The jackpot for the MEGA Millions draw on Fri Nov 6, 2026, is projected to be $505 Million, with an option for a cash payout of $213.3 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 6, 2026 |
|---|
| Draw Date | Fri Nov 6, 2026 | | Projected Jackpot | $505,000,000 | | Cash Value | $213,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $213,300,000 | | Federal Tax(24%) | $51,192,000 | | Additional Federal Tax | $27,689,330 | | State Tax(2.5%) | $5,332,500 | | Net Lumpsum Payment | $129,086,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,600,755 |
$2,772,610
$190,019 |
$4,638,126 |
| 2 |
$7,981,020 |
$2,913,308
$199,526 |
$4,868,186 |
| 3 |
$8,379,970 |
$3,060,919
$209,499 |
$5,109,552 |
| 4 |
$8,799,120 |
$3,216,005
$219,978 |
$5,363,137 |
| 5 |
$9,238,975 |
$3,378,751
$230,974 |
$5,629,250 |
| 6 |
$9,701,050 |
$3,549,719
$242,526 |
$5,908,805 |
| 7 |
$10,185,850 |
$3,729,095
$254,646 |
$6,202,109 |
| 8 |
$10,695,395 |
$3,917,627
$267,385 |
$6,510,383 |
| 9 |
$11,230,190 |
$4,115,501
$280,755 |
$6,833,934 |
| 10 |
$11,791,750 |
$4,323,278
$294,794 |
$7,173,678 |
| 11 |
$12,381,085 |
$4,541,332
$309,527 |
$7,530,226 |
| 12 |
$13,000,215 |
$4,770,410
$325,005 |
$7,904,800 |
| 13 |
$13,650,150 |
$5,010,886
$341,254 |
$8,298,010 |
| 14 |
$14,332,910 |
$5,263,507
$358,323 |
$8,711,080 |
| 15 |
$15,049,505 |
$5,528,647
$376,238 |
$9,144,620 |
| 16 |
$15,801,955 |
$5,807,054
$395,049 |
$9,599,852 |
| 17 |
$16,591,775 |
$6,099,287
$414,794 |
$10,077,694 |
| 18 |
$17,421,490 |
$6,406,282
$435,537 |
$10,579,671 |
| 19 |
$18,292,615 |
$6,728,598
$457,315 |
$11,106,702 |
| 20 |
$19,207,170 |
$7,066,983
$480,179 |
$11,660,008 |
| 21 |
$20,167,680 |
$7,422,372
$504,192 |
$12,241,116 |
| 22 |
$21,176,165 |
$7,795,511
$529,404 |
$12,851,250 |
| 23 |
$22,234,645 |
$8,187,149
$555,866 |
$13,491,630 |
| 24 |
$23,346,655 |
$8,598,593
$583,666 |
$14,164,396 |
| 25 |
$24,513,710 |
$9,030,403
$612,843 |
$14,870,464 |
| 26 |
$25,739,850 |
$9,484,075
$643,496 |
$15,612,279 |
| 27 |
$27,026,590 |
$9,960,169
$675,665 |
$16,390,756 |
| 28 |
$28,377,970 |
$10,460,179
$709,449 |
$17,208,342 |
| 29 |
$29,797,020 |
$10,985,228
$744,926 |
$18,066,866 |
| 30 |
$31,286,770 |
$11,536,435
$782,169 |
$18,968,166 |
|
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