The jackpot for the MEGA Millions draw on Tue Mar 10, 2026, is projected to be $533 Million, with an option for a cash payout of $244.2 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Arizona residents, the state will deduct 2.5% from your lottery earnings.
| Arizona MEGA Millions Jackpot/Cash Option for Tue Mar 10, 2026 |
|---|
| Draw Date | Tue Mar 10, 2026 | | Projected Jackpot | $533,000,000 | | Cash Value | $244,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| 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 |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
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 |
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