Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Apr 17, 2026 is estimated to be $130 Million, with a cash option of 58 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 Apr 17, 2026

Draw Date	Jackpot	Cash Option
Fri Apr 17, 2026	$130,000,000	$58,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$58,000,000
Federal Tax(24%)	$13,920,000
Additional Federal Tax	$7,500,330
State Tax(4.9%)	$2,842,000
Net Lumpsum Payment	$33,737,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,956,630	-$684,283 -$95,875	$1,176,472
2	$2,054,520	-$720,503 -$100,671	$1,233,346
3	$2,157,220	-$758,502 -$105,704	$1,293,014
4	$2,265,120	-$798,425 -$110,991	$1,355,704
5	$2,378,350	-$840,320 -$116,539	$1,421,491
6	$2,497,300	-$884,331 -$122,368	$1,490,601
7	$2,622,100	-$930,507 -$128,483	$1,563,110
8	$2,753,270	-$979,040 -$134,910	$1,639,320
9	$2,890,940	-$1,029,978 -$141,656	$1,719,306
10	$3,035,500	-$1,083,465 -$148,740	$1,803,295
11	$3,187,210	-$1,139,598 -$156,173	$1,891,439
12	$3,346,590	-$1,198,569 -$163,983	$1,984,038
13	$3,513,900	-$1,260,473 -$172,181	$2,081,246
14	$3,689,660	-$1,325,505 -$180,793	$2,183,362
15	$3,874,130	-$1,393,758 -$189,832	$2,290,540
16	$4,067,830	-$1,465,427 -$199,324	$2,403,079
17	$4,271,150	-$1,540,656 -$209,286	$2,521,208
18	$4,484,740	-$1,619,684 -$219,752	$2,645,304
19	$4,708,990	-$1,702,657 -$230,741	$2,775,592
20	$4,944,420	-$1,789,766 -$242,277	$2,912,377
21	$5,191,680	-$1,881,252 -$254,392	$3,056,036
22	$5,451,290	-$1,977,308 -$267,113	$3,206,869
23	$5,723,770	-$2,078,125 -$280,465	$3,365,180
24	$6,010,030	-$2,184,041 -$294,491	$3,531,498
25	$6,310,460	-$2,295,201 -$309,213	$3,706,046
26	$6,626,100	-$2,411,987 -$324,679	$3,889,434
27	$6,957,340	-$2,534,546 -$340,910	$4,081,884
28	$7,305,220	-$2,663,262 -$357,956	$4,284,002
29	$7,670,520	-$2,798,423 -$375,855	$4,496,242
30	$8,054,020	-$2,940,318 -$394,647	$4,719,055