The jackpot for the MEGA Millions draw on Fri Mar 6, 2026, is projected to be $496 Million, with an option for a cash payout of $232.6 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 Mar 6, 2026 |
|---|
| Draw Date | Fri Mar 6, 2026 | | Projected Jackpot | $496,000,000 | | Cash Value | $232,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $232,600,000 | | Federal Tax(24%) | $55,824,000 | | Additional Federal Tax | $30,198,330 | | State Tax(2.5%) | $5,815,000 | | Net Lumpsum Payment | $140,762,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,465,296 |
$2,722,490
$186,632 |
$4,556,174 |
| 2 |
$7,838,784 |
$2,860,680
$195,970 |
$4,782,134 |
| 3 |
$8,230,624 |
$3,005,661
$205,766 |
$5,019,197 |
| 4 |
$8,642,304 |
$3,157,983
$216,058 |
$5,268,263 |
| 5 |
$9,074,320 |
$3,317,829
$226,858 |
$5,529,633 |
| 6 |
$9,528,160 |
$3,485,750
$238,204 |
$5,804,206 |
| 7 |
$10,004,320 |
$3,661,929
$250,108 |
$6,092,283 |
| 8 |
$10,504,784 |
$3,847,100
$262,620 |
$6,395,064 |
| 9 |
$11,030,048 |
$4,041,448
$275,751 |
$6,712,849 |
| 10 |
$11,581,600 |
$4,245,522
$289,540 |
$7,046,538 |
| 11 |
$12,160,432 |
$4,459,690
$304,011 |
$7,396,731 |
| 12 |
$12,768,528 |
$4,684,686
$319,213 |
$7,764,629 |
| 13 |
$13,406,880 |
$4,920,876
$335,172 |
$8,150,832 |
| 14 |
$14,077,472 |
$5,168,995
$351,937 |
$8,556,540 |
| 15 |
$14,781,296 |
$5,429,410
$369,532 |
$8,982,354 |
| 16 |
$15,520,336 |
$5,702,855
$388,008 |
$9,429,473 |
| 17 |
$16,296,080 |
$5,989,880
$407,402 |
$9,898,798 |
| 18 |
$17,111,008 |
$6,291,403
$427,775 |
$10,391,830 |
| 19 |
$17,966,608 |
$6,607,975
$449,165 |
$10,909,468 |
| 20 |
$18,864,864 |
$6,940,330
$471,622 |
$11,452,912 |
| 21 |
$19,808,256 |
$7,289,385
$495,206 |
$12,023,665 |
| 22 |
$20,798,768 |
$7,655,875
$519,969 |
$12,622,924 |
| 23 |
$21,838,384 |
$8,040,532
$545,960 |
$13,251,892 |
| 24 |
$22,930,576 |
$8,444,644
$573,264 |
$13,912,668 |
| 25 |
$24,076,832 |
$8,868,758
$601,921 |
$14,606,153 |
| 26 |
$25,281,120 |
$9,314,345
$632,028 |
$15,334,747 |
| 27 |
$26,544,928 |
$9,781,954
$663,623 |
$16,099,351 |
| 28 |
$27,872,224 |
$10,273,053
$696,806 |
$16,902,365 |
| 29 |
$29,265,984 |
$10,788,744
$731,650 |
$17,745,590 |
| 30 |
$30,729,184 |
$11,330,128
$768,230 |
$18,630,826 |
|
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