The jackpot for the MEGA Millions draw on Fri Apr 24, 2026, is projected to be $150 Million, with an option for a cash payout of $67.3 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 Fri Apr 24, 2026 |
|---|
| Draw Date | Fri Apr 24, 2026 | | Projected Jackpot | $150,000,000 | | Cash Value | $67,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $67,300,000 | | Federal Tax(24%) | $16,152,000 | | Additional Federal Tax | $8,709,330 | | State Tax(2.5%) | $1,682,500 | | Net Lumpsum Payment | $40,756,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,257,650 |
$795,661
$56,441 |
$1,405,548 |
| 2 |
$2,370,600 |
$837,452
$59,265 |
$1,473,883 |
| 3 |
$2,489,100 |
$881,297
$62,228 |
$1,545,575 |
| 4 |
$2,613,600 |
$927,362
$65,340 |
$1,620,898 |
| 5 |
$2,744,250 |
$975,703
$68,606 |
$1,699,941 |
| 6 |
$2,881,500 |
$1,026,485
$72,038 |
$1,782,977 |
| 7 |
$3,025,500 |
$1,079,765
$75,638 |
$1,870,097 |
| 8 |
$3,176,850 |
$1,135,765
$79,421 |
$1,961,664 |
| 9 |
$3,335,700 |
$1,194,539
$83,393 |
$2,057,768 |
| 10 |
$3,502,500 |
$1,256,255
$87,563 |
$2,158,682 |
| 11 |
$3,677,550 |
$1,321,024
$91,939 |
$2,264,587 |
| 12 |
$3,861,450 |
$1,389,067
$96,536 |
$2,375,847 |
| 13 |
$4,054,500 |
$1,460,495
$101,363 |
$2,492,642 |
| 14 |
$4,257,300 |
$1,535,531
$106,433 |
$2,615,336 |
| 15 |
$4,470,150 |
$1,614,286
$111,754 |
$2,744,110 |
| 16 |
$4,693,650 |
$1,696,981
$117,341 |
$2,879,328 |
| 17 |
$4,928,250 |
$1,783,783
$123,206 |
$3,021,261 |
| 18 |
$5,174,700 |
$1,874,969
$129,368 |
$3,170,363 |
| 19 |
$5,433,450 |
$1,970,707
$135,836 |
$3,326,907 |
| 20 |
$5,705,100 |
$2,071,217
$142,628 |
$3,491,255 |
| 21 |
$5,990,400 |
$2,176,778
$149,760 |
$3,663,862 |
| 22 |
$6,289,950 |
$2,287,612
$157,249 |
$3,845,089 |
| 23 |
$6,604,350 |
$2,403,940
$165,109 |
$4,035,301 |
| 24 |
$6,934,650 |
$2,526,151
$173,366 |
$4,235,133 |
| 25 |
$7,281,300 |
$2,654,411
$182,033 |
$4,444,856 |
| 26 |
$7,645,500 |
$2,789,165
$191,138 |
$4,665,197 |
| 27 |
$8,027,700 |
$2,930,579
$200,693 |
$4,896,428 |
| 28 |
$8,429,100 |
$3,079,097
$210,728 |
$5,139,275 |
| 29 |
$8,850,600 |
$3,235,052
$221,265 |
$5,394,283 |
| 30 |
$9,293,100 |
$3,398,777
$232,328 |
$5,661,995 |
|
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