Arizona Lottery

AZLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Oct 31, 2025 is estimated to be $754 Million, with a cash option of 352.8 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 31, 2025

Draw Date Jackpot Cash Option
Fri Oct 31, 2025$754,000,000$352,800,000

Lumpsum Option Taxes and Payment

Category Amount
Cash Gross Payment$352,800,000
Federal Tax(24%)$84,672,000
Additional Federal Tax$45,824,330
State Tax(2.5%)$8,820,000
Net Lumpsum Payment$213,483,670

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $11,348,454 -$4,159,258
-$283,711
$6,905,485
2 $11,916,216 -$4,369,330
-$297,905
$7,248,981
3 $12,511,876 -$4,589,725
-$312,797
$7,609,354
4 $13,137,696 -$4,821,278
-$328,442
$7,987,976
5 $13,794,430 -$5,064,269
-$344,861
$8,385,300
6 $14,484,340 -$5,319,536
-$362,109
$8,802,695
7 $15,208,180 -$5,587,357
-$380,205
$9,240,618
8 $15,968,966 -$5,868,848
-$399,224
$9,700,894
9 $16,767,452 -$6,164,288
-$419,186
$10,183,978
10 $17,605,900 -$6,474,513
-$440,148
$10,691,239
11 $18,485,818 -$6,800,083
-$462,145
$11,223,590
12 $19,410,222 -$7,142,113
-$485,256
$11,782,853
13 $20,380,620 -$7,501,160
-$509,516
$12,369,944
14 $21,400,028 -$7,878,341
-$535,001
$12,986,686
15 $22,469,954 -$8,274,213
-$561,749
$13,633,992
16 $23,593,414 -$8,689,894
-$589,835
$14,313,685
17 $24,772,670 -$9,126,218
-$619,317
$15,027,135
18 $26,011,492 -$9,584,582
-$650,287
$15,776,623
19 $27,312,142 -$10,065,823
-$682,804
$16,563,515
20 $28,677,636 -$10,571,056
-$716,941
$17,389,639
21 $30,111,744 -$11,101,676
-$752,794
$18,257,274
22 $31,617,482 -$11,658,799
-$790,437
$19,168,246
23 $33,197,866 -$12,243,541
-$829,947
$20,124,378
24 $34,858,174 -$12,857,855
-$871,454
$21,128,865
25 $36,600,668 -$13,502,578
-$915,017
$22,183,073
26 $38,431,380 -$14,179,941
-$960,785
$23,290,654
27 $40,352,572 -$14,890,782
-$1,008,814
$24,452,976
28 $42,370,276 -$15,637,333
-$1,059,257
$25,673,686
29 $44,489,016 -$16,421,266
-$1,112,225
$26,955,525
30 $46,713,316 -$17,244,257
-$1,167,833
$28,301,226
7
5
4
Cash Option: $352.8 Million
Next Draw: Fri Oct 31
Mega Millions
Tue Oct 28, 2025
021933536114

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