Arizona Lottery

AZLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Oct 14, 2025 is estimated to be $600 Million, with a cash option of 277.2 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 Oct 14, 2025

Draw Date	Jackpot	Cash Option
Tue Oct 14, 2025	$600,000,000	$277,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$277,200,000
Federal Tax(24%)	$66,528,000
Additional Federal Tax	$35,996,330
State Tax(2.5%)	$6,930,000
Net Lumpsum Payment	$167,745,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,030,600	-$3,301,652 -$225,765	$5,503,183
2	$9,482,400	-$3,468,818 -$237,060	$5,776,522
3	$9,956,400	-$3,644,198 -$248,910	$6,063,292
4	$10,454,400	-$3,828,458 -$261,360	$6,364,582
5	$10,977,000	-$4,021,820 -$274,425	$6,680,755
6	$11,526,000	-$4,224,950 -$288,150	$7,012,900
7	$12,102,000	-$4,438,070 -$302,550	$7,361,380
8	$12,707,400	-$4,662,068 -$317,685	$7,727,647
9	$13,342,800	-$4,897,166 -$333,570	$8,112,064
10	$14,010,000	-$5,144,030 -$350,250	$8,515,720
11	$14,710,200	-$5,403,104 -$367,755	$8,939,341
12	$15,445,800	-$5,675,276 -$386,145	$9,384,379
13	$16,218,000	-$5,960,990 -$405,450	$9,851,560
14	$17,029,200	-$6,261,134 -$425,730	$10,342,336
15	$17,880,600	-$6,576,152 -$447,015	$10,857,433
16	$18,774,600	-$6,906,932 -$469,365	$11,398,303
17	$19,713,000	-$7,254,140 -$492,825	$11,966,035
18	$20,698,800	-$7,618,886 -$517,470	$12,562,444
19	$21,733,800	-$8,001,836 -$543,345	$13,188,619
20	$22,820,400	-$8,403,878 -$570,510	$13,846,012
21	$23,961,600	-$8,826,122 -$599,040	$14,536,438
22	$25,159,800	-$9,269,456 -$628,995	$15,261,349
23	$26,417,400	-$9,734,768 -$660,435	$16,022,197
24	$27,738,600	-$10,223,612 -$693,465	$16,821,523
25	$29,125,200	-$10,736,654 -$728,130	$17,660,416
26	$30,582,000	-$11,275,670 -$764,550	$18,541,780
27	$32,110,800	-$11,841,326 -$802,770	$19,466,704
28	$33,716,400	-$12,435,398 -$842,910	$20,438,092
29	$35,402,400	-$13,059,218 -$885,060	$21,458,122
30	$37,172,400	-$13,714,118 -$929,310	$22,528,972