Arizona Lottery

AZLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Dec 16, 2025 is estimated to be $80 Million, with a cash option of 36.2 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 Dec 16, 2025

Draw Date	Jackpot	Cash Option
Tue Dec 16, 2025	$80,000,000	$36,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$36,200,000
Federal Tax(24%)	$8,688,000
Additional Federal Tax	$4,666,330
State Tax(2.5%)	$905,000
Net Lumpsum Payment	$21,940,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,204,080	-$405,840 -$30,102	$768,138
2	$1,264,320	-$428,129 -$31,608	$804,583
3	$1,327,520	-$451,513 -$33,188	$842,819
4	$1,393,920	-$476,081 -$34,848	$882,991
5	$1,463,600	-$501,862 -$36,590	$925,148
6	$1,536,800	-$528,946 -$38,420	$969,434
7	$1,613,600	-$557,362 -$40,340	$1,015,898
8	$1,694,320	-$587,229 -$42,358	$1,064,733
9	$1,779,040	-$618,575 -$44,476	$1,115,989
10	$1,868,000	-$651,490 -$46,700	$1,169,810
11	$1,961,360	-$686,034 -$49,034	$1,226,292
12	$2,059,440	-$722,323 -$51,486	$1,285,631
13	$2,162,400	-$760,418 -$54,060	$1,347,922
14	$2,270,560	-$800,438 -$56,764	$1,413,358
15	$2,384,080	-$842,440 -$59,602	$1,482,038
16	$2,503,280	-$886,544 -$62,582	$1,554,154
17	$2,628,400	-$932,838 -$65,710	$1,629,852
18	$2,759,840	-$981,471 -$68,996	$1,709,373
19	$2,897,840	-$1,032,531 -$72,446	$1,792,863
20	$3,042,720	-$1,086,137 -$76,068	$1,880,515
21	$3,194,880	-$1,142,436 -$79,872	$1,972,572
22	$3,354,640	-$1,201,547 -$83,866	$2,069,227
23	$3,522,320	-$1,263,589 -$88,058	$2,170,673
24	$3,698,480	-$1,328,768 -$92,462	$2,277,250
25	$3,883,360	-$1,397,174 -$97,084	$2,389,102
26	$4,077,600	-$1,469,042 -$101,940	$2,506,618
27	$4,281,440	-$1,544,463 -$107,036	$2,629,941
28	$4,495,520	-$1,623,673 -$112,388	$2,759,459
29	$4,720,320	-$1,706,849 -$118,008	$2,895,463
30	$4,956,320	-$1,794,169 -$123,908	$3,038,243