99%) | $4,129,650 | | Net Lumpsum Payment | $61,115,020 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,672,444 |
$1,319,135 $146,531 |
$2,206,778 |
| 2 |
$3,856,176 |
$1,387,116 $153,861 |
$2,315,199 |
| 3 |
$4,048,936 |
$1,458,437 $161,553 |
$2,428,946 |
| 4 |
$4,251,456 |
$1,533,369 $169,633 |
$2,548,454 |
| 5 |
$4,463,980 |
$1,612,003 $178,113 |
$2,673,864 |
| 6 |
$4,687,240 |
$1,694,609 $187,021 |
$2,805,610 |
| 7 |
$4,921,480 |
$1,781,278 $196,367 |
$2,943,835 |
| 8 |
$5,167,676 |
$1,872,371 $206,190 |
$3,089,115 |
| 9 |
$5,426,072 |
$1,967,977 $216,500 |
$3,241,595 |
| 10 |
$5,697,400 |
$2,068,368 $227,326 |
$3,401,706 |
| 11 |
$5,982,148 |
$2,173,725 $238,688 |
$3,569,735 |
| 12 |
$6,281,292 |
$2,284,408 $250,624 |
$3,746,260 |
| 13 |
$6,595,320 |
$2,400,599 $263,153 |
$3,931,568 |
| 14 |
$6,925,208 |
$2,522,657 $276,316 |
$4,126,235 |
| 15 |
$7,271,444 |
$2,650,765 $290,131 |
$4,330,548 |
| 16 |
$7,635,004 |
$2,785,282 $304,637 |
$4,545,085 |
| 17 |
$8,016,620 |
$2,926,480 $319,863 |
$4,770,277 |
| 18 |
$8,417,512 |
$3,074,810 $335,859 |
$5,006,843 |
| 19 |
$8,838,412 |
$3,230,543 $352,653 |
$5,255,216 |
| 20 |
$9,280,296 |
$3,394,040 $370,284 |
$5,515,972 |
| 21 |
$9,744,384 |
$3,565,752 $388,801 |
$5,789,831 |
| 22 |
$10,231,652 |
$3,746,042 $408,243 |
$6,077,367 |
| 23 |
$10,743,076 |
$3,935,269 $428,649 |
$6,379,158 |
| 24 |
$11,280,364 |
$4,134,065 $450,087 |
$6,696,212 |
| 25 |
$11,844,248 |
$4,342,702 $472,585 |
$7,028,961 |
| 26 |
$12,436,680 |
$4,561,902 $496,224 |
$7,378,554 |
| 27 |
$13,058,392 |
$4,791,935 $521,030 |
$7,745,427 |
| 28 |
$13,711,336 |
$5,033,525 $547,082 |
$8,130,729 |
| 29 |
$14,396,976 |
$5,287,212 $574,439 |
$8,535,325 |
| 30 |
$15,116,776 |
$5,553,538 $603,159 |
$8,960,079 |
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