Oregon Lottery

ORLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Dec 9, 2025 is estimated to be $60 Million, with a cash option of 27.4 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 Tue Dec 9, 2025

Draw Date	Jackpot	Cash Option
Tue Dec 9, 2025	$60,000,000	$27,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$27,400,000
Federal Tax(24%)	$6,576,000
Additional Federal Tax	$3,522,330
State Tax(8%)	$2,192,000
Net Lumpsum Payment	$15,109,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$903,060	-$294,463 -$72,245	$536,352
2	$948,240	-$311,179 -$75,859	$561,202
3	$995,640	-$328,717 -$79,651	$587,272
4	$1,045,440	-$347,143 -$83,635	$614,662
5	$1,097,700	-$366,479 -$87,816	$643,405
6	$1,152,600	-$386,792 -$92,208	$673,600
7	$1,210,200	-$408,104 -$96,816	$705,280
8	$1,270,740	-$430,504 -$101,659	$738,577
9	$1,334,280	-$454,014 -$106,742	$773,524
10	$1,401,000	-$478,700 -$112,080	$810,220
11	$1,471,020	-$504,608 -$117,682	$848,730
12	$1,544,580	-$531,825 -$123,566	$889,189
13	$1,621,800	-$560,396 -$129,744	$931,660
14	$1,702,920	-$590,411 -$136,234	$976,275
15	$1,788,060	-$621,913 -$143,045	$1,023,102
16	$1,877,460	-$654,991 -$150,197	$1,072,272
17	$1,971,300	-$689,711 -$157,704	$1,123,885
18	$2,069,880	-$726,186 -$165,590	$1,178,104
19	$2,173,380	-$764,481 -$173,870	$1,235,029
20	$2,282,040	-$804,685 -$182,563	$1,294,792
21	$2,396,160	-$846,910 -$191,693	$1,357,557
22	$2,515,980	-$891,243 -$201,278	$1,423,459
23	$2,641,740	-$937,774 -$211,339	$1,492,627
24	$2,773,860	-$986,659 -$221,909	$1,565,292
25	$2,912,520	-$1,037,963 -$233,002	$1,641,555
26	$3,058,200	-$1,091,864 -$244,656	$1,721,680
27	$3,211,080	-$1,148,430 -$256,886	$1,805,764
28	$3,371,640	-$1,207,837 -$269,731	$1,894,072
29	$3,540,240	-$1,270,219 -$283,219	$1,986,802
30	$3,717,240	-$1,335,709 -$297,379	$2,084,152