Arizona Lottery

AZLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Jun 3, 2025 is estimated to be $202 Million, with a cash option of 90 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 Jun 3, 2025

Draw Date	Jackpot	Cash Option
Tue Jun 3, 2025	$202,000,000	$90,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$90,000,000
Federal Tax(24%)	$21,600,000
Additional Federal Tax	$11,660,330
State Tax(2.5%)	$2,250,000
Net Lumpsum Payment	$54,489,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,040,302	-$1,085,242 -$76,008	$1,879,052
2	$3,192,408	-$1,141,521 -$79,810	$1,971,077
3	$3,351,988	-$1,200,566 -$83,800	$2,067,622
4	$3,519,648	-$1,262,600 -$87,991	$2,169,057
5	$3,695,590	-$1,327,699 -$92,390	$2,275,501
6	$3,880,420	-$1,396,086 -$97,011	$2,387,323
7	$4,074,340	-$1,467,836 -$101,859	$2,504,645
8	$4,278,158	-$1,543,249 -$106,954	$2,627,955
9	$4,492,076	-$1,622,399 -$112,302	$2,757,375
10	$4,716,700	-$1,705,509 -$117,918	$2,893,273
11	$4,952,434	-$1,792,731 -$123,811	$3,035,892
12	$5,200,086	-$1,884,362 -$130,002	$3,185,722
13	$5,460,060	-$1,980,553 -$136,502	$3,343,005
14	$5,733,164	-$2,081,601 -$143,329	$3,508,234
15	$6,019,802	-$2,187,657 -$150,495	$3,681,650
16	$6,320,782	-$2,299,020 -$158,020	$3,863,742
17	$6,636,710	-$2,415,913 -$165,918	$4,054,879
18	$6,968,596	-$2,538,711 -$174,215	$4,255,670
19	$7,317,046	-$2,667,637 -$182,926	$4,466,483
20	$7,682,868	-$2,802,992 -$192,072	$4,687,804
21	$8,067,072	-$2,945,147 -$201,677	$4,920,248
22	$8,470,466	-$3,094,403 -$211,762	$5,164,301
23	$8,893,858	-$3,251,058 -$222,346	$5,420,454
24	$9,338,662	-$3,415,635 -$233,467	$5,689,560
25	$9,805,484	-$3,588,359 -$245,137	$5,971,988
26	$10,295,940	-$3,769,828 -$257,399	$6,268,713
27	$10,810,636	-$3,960,266 -$270,266	$6,580,104
28	$11,351,188	-$4,160,270 -$283,780	$6,907,138
29	$11,918,808	-$4,370,289 -$297,970	$7,250,549
30	$12,514,708	-$4,590,772 -$312,868	$7,611,068