The jackpot for the MEGA Millions draw on Tue Apr 28, 2026, is projected to be $163 Million, with an option for a cash payout of $72.9 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 Oregon residents, the state will deduct 8% from your lottery earnings.
| Oregon MEGA Millions Jackpot/Cash Option for Tue Apr 28, 2026 |
|---|
| Draw Date | Tue Apr 28, 2026 | | Projected Jackpot | $163,000,000 | | Cash Value | $72,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $72,900,000 | | Federal Tax(24%) | $17,496,000 | | Additional Federal Tax | $9,437,330 | | State Tax(8%) | $5,832,000 | | Net Lumpsum Payment | $40,134,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,453,313 |
$868,056
$196,265 |
$1,388,992 |
| 2 |
$2,576,052 |
$913,470
$206,084 |
$1,456,498 |
| 3 |
$2,704,822 |
$961,115
$216,386 |
$1,527,321 |
| 4 |
$2,840,112 |
$1,011,172
$227,209 |
$1,601,731 |
| 5 |
$2,982,085 |
$1,063,702
$238,567 |
$1,679,816 |
| 6 |
$3,131,230 |
$1,118,885
$250,498 |
$1,761,847 |
| 7 |
$3,287,710 |
$1,176,783
$263,017 |
$1,847,910 |
| 8 |
$3,452,177 |
$1,237,636
$276,174 |
$1,938,367 |
| 9 |
$3,624,794 |
$1,301,504
$289,984 |
$2,033,306 |
| 10 |
$3,806,050 |
$1,368,569
$304,484 |
$2,132,997 |
| 11 |
$3,996,271 |
$1,438,951
$319,702 |
$2,237,618 |
| 12 |
$4,196,109 |
$1,512,891
$335,689 |
$2,347,529 |
| 13 |
$4,405,890 |
$1,590,510
$352,471 |
$2,462,909 |
| 14 |
$4,626,266 |
$1,672,049
$370,101 |
$2,584,116 |
| 15 |
$4,857,563 |
$1,757,629
$388,605 |
$2,711,329 |
| 16 |
$5,100,433 |
$1,847,491
$408,035 |
$2,844,907 |
| 17 |
$5,355,365 |
$1,941,815
$428,429 |
$2,985,121 |
| 18 |
$5,623,174 |
$2,040,905
$449,854 |
$3,132,415 |
| 19 |
$5,904,349 |
$2,144,940
$472,348 |
$3,287,061 |
| 20 |
$6,199,542 |
$2,254,161
$495,963 |
$3,449,418 |
| 21 |
$6,509,568 |
$2,368,871
$520,765 |
$3,619,932 |
| 22 |
$6,835,079 |
$2,489,310
$546,806 |
$3,798,963 |
| 23 |
$7,176,727 |
$2,615,719
$574,138 |
$3,986,870 |
| 24 |
$7,535,653 |
$2,748,522
$602,852 |
$4,184,279 |
| 25 |
$7,912,346 |
$2,887,898
$632,988 |
$4,391,460 |
| 26 |
$8,308,110 |
$3,034,331
$664,649 |
$4,609,130 |
| 27 |
$8,723,434 |
$3,188,001
$697,875 |
$4,837,558 |
| 28 |
$9,159,622 |
$3,349,391
$732,770 |
$5,077,461 |
| 29 |
$9,617,652 |
$3,518,862
$769,412 |
$5,329,378 |
| 30 |
$10,098,502 |
$3,696,776
$807,880 |
$5,593,846 |
|
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