The jackpot for the MEGA Millions draw on Fri Jun 6, 2025, is projected to be $223 Million, with an option for a cash payout of $99.4 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 Jun 6, 2025 |
|---|
| Draw Date | Fri Jun 6, 2025 | | Projected Jackpot | $223,000,000 | | Cash Value | $99,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $99,400,000 | | Federal Tax(24%) | $23,856,000 | | Additional Federal Tax | $12,882,330 | | State Tax(2.5%) | $2,485,000 | | Net Lumpsum Payment | $60,176,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,356,373 |
$1,202,188
$83,909 |
$2,070,276 |
| 2 |
$3,524,292 |
$1,264,318
$88,107 |
$2,171,867 |
| 3 |
$3,700,462 |
$1,329,501
$92,512 |
$2,278,449 |
| 4 |
$3,885,552 |
$1,397,985
$97,139 |
$2,390,428 |
| 5 |
$4,079,785 |
$1,469,851
$101,995 |
$2,507,939 |
| 6 |
$4,283,830 |
$1,545,347
$107,096 |
$2,631,387 |
| 7 |
$4,497,910 |
$1,624,557
$112,448 |
$2,760,905 |
| 8 |
$4,722,917 |
$1,707,810
$118,073 |
$2,897,034 |
| 9 |
$4,959,074 |
$1,795,188
$123,977 |
$3,039,909 |
| 10 |
$5,207,050 |
$1,886,939
$130,176 |
$3,189,935 |
| 11 |
$5,467,291 |
$1,983,228
$136,682 |
$3,347,381 |
| 12 |
$5,740,689 |
$2,084,385
$143,517 |
$3,512,787 |
| 13 |
$6,027,690 |
$2,190,576
$150,692 |
$3,686,422 |
| 14 |
$6,329,186 |
$2,302,129
$158,230 |
$3,868,827 |
| 15 |
$6,645,623 |
$2,419,211
$166,141 |
$4,060,271 |
| 16 |
$6,977,893 |
$2,542,151
$174,447 |
$4,261,295 |
| 17 |
$7,326,665 |
$2,671,196
$183,167 |
$4,472,302 |
| 18 |
$7,693,054 |
$2,806,760
$192,326 |
$4,693,968 |
| 19 |
$8,077,729 |
$2,949,090
$201,943 |
$4,926,696 |
| 20 |
$8,481,582 |
$3,098,516
$212,040 |
$5,171,026 |
| 21 |
$8,905,728 |
$3,255,450
$222,643 |
$5,427,635 |
| 22 |
$9,351,059 |
$3,420,222
$233,776 |
$5,697,061 |
| 23 |
$9,818,467 |
$3,593,163
$245,462 |
$5,979,842 |
| 24 |
$10,309,513 |
$3,774,850
$257,738 |
$6,276,925 |
| 25 |
$10,824,866 |
$3,965,531
$270,622 |
$6,588,713 |
| 26 |
$11,366,310 |
$4,165,865
$284,158 |
$6,916,287 |
| 27 |
$11,934,514 |
$4,376,101
$298,363 |
$7,260,050 |
| 28 |
$12,531,262 |
$4,596,897
$313,282 |
$7,621,083 |
| 29 |
$13,157,892 |
$4,828,750
$328,947 |
$8,000,195 |
| 30 |
$13,815,742 |
$5,072,155
$345,394 |
$8,398,193 |
|
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