The jackpot for the MEGA Millions draw on Fri Oct 3, 2025, is projected to be $520 Million, with an option for a cash payout of $240.1 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 Oct 3, 2025 |
|---|
| Draw Date | Fri Oct 3, 2025 | | Projected Jackpot | $520,000,000 | | Cash Value | $240,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $240,100,000 | | Federal Tax(24%) | $57,624,000 | | Additional Federal Tax | $31,173,330 | | State Tax(2.5%) | $6,002,500 | | Net Lumpsum Payment | $145,300,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,826,520 |
$2,856,143
$195,663 |
$4,774,714 |
| 2 |
$8,218,080 |
$3,001,020
$205,452 |
$5,011,608 |
| 3 |
$8,628,880 |
$3,153,016
$215,722 |
$5,260,142 |
| 4 |
$9,060,480 |
$3,312,708
$226,512 |
$5,521,260 |
| 5 |
$9,513,400 |
$3,480,288
$237,835 |
$5,795,277 |
| 6 |
$9,989,200 |
$3,656,334
$249,730 |
$6,083,136 |
| 7 |
$10,488,400 |
$3,841,038
$262,210 |
$6,385,152 |
| 8 |
$11,013,080 |
$4,035,170
$275,327 |
$6,702,583 |
| 9 |
$11,563,760 |
$4,238,922
$289,094 |
$7,035,744 |
| 10 |
$12,142,000 |
$4,452,870
$303,550 |
$7,385,580 |
| 11 |
$12,748,840 |
$4,677,401
$318,721 |
$7,752,718 |
| 12 |
$13,386,360 |
$4,913,284
$334,659 |
$8,138,417 |
| 13 |
$14,055,600 |
$5,160,902
$351,390 |
$8,543,308 |
| 14 |
$14,758,640 |
$5,421,027
$368,966 |
$8,968,647 |
| 15 |
$15,496,520 |
$5,694,043
$387,413 |
$9,415,064 |
| 16 |
$16,271,320 |
$5,980,719
$406,783 |
$9,883,818 |
| 17 |
$17,084,600 |
$6,281,632
$427,115 |
$10,375,853 |
| 18 |
$17,938,960 |
$6,597,746
$448,474 |
$10,892,740 |
| 19 |
$18,835,960 |
$6,929,636
$470,899 |
$11,435,425 |
| 20 |
$19,777,680 |
$7,278,072
$494,442 |
$12,005,166 |
| 21 |
$20,766,720 |
$7,644,017
$519,168 |
$12,603,535 |
| 22 |
$21,805,160 |
$8,028,240
$545,129 |
$13,231,791 |
| 23 |
$22,895,080 |
$8,431,510
$572,377 |
$13,891,193 |
| 24 |
$24,040,120 |
$8,855,175
$601,003 |
$14,583,942 |
| 25 |
$25,241,840 |
$9,299,811
$631,046 |
$15,310,983 |
| 26 |
$26,504,400 |
$9,766,958
$662,610 |
$16,074,832 |
| 27 |
$27,829,360 |
$10,257,194
$695,734 |
$16,876,432 |
| 28 |
$29,220,880 |
$10,772,056
$730,522 |
$17,718,302 |
| 29 |
$30,682,080 |
$11,312,700
$767,052 |
$18,602,328 |
| 30 |
$32,216,080 |
$11,880,280
$805,402 |
$19,530,398 |
|
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