Oregon Lottery

ORLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Dec 30, 2025 is estimated to be $138 Million, with a cash option of 63.3 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 Tue Dec 30, 2025

Draw Date	Jackpot	Cash Option
Tue Dec 30, 2025	$138,000,000	$63,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$63,300,000
Federal Tax(24%)	$15,192,000
Additional Federal Tax	$8,189,330
State Tax(8%)	$5,064,000
Net Lumpsum Payment	$34,854,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,077,038	-$728,834 -$166,163	$1,182,041
2	$2,180,952	-$767,283 -$174,476	$1,239,193
3	$2,289,972	-$807,620 -$183,198	$1,299,154
4	$2,404,512	-$850,000 -$192,361	$1,362,151
5	$2,524,710	-$894,473 -$201,977	$1,428,260
6	$2,650,980	-$941,193 -$212,078	$1,497,709
7	$2,783,460	-$990,211 -$222,677	$1,570,572
8	$2,922,702	-$1,041,730 -$233,816	$1,647,156
9	$3,068,844	-$1,095,803 -$245,508	$1,727,533
10	$3,222,300	-$1,152,581 -$257,784	$1,811,935
11	$3,383,346	-$1,212,168 -$270,668	$1,900,510
12	$3,552,534	-$1,274,768 -$284,203	$1,993,563
13	$3,730,140	-$1,340,482 -$298,411	$2,091,247
14	$3,916,716	-$1,409,515 -$313,337	$2,193,864
15	$4,112,538	-$1,481,969 -$329,003	$2,301,566
16	$4,318,158	-$1,558,049 -$345,453	$2,414,656
17	$4,533,990	-$1,637,907 -$362,719	$2,533,364
18	$4,760,724	-$1,721,798 -$380,858	$2,658,068
19	$4,998,774	-$1,809,877 -$399,902	$2,788,995
20	$5,248,692	-$1,902,346 -$419,895	$2,926,451
21	$5,511,168	-$1,999,463 -$440,893	$3,070,812
22	$5,786,754	-$2,101,429 -$462,940	$3,222,385
23	$6,076,002	-$2,208,451 -$486,080	$3,381,471
24	$6,379,878	-$2,320,885 -$510,390	$3,548,603
25	$6,698,796	-$2,438,885 -$535,904	$3,724,007
26	$7,033,860	-$2,562,859 -$562,709	$3,908,292
27	$7,385,484	-$2,692,959 -$590,839	$4,101,686
28	$7,754,772	-$2,829,596 -$620,382	$4,304,794
29	$8,142,552	-$2,973,075 -$651,404	$4,518,073
30	$8,549,652	-$3,123,702 -$683,972	$4,741,978