Arizona Lottery

AZLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Oct 10, 2025 is estimated to be $575 Million, with a cash option of 264.6 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 Fri Oct 10, 2025

Draw Date	Jackpot	Cash Option
Fri Oct 10, 2025	$575,000,000	$264,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$264,600,000
Federal Tax(24%)	$63,504,000
Additional Federal Tax	$34,358,330
State Tax(2.5%)	$6,615,000
Net Lumpsum Payment	$160,122,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,654,325	-$3,162,431 -$216,358	$5,275,536
2	$9,087,300	-$3,322,631 -$227,183	$5,537,486
3	$9,541,550	-$3,490,704 -$238,539	$5,812,307
4	$10,018,800	-$3,667,286 -$250,470	$6,101,044
5	$10,519,625	-$3,852,592 -$262,991	$6,404,042
6	$11,045,750	-$4,047,258 -$276,144	$6,722,348
7	$11,597,750	-$4,251,498 -$289,944	$7,056,308
8	$12,177,925	-$4,466,163 -$304,448	$7,407,314
9	$12,786,850	-$4,691,465 -$319,671	$7,775,714
10	$13,426,250	-$4,928,043 -$335,656	$8,162,551
11	$14,097,275	-$5,176,322 -$352,432	$8,568,521
12	$14,802,225	-$5,437,154 -$370,056	$8,995,015
13	$15,542,250	-$5,710,963 -$388,556	$9,442,731
14	$16,319,650	-$5,998,601 -$407,991	$9,913,058
15	$17,135,575	-$6,300,493 -$428,389	$10,406,693
16	$17,992,325	-$6,617,491 -$449,808	$10,925,026
17	$18,891,625	-$6,950,232 -$472,291	$11,469,102
18	$19,836,350	-$7,299,780 -$495,909	$12,040,661
19	$20,828,225	-$7,666,774 -$520,706	$12,640,745
20	$21,869,550	-$8,052,064 -$546,739	$13,270,747
21	$22,963,200	-$8,456,714 -$574,080	$13,932,406
22	$24,111,475	-$8,881,576 -$602,787	$14,627,112
23	$25,316,675	-$9,327,500 -$632,917	$15,356,258
24	$26,582,825	-$9,795,976 -$664,571	$16,122,278
25	$27,911,650	-$10,287,641 -$697,791	$16,926,218
26	$29,307,750	-$10,804,198 -$732,694	$17,770,858
27	$30,772,850	-$11,346,285 -$769,321	$18,657,244
28	$32,311,550	-$11,915,604 -$807,789	$19,588,157
29	$33,927,300	-$12,513,431 -$848,183	$20,565,686
30	$35,623,550	-$13,141,044 -$890,589	$21,591,917