Oregon Lottery

ORLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Nov 13, 2026 is estimated to be $555 Million, with a cash option of 235.2 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 Oregon, your state will take 8% 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.

Oregon MEGA Millions Jackpot/Cash Option for Fri Nov 13, 2026

Draw Date	Jackpot	Cash Option
Fri Nov 13, 2026	$555,000,000	$235,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$235,200,000
Federal Tax(24%)	$56,448,000
Additional Federal Tax	$30,536,330
State Tax(8%)	$18,816,000
Net Lumpsum Payment	$129,399,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,353,305	-$3,051,053 -$668,264	$4,633,988
2	$8,771,220	-$3,205,682 -$701,698	$4,863,840
3	$9,209,670	-$3,367,908 -$736,774	$5,104,988
4	$9,670,320	-$3,538,349 -$773,626	$5,358,345
5	$10,153,725	-$3,717,209 -$812,298	$5,624,218
6	$10,661,550	-$3,905,104 -$852,924	$5,903,522
7	$11,194,350	-$4,102,240 -$895,548	$6,196,562
8	$11,754,345	-$4,309,438 -$940,348	$6,504,559
9	$12,342,090	-$4,526,904 -$987,367	$6,827,819
10	$12,959,250	-$4,755,253 -$1,036,740	$7,167,257
11	$13,606,935	-$4,994,896 -$1,088,555	$7,523,484
12	$14,287,365	-$5,246,655 -$1,142,989	$7,897,721
13	$15,001,650	-$5,510,941 -$1,200,132	$8,290,577
14	$15,752,010	-$5,788,574 -$1,260,161	$8,703,275
15	$16,539,555	-$6,079,966 -$1,323,164	$9,136,425
16	$17,366,505	-$6,385,937 -$1,389,320	$9,591,248
17	$18,234,525	-$6,707,105 -$1,458,762	$10,068,658
18	$19,146,390	-$7,044,495 -$1,531,711	$10,570,184
19	$20,103,765	-$7,398,723 -$1,608,301	$11,096,741
20	$21,108,870	-$7,770,612 -$1,688,710	$11,649,548
21	$22,164,480	-$8,161,188 -$1,773,158	$12,230,134
22	$23,272,815	-$8,571,272 -$1,861,825	$12,839,718
23	$24,436,095	-$9,001,686 -$1,954,888	$13,479,521
24	$25,658,205	-$9,453,866 -$2,052,656	$14,151,683
25	$26,940,810	-$9,928,430 -$2,155,265	$14,857,115
26	$28,288,350	-$10,427,020 -$2,263,068	$15,598,262
27	$29,702,490	-$10,950,252 -$2,376,199	$16,376,039
28	$31,187,670	-$11,499,768 -$2,495,014	$17,192,888
29	$32,747,220	-$12,076,802 -$2,619,778	$18,050,640
30	$34,384,470	-$12,682,584 -$2,750,758	$18,951,128