The jackpot for the MEGA Millions draw on Fri Oct 10, 2025, is projected to be $575 Million, with an option for a cash payout of $264.6 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 Oct 10, 2025 |
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Draw Date | Fri Oct 10, 2025 | Projected Jackpot | $575,000,000 | Cash Value | $264,600,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $264,600,000 | Federal Tax(24%) | $63,504,000 | Additional Federal Tax | $34,358,330 | State Tax(2.5%) | $6,615,000 | Net Lumpsum Payment | $160,122,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$8,654,325 |
$3,162,431 $216,358 |
$5,275,536 |
2 |
$9,087,300 |
$3,322,631 $227,183 |
$5,537,486 |
3 |
$9,541,550 |
$3,490,704 $238,539 |
$5,812,307 |
4 |
$10,018,800 |
$3,667,286 $250,470 |
$6,101,044 |
5 |
$10,519,625 |
$3,852,592 $262,991 |
$6,404,042 |
6 |
$11,045,750 |
$4,047,258 $276,144 |
$6,722,348 |
7 |
$11,597,750 |
$4,251,498 $289,944 |
$7,056,308 |
8 |
$12,177,925 |
$4,466,163 $304,448 |
$7,407,314 |
9 |
$12,786,850 |
$4,691,465 $319,671 |
$7,775,714 |
10 |
$13,426,250 |
$4,928,043 $335,656 |
$8,162,551 |
11 |
$14,097,275 |
$5,176,322 $352,432 |
$8,568,521 |
12 |
$14,802,225 |
$5,437,154 $370,056 |
$8,995,015 |
13 |
$15,542,250 |
$5,710,963 $388,556 |
$9,442,731 |
14 |
$16,319,650 |
$5,998,601 $407,991 |
$9,913,058 |
15 |
$17,135,575 |
$6,300,493 $428,389 |
$10,406,693 |
16 |
$17,992,325 |
$6,617,491 $449,808 |
$10,925,026 |
17 |
$18,891,625 |
$6,950,232 $472,291 |
$11,469,102 |
18 |
$19,836,350 |
$7,299,780 $495,909 |
$12,040,661 |
19 |
$20,828,225 |
$7,666,774 $520,706 |
$12,640,745 |
20 |
$21,869,550 |
$8,052,064 $546,739 |
$13,270,747 |
21 |
$22,963,200 |
$8,456,714 $574,080 |
$13,932,406 |
22 |
$24,111,475 |
$8,881,576 $602,787 |
$14,627,112 |
23 |
$25,316,675 |
$9,327,500 $632,917 |
$15,356,258 |
24 |
$26,582,825 |
$9,795,976 $664,571 |
$16,122,278 |
25 |
$27,911,650 |
$10,287,641 $697,791 |
$16,926,218 |
26 |
$29,307,750 |
$10,804,198 $732,694 |
$17,770,858 |
27 |
$30,772,850 |
$11,346,285 $769,321 |
$18,657,244 |
28 |
$32,311,550 |
$11,915,604 $807,789 |
$19,588,157 |
29 |
$33,927,300 |
$12,513,431 $848,183 |
$20,565,686 |
30 |
$35,623,550 |
$13,141,044 $890,589 |
$21,591,917 |
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