USA Mega

Arizona Mega Millions Jackpot Annuity Payout Schedule for Apr 15, 2025

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The tax information provided here is based on 2025 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Mega Millions annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $96,000,000 for a ticket purchased in Arizona, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Arizona

Drawing Date:Tue, Apr 15, 2025
Jackpot:$96,000,000
Federal Tax:37% marginal rate
State Tax: 2.5%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,444,938$491,647$36,123$917,167
2$1,517,185$518,379$37,930$960,876
3$1,593,044$546,446$39,826$1,006,771
4$1,672,696$575,918$41,817$1,054,961
5$1,756,331$606,863$43,908$1,105,560
6$1,844,147$639,355$46,104$1,158,689
7$1,936,355$673,472$48,409$1,214,474
8$2,033,173$709,294$50,829$1,273,049
9$2,134,831$746,908$53,371$1,334,553
10$2,241,573$786,402$56,039$1,399,131
11$2,353,651$827,871$58,841$1,466,939
12$2,471,334$871,414$61,783$1,538,137
13$2,594,901$917,133$64,873$1,612,895
14$2,724,646$965,139$68,116$1,691,390
15$2,860,878$1,015,545$71,522$1,773,811
16$3,003,922$1,068,471$75,098$1,860,352
17$3,154,118$1,124,044$78,853$1,951,221
18$3,311,824$1,182,395$82,796$2,046,633
19$3,477,415$1,243,664$86,935$2,146,816
20$3,651,286$1,307,996$91,282$2,252,008
21$3,833,850$1,375,545$95,846$2,362,459
22$4,025,543$1,446,471$100,639$2,478,433
23$4,226,820$1,520,944$105,670$2,600,206
24$4,438,161$1,599,140$110,954$2,728,067
25$4,660,069$1,681,246$116,502$2,862,321
26$4,893,072$1,767,457$122,327$3,003,288
27$5,137,726$1,857,979$128,443$3,151,304
28$5,394,612$1,953,027$134,865$3,306,720
29$5,664,343$2,052,827$141,609$3,469,907
30$5,947,560$2,157,617$148,689$3,641,253
Total$96,000,000$34,230,609$2,399,999$59,369,391

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.