Jackpot Analysis Arizona Mega Millions

Jackpot Analysis for Arizona Mega Millions
The jackpot for the MEGA Millions draw on Tue Dec 9, 2025, is projected to be $60 Million, with an option for a cash payout of $27.4 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 Dec 9, 2025
Draw DateTue Dec 9, 2025
Projected Jackpot$60,000,000
Cash Value$27,400,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$27,400,000
Federal Tax(24%)$6,576,000
Additional Federal Tax$3,522,330
State Tax(2.5%)$685,000
Net Lumpsum Payment$16,616,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $903,060 $294,463
$22,577
$586,020
2 $948,240 $311,179
$23,706
$613,355
3 $995,640 $328,717
$24,891
$642,032
4 $1,045,440 $347,143
$26,136
$672,161
5 $1,097,700 $366,479
$27,443
$703,778
6 $1,152,600 $386,792
$28,815
$736,993
7 $1,210,200 $408,104
$30,255
$771,841
8 $1,270,740 $430,504
$31,769
$808,467
9 $1,334,280 $454,014
$33,357
$846,909
10 $1,401,000 $478,700
$35,025
$887,275
11 $1,471,020 $504,608
$36,776
$929,636
12 $1,544,580 $531,825
$38,615
$974,140
13 $1,621,800 $560,396
$40,545
$1,020,859
14 $1,702,920 $590,411
$42,573
$1,069,936
15 $1,788,060 $621,913
$44,702
$1,121,445
16 $1,877,460 $654,991
$46,937
$1,175,532
17 $1,971,300 $689,711
$49,283
$1,232,306
18 $2,069,880 $726,186
$51,747
$1,291,947
19 $2,173,380 $764,481
$54,335
$1,354,564
20 $2,282,040 $804,685
$57,051
$1,420,304
21 $2,396,160 $846,910
$59,904
$1,489,346
22 $2,515,980 $891,243
$62,900
$1,561,837
23 $2,641,740 $937,774
$66,044
$1,637,922
24 $2,773,860 $986,659
$69,347
$1,717,854
25 $2,912,520 $1,037,963
$72,813
$1,801,744
26 $3,058,200 $1,091,864
$76,455
$1,889,881
27 $3,211,080 $1,148,430
$80,277
$1,982,373
28 $3,371,640 $1,207,837
$84,291
$2,079,512
29 $3,540,240 $1,270,219
$88,506
$2,181,515
30 $3,717,240 $1,335,709
$92,931
$2,288,600