Arizona Lottery

AZLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jan 6, 2026 is estimated to be $180 Million, with a cash option of 81.9 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 Arizona, your state will take 2.5% 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.

Arizona MEGA Millions Jackpot/Cash Option for Tue Jan 6, 2026

Draw Date	Jackpot	Cash Option
Tue Jan 6, 2026	$180,000,000	$81,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$81,900,000
Federal Tax(24%)	$19,656,000
Additional Federal Tax	$10,607,330
State Tax(2.5%)	$2,047,500
Net Lumpsum Payment	$49,589,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,709,180	-$962,727 -$67,730	$1,678,723
2	$2,844,720	-$1,012,877 -$71,118	$1,760,725
3	$2,986,920	-$1,065,491 -$74,673	$1,846,756
4	$3,136,320	-$1,120,769 -$78,408	$1,937,143
5	$3,293,100	-$1,178,777 -$82,328	$2,031,995
6	$3,457,800	-$1,239,716 -$86,445	$2,131,639
7	$3,630,600	-$1,303,652 -$90,765	$2,236,183
8	$3,812,220	-$1,370,852 -$95,306	$2,346,062
9	$4,002,840	-$1,441,381 -$100,071	$2,461,388
10	$4,203,000	-$1,515,440 -$105,075	$2,582,485
11	$4,413,060	-$1,593,163 -$110,327	$2,709,570
12	$4,633,740	-$1,674,814 -$115,844	$2,843,082
13	$4,865,400	-$1,760,528 -$121,635	$2,983,237
14	$5,108,760	-$1,850,572 -$127,719	$3,130,469
15	$5,364,180	-$1,945,077 -$134,105	$3,284,998
16	$5,632,380	-$2,044,311 -$140,810	$3,447,259
17	$5,913,900	-$2,148,473 -$147,848	$3,617,579
18	$6,209,640	-$2,257,897 -$155,241	$3,796,502
19	$6,520,140	-$2,372,782 -$163,004	$3,984,354
20	$6,846,120	-$2,493,395 -$171,153	$4,181,572
21	$7,188,480	-$2,620,068 -$179,712	$4,388,700
22	$7,547,940	-$2,753,068 -$188,699	$4,606,173
23	$7,925,220	-$2,892,662 -$198,131	$4,834,427
24	$8,321,580	-$3,039,315 -$208,040	$5,074,225
25	$8,737,560	-$3,193,228 -$218,439	$5,325,893
26	$9,174,600	-$3,354,932 -$229,365	$5,590,303
27	$9,633,240	-$3,524,629 -$240,831	$5,867,780
28	$10,114,920	-$3,702,851 -$252,873	$6,159,196
29	$10,620,720	-$3,889,997 -$265,518	$6,465,205
30	$11,151,720	-$4,086,467 -$278,793	$6,786,460