Jackpot Analysis Arizona Mega Millions

Jackpot Analysis for Arizona Mega Millions
The jackpot for the MEGA Millions draw on Fri Sep 19, 2025, is projected to be $423 Million, with an option for a cash payout of $196.5 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Arizona residents, the state will deduct 2.5% from your lottery earnings.

Arizona MEGA Millions Jackpot/Cash Option for Fri Sep 19, 2025
Draw DateFri Sep 19, 2025
Projected Jackpot$423,000,000
Cash Value$196,500,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$196,500,000
Federal Tax(24%)$47,160,000
Additional Federal Tax$25,505,330
State Tax(2.5%)$4,912,500
Net Lumpsum Payment$118,922,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $6,366,573 $2,315,962
$159,164
$3,891,447
2 $6,685,092 $2,433,814
$167,127
$4,084,151
3 $7,019,262 $2,557,457
$175,482
$4,286,323
4 $7,370,352 $2,687,361
$184,259
$4,498,732
5 $7,738,785 $2,823,681
$193,470
$4,721,634
6 $8,125,830 $2,966,887
$203,146
$4,955,797
7 $8,531,910 $3,117,137
$213,298
$5,201,475
8 $8,958,717 $3,275,056
$223,968
$5,459,693
9 $9,406,674 $3,440,800
$235,167
$5,730,707
10 $9,877,050 $3,614,839
$246,926
$6,015,285
11 $10,370,691 $3,797,486
$259,267
$6,313,938
12 $10,889,289 $3,989,367
$272,232
$6,627,690
13 $11,433,690 $4,190,796
$285,842
$6,957,052
14 $12,005,586 $4,402,397
$300,140
$7,303,049
15 $12,605,823 $4,624,485
$315,146
$7,666,192
16 $13,236,093 $4,857,685
$330,902
$8,047,506
17 $13,897,665 $5,102,466
$347,442
$8,447,757
18 $14,592,654 $5,359,612
$364,816
$8,868,226
19 $15,322,329 $5,629,592
$383,058
$9,309,679
20 $16,088,382 $5,913,032
$402,210
$9,773,140
21 $16,892,928 $6,210,714
$422,323
$10,259,891
22 $17,737,659 $6,523,264
$443,441
$10,770,954
23 $18,624,267 $6,851,309
$465,607
$11,307,351
24 $19,555,713 $7,195,944
$488,893
$11,870,876
25 $20,533,266 $7,557,639
$513,332
$12,462,295
26 $21,560,310 $7,937,645
$539,008
$13,083,657
27 $22,638,114 $8,336,433
$565,953
$13,735,728
28 $23,770,062 $8,755,253
$594,252
$14,420,557
29 $24,958,692 $9,195,046
$623,967
$15,139,679
30 $26,206,542 $9,656,751
$655,164
$15,894,627