Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jun 19, 2026 is estimated to be $452 Million, with a cash option of 201 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 19, 2026

Draw Date	Jackpot	Cash Option
Fri Jun 19, 2026	$452,000,000	$201,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$201,000,000
Federal Tax(24%)	$48,240,000
Additional Federal Tax	$26,090,330
State Tax(4.9%)	$9,849,000
Net Lumpsum Payment	$116,820,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,803,052	-$2,477,460 -$333,350	$3,992,242
2	$7,143,408	-$2,603,391 -$350,027	$4,189,990
3	$7,500,488	-$2,735,511 -$367,524	$4,397,453
4	$7,875,648	-$2,874,320 -$385,907	$4,615,421
5	$8,269,340	-$3,019,986 -$405,198	$4,844,156
6	$8,682,920	-$3,173,011 -$425,463	$5,084,446
7	$9,116,840	-$3,333,561 -$446,725	$5,336,554
8	$9,572,908	-$3,502,306 -$469,072	$5,601,530
9	$10,051,576	-$3,679,414 -$492,527	$5,879,635
10	$10,554,200	-$3,865,384 -$517,156	$6,171,660
11	$11,081,684	-$4,060,553 -$543,003	$6,478,128
12	$11,635,836	-$4,265,590 -$570,156	$6,800,090
13	$12,217,560	-$4,480,828 -$598,660	$7,138,072
14	$12,828,664	-$4,706,936 -$628,605	$7,493,123
15	$13,470,052	-$4,944,250 -$660,033	$7,865,769
16	$14,143,532	-$5,193,437 -$693,033	$8,257,062
17	$14,850,460	-$5,455,001 -$727,673	$8,667,786
18	$15,593,096	-$5,729,776 -$764,062	$9,099,258
19	$16,372,796	-$6,018,265 -$802,267	$9,552,264
20	$17,191,368	-$6,321,137 -$842,377	$10,027,854
21	$18,051,072	-$6,639,227 -$884,503	$10,527,342
22	$18,953,716	-$6,973,205 -$928,732	$11,051,779
23	$19,901,108	-$7,323,740 -$975,154	$11,602,214
24	$20,896,412	-$7,692,003 -$1,023,924	$12,180,485
25	$21,940,984	-$8,078,494 -$1,075,108	$12,787,382
26	$23,038,440	-$8,484,553 -$1,128,884	$13,425,003
27	$24,190,136	-$8,910,681 -$1,185,317	$14,094,138
28	$25,399,688	-$9,358,215 -$1,244,585	$14,796,888
29	$26,669,808	-$9,828,159 -$1,306,821	$15,534,828
30	$28,003,208	-$10,321,517 -$1,372,157	$16,309,534