Ohio Lottery

OHLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Apr 21, 2026 is estimated to be $140 Million, with a cash option of 62.8 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Ohio, your state will take 3.99% of your lottery winnings.

Please note that the calculation of the MEGA Millions jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Ohio MEGA Millions Jackpot/Cash Option for Tue Apr 21, 2026

Draw Date	Jackpot	Cash Option
Tue Apr 21, 2026	$140,000,000	$62,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$62,800,000
Federal Tax(24%)	$15,072,000
Additional Federal Tax	$8,124,330
State Tax(3.99%)	$2,505,720
Net Lumpsum Payment	$37,097,950

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,107,140	-$739,972 -$84,075	$1,283,093
2	$2,212,560	-$778,978 -$88,281	$1,345,301
3	$2,323,160	-$819,900 -$92,694	$1,410,566
4	$2,439,360	-$862,894 -$97,330	$1,479,136
5	$2,561,300	-$908,011 -$102,196	$1,551,093
6	$2,689,400	-$955,408 -$107,307	$1,626,685
7	$2,823,800	-$1,005,136 -$112,670	$1,705,994
8	$2,965,060	-$1,057,403 -$118,306	$1,789,351
9	$3,113,320	-$1,112,259 -$124,221	$1,876,840
10	$3,269,000	-$1,169,860 -$130,433	$1,968,707
11	$3,432,380	-$1,230,311 -$136,952	$2,065,117
12	$3,604,020	-$1,293,818 -$143,800	$2,166,402
13	$3,784,200	-$1,360,484 -$150,990	$2,272,726
14	$3,973,480	-$1,430,518 -$158,542	$2,384,420
15	$4,172,140	-$1,504,022 -$166,468	$2,501,650
16	$4,380,740	-$1,581,204 -$174,792	$2,624,744
17	$4,599,700	-$1,662,219 -$183,528	$2,753,953
18	$4,829,720	-$1,747,327 -$192,706	$2,889,687
19	$5,071,220	-$1,836,682 -$202,342	$3,032,196
20	$5,324,760	-$1,930,492 -$212,458	$3,181,810
21	$5,591,040	-$2,029,015 -$223,082	$3,338,943
22	$5,870,620	-$2,132,460 -$234,238	$3,503,922
23	$6,164,060	-$2,241,033 -$245,946	$3,677,081
24	$6,472,340	-$2,355,096 -$258,246	$3,858,998
25	$6,795,880	-$2,474,806 -$271,156	$4,049,918
26	$7,135,800	-$2,600,576 -$284,718	$4,250,506
27	$7,492,520	-$2,732,563 -$298,952	$4,461,005
28	$7,867,160	-$2,871,180 -$313,900	$4,682,080
29	$8,260,560	-$3,016,738 -$329,596	$4,914,226
30	$8,673,560	-$3,169,548 -$346,075	$5,157,937