Jackpot Analysis Oklahoma Mega Millions 3q3h5l

Jackpot Analysis for Oklahoma Mega Millions
The jackpot for the MEGA Millions draw on Tue Jun 10, 2025, is projected to be $243 Million, with an option for a cash payout of $108 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Oklahoma residents, the state will deduct 4.75% from your lottery earnings.

Oklahoma MEGA Millions Jackpot/Cash Option for Tue Jun 10, 2025
Draw Date Tue Jun 10, 2025
Projected Jackpot $243,000,000
Cash Value $108,000,000

Lumpsum Option Taxes and Payment
Cash Gross Payment $108,000,000
Federal Tax(24%) $25,920,000
Additional Federal Tax $14,000,330
State Tax(4.75%) $5,130,000
Net Lumpsum Payment $62,949,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,657,393 $1,313,566
$173,726
$2,170,101
2 $3,840,372 $1,381,268
$182,418
$2,276,686
3 $4,032,342 $1,452,297
$191,536
$2,388,509
4 $4,234,032 $1,526,922
$201,117
$2,505,993
5 $4,445,685 $1,605,234
$211,170
$2,629,281
6 $4,668,030 $1,687,501
$221,731
$2,758,798
7 $4,901,310 $1,773,815
$232,812
$2,894,683
8 $5,146,497 $1,864,534
$244,459
$3,037,504
9 $5,403,834 $1,959,749
$256,682
$3,187,403
10 $5,674,050 $2,059,729
$269,517
$3,344,804
11 $5,957,631 $2,164,654
$282,987
$3,509,990
12 $6,255,549 $2,274,884
$297,139
$3,683,526
13 $6,568,290 $2,390,598
$311,994
$3,865,698
14 $6,896,826 $2,512,156
$327,599
$4,057,071
15 $7,241,643 $2,639,738
$343,978
$4,257,927
16 $7,603,713 $2,773,704
$361,176
$4,468,833
17 $7,983,765 $2,914,323
$379,229
$4,690,213
18 $8,383,014 $3,062,046
$398,193
$4,922,775
19 $8,802,189 $3,217,140
$418,104
$5,166,945
20 $9,242,262 $3,379,967
$439,007
$5,423,288
21 $9,704,448 $3,550,976
$460,961
$5,692,511
22 $10,189,719 $3,730,526
$484,012
$5,975,181
23 $10,699,047 $3,918,978
$508,205
$6,271,864
24 $11,234,133 $4,116,960
$533,621
$6,583,552
25 $11,795,706 $4,324,742
$560,296
$6,910,668
26 $12,385,710 $4,543,043
$588,321
$7,254,346
27 $13,004,874 $4,772,134
$617,732
$7,615,008
28 $13,655,142 $5,012,733
$648,619
$7,993,790
29 $14,337,972 $5,265,380
$681,054
$8,391,538
30 $15,054,822 $5,530,615
$715,104
$8,809,103