Oregon Lottery

ORLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri May 30, 2025 is estimated to be $189 Million, with a cash option of 82.7 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 May 30, 2025

Draw Date	Jackpot	Cash Option
Fri May 30, 2025	$189,000,000	$82,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$82,700,000
Federal Tax(24%)	$19,848,000
Additional Federal Tax	$10,711,330
State Tax(8%)	$6,616,000
Net Lumpsum Payment	$45,524,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,844,639	-$1,012,847 -$227,571	$1,604,221
2	$2,986,956	-$1,065,504 -$238,956	$1,682,496
3	$3,136,266	-$1,120,749 -$250,901	$1,764,616
4	$3,293,136	-$1,178,791 -$263,451	$1,850,894
5	$3,457,755	-$1,239,700 -$276,620	$1,941,435
6	$3,630,690	-$1,303,686 -$290,455	$2,036,549
7	$3,812,130	-$1,370,818 -$304,970	$2,136,342
8	$4,002,831	-$1,441,378 -$320,226	$2,241,227
9	$4,202,982	-$1,515,434 -$336,239	$2,351,309
10	$4,413,150	-$1,593,196 -$353,052	$2,466,902
11	$4,633,713	-$1,674,804 -$370,697	$2,588,212
12	$4,865,427	-$1,760,538 -$389,234	$2,715,655
13	$5,108,670	-$1,850,538 -$408,694	$2,849,438
14	$5,364,198	-$1,945,084 -$429,136	$2,989,978
15	$5,632,389	-$2,044,314 -$450,591	$3,137,484
16	$5,913,999	-$2,148,510 -$473,120	$3,292,369
17	$6,209,595	-$2,257,881 -$496,768	$3,454,946
18	$6,520,122	-$2,372,776 -$521,610	$3,625,736
19	$6,846,147	-$2,493,405 -$547,692	$3,805,050
20	$7,188,426	-$2,620,048 -$575,074	$3,993,304
21	$7,547,904	-$2,753,055 -$603,832	$4,191,017
22	$7,925,337	-$2,892,705 -$634,027	$4,398,605
23	$8,321,481	-$3,039,278 -$665,718	$4,616,485
24	$8,737,659	-$3,193,264 -$699,013	$4,845,382
25	$9,174,438	-$3,354,872 -$733,955	$5,085,611
26	$9,633,330	-$3,524,662 -$770,666	$5,338,002
27	$10,114,902	-$3,702,844 -$809,192	$5,602,866
28	$10,620,666	-$3,889,977 -$849,653	$5,881,036
29	$11,151,756	-$4,086,480 -$892,140	$6,173,136
30	$11,709,306	-$4,292,774 -$936,744	$6,479,788