Arizona Lottery

AZLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Nov 21, 2025 is estimated to be $60 Million, with a cash option of 27.7 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 Nov 21, 2025

Draw Date	Jackpot	Cash Option
Fri Nov 21, 2025	$60,000,000	$27,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$27,700,000
Federal Tax(24%)	$6,648,000
Additional Federal Tax	$3,561,330
State Tax(2.5%)	$692,500
Net Lumpsum Payment	$16,798,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$903,060	-$294,463 -$22,577	$586,020
2	$948,240	-$311,179 -$23,706	$613,355
3	$995,640	-$328,717 -$24,891	$642,032
4	$1,045,440	-$347,143 -$26,136	$672,161
5	$1,097,700	-$366,479 -$27,443	$703,778
6	$1,152,600	-$386,792 -$28,815	$736,993
7	$1,210,200	-$408,104 -$30,255	$771,841
8	$1,270,740	-$430,504 -$31,769	$808,467
9	$1,334,280	-$454,014 -$33,357	$846,909
10	$1,401,000	-$478,700 -$35,025	$887,275
11	$1,471,020	-$504,608 -$36,776	$929,636
12	$1,544,580	-$531,825 -$38,615	$974,140
13	$1,621,800	-$560,396 -$40,545	$1,020,859
14	$1,702,920	-$590,411 -$42,573	$1,069,936
15	$1,788,060	-$621,913 -$44,702	$1,121,445
16	$1,877,460	-$654,991 -$46,937	$1,175,532
17	$1,971,300	-$689,711 -$49,283	$1,232,306
18	$2,069,880	-$726,186 -$51,747	$1,291,947
19	$2,173,380	-$764,481 -$54,335	$1,354,564
20	$2,282,040	-$804,685 -$57,051	$1,420,304
21	$2,396,160	-$846,910 -$59,904	$1,489,346
22	$2,515,980	-$891,243 -$62,900	$1,561,837
23	$2,641,740	-$937,774 -$66,044	$1,637,922
24	$2,773,860	-$986,659 -$69,347	$1,717,854
25	$2,912,520	-$1,037,963 -$72,813	$1,801,744
26	$3,058,200	-$1,091,864 -$76,455	$1,889,881
27	$3,211,080	-$1,148,430 -$80,277	$1,982,373
28	$3,371,640	-$1,207,837 -$84,291	$2,079,512
29	$3,540,240	-$1,270,219 -$88,506	$2,181,515
30	$3,717,240	-$1,335,709 -$92,931	$2,288,600