Jackpot Analysis Oregon Mega Millions 593m56

Jackpot Analysis for Oregon 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 Oregon residents, the state will deduct 8% from your lottery earnings.

Oregon 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(8%) $8,640,000
Net Lumpsum Payment $59,439,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,657,393 $1,313,566
$292,591
$2,051,236
2 $3,840,372 $1,381,268
$307,230
$2,151,874
3 $4,032,342 $1,452,297
$322,587
$2,257,458
4 $4,234,032 $1,526,922
$338,723
$2,368,387
5 $4,445,685 $1,605,234
$355,655
$2,484,796
6 $4,668,030 $1,687,501
$373,442
$2,607,087
7 $4,901,310 $1,773,815
$392,105
$2,735,390
8 $5,146,497 $1,864,534
$411,720
$2,870,243
9 $5,403,834 $1,959,749
$432,307
$3,011,778
10 $5,674,050 $2,059,729
$453,924
$3,160,397
11 $5,957,631 $2,164,654
$476,610
$3,316,367
12 $6,255,549 $2,274,884
$500,444
$3,480,221
13 $6,568,290 $2,390,598
$525,463
$3,652,229
14 $6,896,826 $2,512,156
$551,746
$3,832,924
15 $7,241,643 $2,639,738
$579,331
$4,022,574
16 $7,603,713 $2,773,704
$608,297
$4,221,712
17 $7,983,765 $2,914,323
$638,701
$4,430,741
18 $8,383,014 $3,062,046
$670,641
$4,650,327
19 $8,802,189 $3,217,140
$704,175
$4,880,874
20 $9,242,262 $3,379,967
$739,381
$5,122,914
21 $9,704,448 $3,550,976
$776,356
$5,377,116
22 $10,189,719 $3,730,526
$815,178
$5,644,015
23 $10,699,047 $3,918,978
$855,924
$5,924,145
24 $11,234,133 $4,116,960
$898,731
$6,218,442
25 $11,795,706 $4,324,742
$943,656
$6,527,308
26 $12,385,710 $4,543,043
$990,857
$6,851,810
27 $13,004,874 $4,772,134
$1,040,390
$7,192,350
28 $13,655,142 $5,012,733
$1,092,411
$7,549,998
29 $14,337,972 $5,265,380
$1,147,038
$7,925,554
30 $15,054,822 $5,530,615
$1,204,386
$8,319,821