Jackpot Analysis Arizona Mega Millions

Jackpot Analysis for Arizona Mega Millions
The jackpot for the MEGA Millions draw on Tue Jan 13, 2026, is projected to be $215 Million, with an option for a cash payout of $98.3 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 Tue Jan 13, 2026
Draw DateTue Jan 13, 2026
Projected Jackpot$215,000,000
Cash Value$98,300,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$98,300,000
Federal Tax(24%)$23,592,000
Additional Federal Tax$12,739,330
State Tax(2.5%)$2,457,500
Net Lumpsum Payment$59,511,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $3,235,965 $1,157,637
$80,899
$1,997,429
2 $3,397,860 $1,217,539
$84,947
$2,095,374
3 $3,567,710 $1,280,383
$89,193
$2,198,134
4 $3,746,160 $1,346,410
$93,654
$2,306,096
5 $3,933,425 $1,415,698
$98,336
$2,419,391
6 $4,130,150 $1,488,486
$103,254
$2,538,410
7 $4,336,550 $1,564,854
$108,414
$2,663,282
8 $4,553,485 $1,645,120
$113,837
$2,794,528
9 $4,781,170 $1,729,363
$119,529
$2,932,278
10 $5,020,250 $1,817,823
$125,506
$3,076,921
11 $5,271,155 $1,910,658
$131,779
$3,228,718
12 $5,534,745 $2,008,186
$138,369
$3,388,190
13 $5,811,450 $2,110,567
$145,286
$3,555,597
14 $6,102,130 $2,218,118
$152,553
$3,731,459
15 $6,407,215 $2,331,000
$160,180
$3,916,035
16 $6,727,565 $2,449,529
$168,189
$4,109,847
17 $7,063,825 $2,573,946
$176,596
$4,313,283
18 $7,417,070 $2,704,646
$185,427
$4,526,997
19 $7,787,945 $2,841,870
$194,699
$4,751,376
20 $8,177,310 $2,985,935
$204,433
$4,986,942
21 $8,586,240 $3,137,239
$214,656
$5,234,345
22 $9,015,595 $3,296,101
$225,390
$5,494,104
23 $9,466,235 $3,462,837
$236,656
$5,766,742
24 $9,939,665 $3,638,006
$248,492
$6,053,167
25 $10,436,530 $3,821,846
$260,913
$6,353,771
26 $10,958,550 $4,014,994
$273,964
$6,669,592
27 $11,506,370 $4,217,687
$287,659
$7,001,024
28 $12,081,710 $4,430,563
$302,043
$7,349,104
29 $12,685,860 $4,654,099
$317,147
$7,714,614
30 $13,320,110 $4,888,771
$333,003
$8,098,336