Arizona Lottery

AZLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Nov 4, 2025 is estimated to be $800 Million, with a cash option of 371.7 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 Nov 4, 2025

Draw Date	Jackpot	Cash Option
Tue Nov 4, 2025	$800,000,000	$371,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$371,700,000
Federal Tax(24%)	$89,208,000
Additional Federal Tax	$48,281,330
State Tax(2.5%)	$9,292,500
Net Lumpsum Payment	$224,918,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$12,040,800	-$4,415,426 -$301,020	$7,324,354
2	$12,643,200	-$4,638,314 -$316,080	$7,688,806
3	$13,275,200	-$4,872,154 -$331,880	$8,071,166
4	$13,939,200	-$5,117,834 -$348,480	$8,472,886
5	$14,636,000	-$5,375,650 -$365,900	$8,894,450
6	$15,368,000	-$5,646,490 -$384,200	$9,337,310
7	$16,136,000	-$5,930,650 -$403,400	$9,801,950
8	$16,943,200	-$6,229,314 -$423,580	$10,290,306
9	$17,790,400	-$6,542,778 -$444,760	$10,802,862
10	$18,680,000	-$6,871,930 -$467,000	$11,341,070
11	$19,613,600	-$7,217,362 -$490,340	$11,905,898
12	$20,594,400	-$7,580,258 -$514,860	$12,499,282
13	$21,624,000	-$7,961,210 -$540,600	$13,122,190
14	$22,705,600	-$8,361,402 -$567,640	$13,776,558
15	$23,840,800	-$8,781,426 -$596,020	$14,463,354
16	$25,032,800	-$9,222,466 -$625,820	$15,184,514
17	$26,284,000	-$9,685,410 -$657,100	$15,941,490
18	$27,598,400	-$10,171,738 -$689,960	$16,736,702
19	$28,978,400	-$10,682,338 -$724,460	$17,571,602
20	$30,427,200	-$11,218,394 -$760,680	$18,448,126
21	$31,948,800	-$11,781,386 -$798,720	$19,368,694
22	$33,546,400	-$12,372,498 -$838,660	$20,335,242
23	$35,223,200	-$12,992,914 -$880,580	$21,349,706
24	$36,984,800	-$13,644,706 -$924,620	$22,415,474
25	$38,833,600	-$14,328,762 -$970,840	$23,533,998
26	$40,776,000	-$15,047,450 -$1,019,400	$24,709,150
27	$42,814,400	-$15,801,658 -$1,070,360	$25,942,382
28	$44,955,200	-$16,593,754 -$1,123,880	$27,237,566
29	$47,203,200	-$17,425,514 -$1,180,080	$28,597,606
30	$49,563,200	-$18,298,714 -$1,239,080	$30,025,406