Mega PowerTake Home

The current jackpot, after federal and state taxes — annuity and lump sum, side by side.

Ohio · from your network

Mega MillionsPowerball

Tuesday, November 3 · 11:00 PM ET

Annuity

$482 million

Lump sum

$203.6 million

Annuity

30 yearly payments, rising 5%

$291,726,300

You'd keep this over 30 years

Jackpot$482,000,000
Average / year$16,066,667
Federal withheld (24%) / year−$3,856,000
More federal (to 37%) / year−$2,044,624
Ohio (2.75%) / year−$441,833
Keep / year$9,724,210
Take-home$291,726,300

Lump sum

One cash payment

$122,713,043

You'd keep this in one payment

Cash value$203,600,000
Federal withheld (24%)−$48,864,000
More federal (to 37%)−$26,423,957
Ohio (2.75%)−$5,599,000
Take-home$122,713,043