Arizona Lottery

AZLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Mar 10, 2026 is estimated to be $533 Million, with a cash option of 244.2 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Arizona, your state will take 2.5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Arizona MEGA Millions Jackpot/Cash Option for Tue Mar 10, 2026

Draw Date	Jackpot	Cash Option
Tue Mar 10, 2026	$533,000,000	$244,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$244,200,000
Federal Tax(24%)	$58,608,000
Additional Federal Tax	$31,706,330
State Tax(2.5%)	$6,105,000
Net Lumpsum Payment	$147,780,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,022,183	-$2,928,538 -$200,555	$4,893,090
2	$8,423,532	-$3,077,037 -$210,588	$5,135,907
3	$8,844,602	-$3,232,833 -$221,115	$5,390,654
4	$9,286,992	-$3,396,517 -$232,175	$5,658,300
5	$9,751,235	-$3,568,287 -$243,781	$5,939,167
6	$10,238,930	-$3,748,734 -$255,973	$6,234,223
7	$10,750,610	-$3,938,056 -$268,765	$6,543,789
8	$11,288,407	-$4,137,041 -$282,210	$6,869,156
9	$11,852,854	-$4,345,886 -$296,321	$7,210,647
10	$12,445,550	-$4,565,184 -$311,139	$7,569,227
11	$13,067,561	-$4,795,328 -$326,689	$7,945,544
12	$13,721,019	-$5,037,107 -$343,025	$8,340,887
13	$14,406,990	-$5,290,917 -$360,175	$8,755,898
14	$15,127,606	-$5,557,545 -$378,190	$9,191,871
15	$15,883,933	-$5,837,386 -$397,098	$9,649,449
16	$16,678,103	-$6,131,228 -$416,953	$10,129,922
17	$17,511,715	-$6,439,665 -$437,793	$10,634,257
18	$18,387,434	-$6,763,681 -$459,686	$11,164,067
19	$19,306,859	-$7,103,868 -$482,671	$11,720,320
20	$20,272,122	-$7,461,016 -$506,803	$12,304,303
21	$21,285,888	-$7,836,109 -$532,147	$12,917,632
22	$22,350,289	-$8,229,937 -$558,757	$13,561,595
23	$23,467,457	-$8,643,289 -$586,686	$14,237,482
24	$24,641,123	-$9,077,546 -$616,028	$14,947,549
25	$25,872,886	-$9,533,298 -$646,822	$15,692,766
26	$27,167,010	-$10,012,124 -$679,175	$16,475,711
27	$28,525,094	-$10,514,615 -$713,127	$17,297,352
28	$29,951,402	-$11,042,349 -$748,785	$18,160,268
29	$31,449,132	-$11,596,509 -$786,228	$19,066,395
30	$33,021,482	-$12,178,279 -$825,537	$20,017,666