Oregon Lottery

ORLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Sep 5, 2025 is estimated to be $336 Million, with a cash option of 151.3 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 Sep 5, 2025

Draw Date	Jackpot	Cash Option
Fri Sep 5, 2025	$336,000,000	$151,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$151,300,000
Federal Tax(24%)	$36,312,000
Additional Federal Tax	$19,629,330
State Tax(8%)	$12,104,000
Net Lumpsum Payment	$83,254,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,057,136	-$1,831,471 -$404,571	$2,821,094
2	$5,310,144	-$1,925,084 -$424,812	$2,960,248
3	$5,575,584	-$2,023,296 -$446,047	$3,106,241
4	$5,854,464	-$2,126,482 -$468,357	$3,259,625
5	$6,147,120	-$2,234,765 -$491,770	$3,420,585
6	$6,454,560	-$2,348,518 -$516,365	$3,589,677
7	$6,777,120	-$2,467,865 -$542,170	$3,767,085
8	$7,116,144	-$2,593,304 -$569,292	$3,953,548
9	$7,471,968	-$2,724,959 -$597,757	$4,149,252
10	$7,845,600	-$2,863,202 -$627,648	$4,354,750
11	$8,237,712	-$3,008,284 -$659,017	$4,570,411
12	$8,649,648	-$3,160,700 -$691,972	$4,796,976
13	$9,082,080	-$3,320,700 -$726,566	$5,034,814
14	$9,536,352	-$3,488,781 -$762,908	$5,284,663
15	$10,013,136	-$3,665,191 -$801,051	$5,546,894
16	$10,513,776	-$3,850,428 -$841,102	$5,822,246
17	$11,039,280	-$4,044,864 -$883,142	$6,111,274
18	$11,591,328	-$4,249,122 -$927,306	$6,414,900
19	$12,170,928	-$4,463,574 -$973,674	$6,733,680
20	$12,779,424	-$4,688,717 -$1,022,354	$7,068,353
21	$13,418,496	-$4,925,174 -$1,073,480	$7,419,842
22	$14,089,488	-$5,173,441 -$1,127,159	$7,788,888
23	$14,793,744	-$5,434,016 -$1,183,500	$8,176,228
24	$15,533,616	-$5,707,768 -$1,242,689	$8,583,159
25	$16,310,112	-$5,995,072 -$1,304,809	$9,010,231
26	$17,125,920	-$6,296,921 -$1,370,074	$9,458,925
27	$17,982,048	-$6,613,688 -$1,438,564	$9,929,796
28	$18,881,184	-$6,946,368 -$1,510,495	$10,424,321
29	$19,825,344	-$7,295,708 -$1,586,028	$10,943,608
30	$20,816,544	-$7,662,452 -$1,665,324	$11,488,768