The jackpot for the MEGA Millions draw on Tue Dec 23, 2025, is projected to be $100 Million, with an option for a cash payout of $45.5 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 23, 2025 |
|---|
| Draw Date | Tue Dec 23, 2025 | | Projected Jackpot | $100,000,000 | | Cash Value | $45,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $45,500,000 | | Federal Tax(24%) | $10,920,000 | | Additional Federal Tax | $5,875,330 | | State Tax(2.5%) | $1,137,500 | | Net Lumpsum Payment | $27,567,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,505,100 |
$517,217
$37,628 |
$950,255 |
| 2 |
$1,580,400 |
$545,078
$39,510 |
$995,812 |
| 3 |
$1,659,400 |
$574,308
$41,485 |
$1,043,607 |
| 4 |
$1,742,400 |
$605,018
$43,560 |
$1,093,822 |
| 5 |
$1,829,500 |
$637,245
$45,738 |
$1,146,517 |
| 6 |
$1,921,000 |
$671,100
$48,025 |
$1,201,875 |
| 7 |
$2,017,000 |
$706,620
$50,425 |
$1,259,955 |
| 8 |
$2,117,900 |
$743,953
$52,948 |
$1,320,999 |
| 9 |
$2,223,800 |
$783,136
$55,595 |
$1,385,069 |
| 10 |
$2,335,000 |
$824,280
$58,375 |
$1,452,345 |
| 11 |
$2,451,700 |
$867,459
$61,293 |
$1,522,948 |
| 12 |
$2,574,300 |
$912,821
$64,358 |
$1,597,121 |
| 13 |
$2,703,000 |
$960,440
$67,575 |
$1,674,985 |
| 14 |
$2,838,200 |
$1,010,464
$70,955 |
$1,756,781 |
| 15 |
$2,980,100 |
$1,062,967
$74,503 |
$1,842,630 |
| 16 |
$3,129,100 |
$1,118,097
$78,228 |
$1,932,775 |
| 17 |
$3,285,500 |
$1,175,965
$82,138 |
$2,027,397 |
| 18 |
$3,449,800 |
$1,236,756
$86,245 |
$2,126,799 |
| 19 |
$3,622,300 |
$1,300,581
$90,558 |
$2,231,161 |
| 20 |
$3,803,400 |
$1,367,588
$95,085 |
$2,340,727 |
| 21 |
$3,993,600 |
$1,437,962
$99,840 |
$2,455,798 |
| 22 |
$4,193,300 |
$1,511,851
$104,833 |
$2,576,616 |
| 23 |
$4,402,900 |
$1,589,403
$110,073 |
$2,703,424 |
| 24 |
$4,623,100 |
$1,670,877
$115,578 |
$2,836,645 |
| 25 |
$4,854,200 |
$1,756,384
$121,355 |
$2,976,461 |
| 26 |
$5,097,000 |
$1,846,220
$127,425 |
$3,123,355 |
| 27 |
$5,351,800 |
$1,940,496
$133,795 |
$3,277,509 |
| 28 |
$5,619,400 |
$2,039,508
$140,485 |
$3,439,407 |
| 29 |
$5,900,400 |
$2,143,478
$147,510 |
$3,609,412 |
| 30 |
$6,195,400 |
$2,252,628
$154,885 |
$3,787,887 |
|
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