Jackpot Analysis Arizona Mega Millions

Jackpot Analysis for Arizona Mega Millions
The jackpot for the MEGA Millions draw on Fri Nov 7, 2025, is projected to be $843 Million, with an option for a cash payout of $391.7 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 Nov 7, 2025
Draw DateFri Nov 7, 2025
Projected Jackpot$843,000,000
Cash Value$391,700,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$391,700,000
Federal Tax(24%)$94,008,000
Additional Federal Tax$50,881,330
State Tax(2.5%)$9,792,500
Net Lumpsum Payment$237,018,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $12,687,993 $4,654,888
$317,200
$7,715,905
2 $13,322,772 $4,889,756
$333,069
$8,099,947
3 $13,988,742 $5,136,165
$349,719
$8,502,858
4 $14,688,432 $5,395,050
$367,211
$8,926,171
5 $15,422,685 $5,666,724
$385,567
$9,370,394
6 $16,194,030 $5,952,121
$404,851
$9,837,058
7 $17,003,310 $6,251,555
$425,083
$10,326,672
8 $17,853,897 $6,566,272
$446,347
$10,841,278
9 $18,746,634 $6,896,585
$468,666
$11,381,383
10 $19,684,050 $7,243,429
$492,101
$11,948,520
11 $20,667,831 $7,607,428
$516,696
$12,543,707
12 $21,701,349 $7,989,830
$542,534
$13,168,985
13 $22,786,290 $8,391,258
$569,657
$13,825,375
14 $23,926,026 $8,812,960
$598,151
$14,514,915
15 $25,122,243 $9,255,560
$628,056
$15,238,627
16 $26,378,313 $9,720,306
$659,458
$15,998,549
17 $27,696,765 $10,208,133
$692,419
$16,796,213
18 $29,081,814 $10,720,602
$727,045
$17,634,167
19 $30,535,989 $11,258,646
$763,400
$18,513,943
20 $32,062,662 $11,823,515
$801,567
$19,437,580
21 $33,666,048 $12,416,768
$841,651
$20,407,629
22 $35,349,519 $13,039,652
$883,738
$21,426,129
23 $37,116,447 $13,693,416
$927,911
$22,495,120
24 $38,972,733 $14,380,242
$974,318
$23,618,173
25 $40,920,906 $15,101,066
$1,023,023
$24,796,817
26 $42,967,710 $15,858,383
$1,074,193
$26,035,134
27 $45,115,674 $16,653,130
$1,127,892
$27,334,652
28 $47,371,542 $17,487,801
$1,184,289
$28,699,452
29 $49,740,372 $18,364,268
$1,243,509
$30,132,595
30 $52,227,222 $19,284,403
$1,305,681
$31,637,138