Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jun 6, 2025 is estimated to be $223 Million, with a cash option of 99.4 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Arkansas, your state will take 4.9% of your lottery winnings.

Please note that the calculation of the MEGA Millions jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Arkansas MEGA Millions Jackpot/Cash Option for Fri Jun 6, 2025

Draw Date	Jackpot	Cash Option
Fri Jun 6, 2025	$223,000,000	$99,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$99,400,000
Federal Tax(24%)	$23,856,000
Additional Federal Tax	$12,882,330
State Tax(4.9%)	$4,870,600
Net Lumpsum Payment	$57,791,070

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,356,373	-$1,202,188 -$164,462	$1,989,723
2	$3,524,292	-$1,264,318 -$172,690	$2,087,284
3	$3,700,462	-$1,329,501 -$181,323	$2,189,638
4	$3,885,552	-$1,397,985 -$190,392	$2,297,175
5	$4,079,785	-$1,469,851 -$199,909	$2,410,025
6	$4,283,830	-$1,545,347 -$209,908	$2,528,575
7	$4,497,910	-$1,624,557 -$220,398	$2,652,955
8	$4,722,917	-$1,707,810 -$231,423	$2,783,684
9	$4,959,074	-$1,795,188 -$242,995	$2,920,891
10	$5,207,050	-$1,886,939 -$255,145	$3,064,966
11	$5,467,291	-$1,983,228 -$267,897	$3,216,166
12	$5,740,689	-$2,084,385 -$281,294	$3,375,010
13	$6,027,690	-$2,190,576 -$295,357	$3,541,757
14	$6,329,186	-$2,302,129 -$310,130	$3,716,927
15	$6,645,623	-$2,419,211 -$325,636	$3,900,776
16	$6,977,893	-$2,542,151 -$341,917	$4,093,825
17	$7,326,665	-$2,671,196 -$359,007	$4,296,462
18	$7,693,054	-$2,806,760 -$376,960	$4,509,334
19	$8,077,729	-$2,949,090 -$395,809	$4,732,830
20	$8,481,582	-$3,098,516 -$415,598	$4,967,468
21	$8,905,728	-$3,255,450 -$436,381	$5,213,897
22	$9,351,059	-$3,420,222 -$458,202	$5,472,635
23	$9,818,467	-$3,593,163 -$481,105	$5,744,199
24	$10,309,513	-$3,774,850 -$505,166	$6,029,497
25	$10,824,866	-$3,965,531 -$530,418	$6,328,917
26	$11,366,310	-$4,165,865 -$556,949	$6,643,496
27	$11,934,514	-$4,376,101 -$584,791	$6,973,622
28	$12,531,262	-$4,596,897 -$614,032	$7,320,333
29	$13,157,892	-$4,828,750 -$644,737	$7,684,405
30	$13,815,742	-$5,072,155 -$676,971	$8,066,616