The jackpot for the MEGA Millions draw on Tue Nov 10, 2026, is projected to be $529 Million, with an option for a cash payout of $224.2 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 Nov 10, 2026 |
|---|
| Draw Date | Tue Nov 10, 2026 | | Projected Jackpot | $529,000,000 | | Cash Value | $224,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $224,200,000 | | Federal Tax(24%) | $53,808,000 | | Additional Federal Tax | $29,106,330 | | State Tax(8%) | $17,936,000 | | Net Lumpsum Payment | $123,349,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,961,979 |
$2,906,263
$636,958 |
$4,418,758 |
| 2 |
$8,360,316 |
$3,053,647
$668,825 |
$4,637,844 |
| 3 |
$8,778,226 |
$3,208,274
$702,258 |
$4,867,694 |
| 4 |
$9,217,296 |
$3,370,730
$737,384 |
$5,109,182 |
| 5 |
$9,678,055 |
$3,541,211
$774,244 |
$5,362,600 |
| 6 |
$10,162,090 |
$3,720,304
$812,967 |
$5,628,819 |
| 7 |
$10,669,930 |
$3,908,204
$853,594 |
$5,908,132 |
| 8 |
$11,203,691 |
$4,105,696
$896,295 |
$6,201,700 |
| 9 |
$11,763,902 |
$4,312,974
$941,112 |
$6,509,816 |
| 10 |
$12,352,150 |
$4,530,626
$988,172 |
$6,833,352 |
| 11 |
$12,969,493 |
$4,759,043
$1,037,559 |
$7,172,891 |
| 12 |
$13,618,047 |
$4,999,008
$1,089,444 |
$7,529,595 |
| 13 |
$14,298,870 |
$5,250,912
$1,143,910 |
$7,904,048 |
| 14 |
$15,014,078 |
$5,515,539
$1,201,126 |
$8,297,413 |
| 15 |
$15,764,729 |
$5,793,280
$1,261,178 |
$8,710,271 |
| 16 |
$16,552,939 |
$6,084,918
$1,324,235 |
$9,143,786 |
| 17 |
$17,380,295 |
$6,391,040
$1,390,424 |
$9,598,831 |
| 18 |
$18,249,442 |
$6,712,624
$1,459,955 |
$10,076,863 |
| 19 |
$19,161,967 |
$7,050,258
$1,532,957 |
$10,578,752 |
| 20 |
$20,119,986 |
$7,404,725
$1,609,599 |
$11,105,662 |
| 21 |
$21,126,144 |
$7,777,004
$1,690,092 |
$11,659,048 |
| 22 |
$22,182,557 |
$8,167,876
$1,774,605 |
$12,240,076 |
| 23 |
$23,291,341 |
$8,578,127
$1,863,307 |
$12,849,907 |
| 24 |
$24,456,199 |
$9,009,124
$1,956,496 |
$13,490,579 |
| 25 |
$25,678,718 |
$9,461,456
$2,054,297 |
$14,162,965 |
| 26 |
$26,963,130 |
$9,936,688
$2,157,050 |
$14,869,392 |
| 27 |
$28,311,022 |
$10,435,409
$2,264,882 |
$15,610,731 |
| 28 |
$29,726,626 |
$10,959,182
$2,378,130 |
$16,389,314 |
| 29 |
$31,213,116 |
$11,509,183
$2,497,049 |
$17,206,884 |
| 30 |
$32,773,666 |
$12,086,587
$2,621,893 |
$18,065,186 |
|
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