The jackpot for the MEGA Millions draw on Tue Oct 7, 2025, is projected to be $547 Million, with an option for a cash payout of $251.7 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 Tue Oct 7, 2025 |
|---|
| Draw Date | Tue Oct 7, 2025 | | Projected Jackpot | $547,000,000 | | Cash Value | $251,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $251,700,000 | | Federal Tax(24%) | $60,408,000 | | Additional Federal Tax | $32,681,330 | | State Tax(2.5%) | $6,292,500 | | Net Lumpsum Payment | $152,318,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,232,897 |
$3,006,502
$205,822 |
$5,020,573 |
| 2 |
$8,644,788 |
$3,158,902
$216,120 |
$5,269,766 |
| 3 |
$9,076,918 |
$3,318,790
$226,923 |
$5,531,205 |
| 4 |
$9,530,928 |
$3,486,774
$238,273 |
$5,805,881 |
| 5 |
$10,007,365 |
$3,663,055
$250,184 |
$6,094,126 |
| 6 |
$10,507,870 |
$3,848,242
$262,697 |
$6,396,931 |
| 7 |
$11,032,990 |
$4,042,537
$275,825 |
$6,714,628 |
| 8 |
$11,584,913 |
$4,246,748
$289,623 |
$7,048,542 |
| 9 |
$12,164,186 |
$4,461,079
$304,105 |
$7,399,002 |
| 10 |
$12,772,450 |
$4,686,137
$319,311 |
$7,767,002 |
| 11 |
$13,410,799 |
$4,922,326
$335,270 |
$8,153,203 |
| 12 |
$14,081,421 |
$5,170,456
$352,036 |
$8,558,929 |
| 13 |
$14,785,410 |
$5,430,932
$369,635 |
$8,984,843 |
| 14 |
$15,524,954 |
$5,704,563
$388,124 |
$9,432,267 |
| 15 |
$16,301,147 |
$5,991,755
$407,529 |
$9,901,863 |
| 16 |
$17,116,177 |
$6,293,316
$427,904 |
$10,394,957 |
| 17 |
$17,971,685 |
$6,609,854
$449,292 |
$10,912,539 |
| 18 |
$18,870,406 |
$6,942,381
$471,760 |
$11,456,265 |
| 19 |
$19,813,981 |
$7,291,503
$495,350 |
$12,027,128 |
| 20 |
$20,804,598 |
$7,658,032
$520,115 |
$12,626,451 |
| 21 |
$21,844,992 |
$8,042,977
$546,125 |
$13,255,890 |
| 22 |
$22,937,351 |
$8,447,150
$573,434 |
$13,916,767 |
| 23 |
$24,083,863 |
$8,871,360
$602,097 |
$14,610,406 |
| 24 |
$25,288,357 |
$9,317,022
$632,209 |
$15,339,126 |
| 25 |
$26,552,474 |
$9,784,746
$663,812 |
$16,103,916 |
| 26 |
$27,880,590 |
$10,276,149
$697,015 |
$16,907,426 |
| 27 |
$29,274,346 |
$10,791,838
$731,859 |
$17,750,649 |
| 28 |
$30,738,118 |
$11,333,434
$768,453 |
$18,636,231 |
| 29 |
$32,275,188 |
$11,902,150
$806,880 |
$19,566,158 |
| 30 |
$33,888,838 |
$12,499,200
$847,221 |
$20,542,417 |
|
|
