The jackpot for the MEGA Millions draw on Tue Mar 3, 2026, is projected to be $473 Million, with an option for a cash payout of $221.8 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 Tue Mar 3, 2026 |
|---|
| Draw Date | Tue Mar 3, 2026 | | Projected Jackpot | $473,000,000 | | Cash Value | $221,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $221,800,000 | | Federal Tax(24%) | $53,232,000 | | Additional Federal Tax | $28,794,330 | | State Tax(2.5%) | $5,545,000 | | Net Lumpsum Payment | $134,228,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,119,123 |
$2,594,406
$177,978 |
$4,346,739 |
| 2 |
$7,475,292 |
$2,726,188
$186,882 |
$4,562,222 |
| 3 |
$7,848,962 |
$2,864,446
$196,224 |
$4,788,292 |
| 4 |
$8,241,552 |
$3,009,705
$206,039 |
$5,025,808 |
| 5 |
$8,653,535 |
$3,162,138
$216,338 |
$5,275,059 |
| 6 |
$9,086,330 |
$3,322,272
$227,158 |
$5,536,900 |
| 7 |
$9,540,410 |
$3,490,282
$238,510 |
$5,811,618 |
| 8 |
$10,017,667 |
$3,666,867
$250,442 |
$6,100,358 |
| 9 |
$10,518,574 |
$3,852,203
$262,964 |
$6,403,407 |
| 10 |
$11,044,550 |
$4,046,814
$276,114 |
$6,721,622 |
| 11 |
$11,596,541 |
$4,251,051
$289,914 |
$7,055,576 |
| 12 |
$12,176,439 |
$4,465,613
$304,411 |
$7,406,415 |
| 13 |
$12,785,190 |
$4,690,851
$319,630 |
$7,774,709 |
| 14 |
$13,424,686 |
$4,927,464
$335,617 |
$8,161,605 |
| 15 |
$14,095,873 |
$5,175,803
$352,397 |
$8,567,673 |
| 16 |
$14,800,643 |
$5,436,568
$370,016 |
$8,994,059 |
| 17 |
$15,540,415 |
$5,710,284
$388,510 |
$9,441,621 |
| 18 |
$16,317,554 |
$5,997,825
$407,939 |
$9,911,790 |
| 19 |
$17,133,479 |
$6,299,718
$428,337 |
$10,405,424 |
| 20 |
$17,990,082 |
$6,616,661
$449,752 |
$10,923,669 |
| 21 |
$18,889,728 |
$6,949,530
$472,243 |
$11,467,955 |
| 22 |
$19,834,309 |
$7,299,025
$495,858 |
$12,039,426 |
| 23 |
$20,825,717 |
$7,665,846
$520,643 |
$12,639,228 |
| 24 |
$21,867,263 |
$8,051,218
$546,682 |
$13,269,363 |
| 25 |
$22,960,366 |
$8,455,666
$574,009 |
$13,930,691 |
| 26 |
$24,108,810 |
$8,880,590
$602,720 |
$14,625,500 |
| 27 |
$25,314,014 |
$9,326,516
$632,850 |
$15,354,648 |
| 28 |
$26,579,762 |
$9,794,842
$664,494 |
$16,120,426 |
| 29 |
$27,908,892 |
$10,286,620
$697,722 |
$16,924,550 |
| 30 |
$29,304,242 |
$10,802,900
$732,606 |
$17,768,736 |
|
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