Jackpot Analysis Arizona Mega Millions

Jackpot Analysis for Arizona Mega Millions
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
Draw DateFri Oct 10, 2025
Projected Jackpot$575,000,000
Cash Value$264,600,000

Lumpsum Option Taxes and Payment
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
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