Arizona Lottery

AZLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 2, 2025 is estimated to be $302 Million, with a cash option of 136 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 Sep 2, 2025

Draw Date	Jackpot	Cash Option
Tue Sep 2, 2025	$302,000,000	$136,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$136,000,000
Federal Tax(24%)	$32,640,000
Additional Federal Tax	$17,640,330
State Tax(2.5%)	$3,400,000
Net Lumpsum Payment	$82,319,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,545,402	-$1,642,129 -$113,635	$2,789,638
2	$4,772,808	-$1,726,269 -$119,320	$2,927,219
3	$5,011,388	-$1,814,544 -$125,285	$3,071,559
4	$5,262,048	-$1,907,288 -$131,551	$3,223,209
5	$5,525,090	-$2,004,614 -$138,127	$3,382,349
6	$5,801,420	-$2,106,856 -$145,036	$3,549,528
7	$6,091,340	-$2,214,126 -$152,284	$3,724,930
8	$6,396,058	-$2,326,872 -$159,901	$3,909,285
9	$6,715,876	-$2,445,205 -$167,897	$4,102,774
10	$7,051,700	-$2,569,459 -$176,293	$4,305,948
11	$7,404,134	-$2,699,860 -$185,103	$4,519,171
12	$7,774,386	-$2,836,853 -$194,360	$4,743,173
13	$8,163,060	-$2,980,663 -$204,077	$4,978,320
14	$8,571,364	-$3,131,735 -$214,284	$5,225,345
15	$8,999,902	-$3,290,294 -$224,998	$5,484,610
16	$9,449,882	-$3,456,787 -$236,247	$5,756,848
17	$9,922,210	-$3,631,548 -$248,055	$6,042,607
18	$10,418,396	-$3,815,137 -$260,460	$6,342,799
19	$10,939,346	-$4,007,888 -$273,484	$6,657,974
20	$11,486,268	-$4,210,250 -$287,157	$6,988,861
21	$12,060,672	-$4,422,779 -$301,517	$7,336,376
22	$12,663,766	-$4,645,924 -$316,594	$7,701,248
23	$13,296,758	-$4,880,131 -$332,419	$8,084,208
24	$13,961,762	-$5,126,182 -$349,044	$8,486,536
25	$14,659,684	-$5,384,413 -$366,492	$8,908,779
26	$15,392,940	-$5,655,718 -$384,824	$9,352,398
27	$16,162,436	-$5,940,432 -$404,061	$9,817,943
28	$16,970,588	-$6,239,448 -$424,265	$10,306,875
29	$17,819,208	-$6,553,437 -$445,480	$10,820,291
30	$18,710,108	-$6,883,070 -$467,753	$11,359,285