Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Oct 10, 2025 is estimated to be $575 Million, with a cash option of 264.6 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 Oct 10, 2025

Draw Date	Jackpot	Cash Option
Fri Oct 10, 2025	$575,000,000	$264,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$264,600,000
Federal Tax(24%)	$63,504,000
Additional Federal Tax	$34,358,330
State Tax(4.9%)	$12,965,400
Net Lumpsum Payment	$153,772,270

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,654,325	-$3,162,431 -$424,062	$5,067,832
2	$9,087,300	-$3,322,631 -$445,278	$5,319,391
3	$9,541,550	-$3,490,704 -$467,536	$5,583,310
4	$10,018,800	-$3,667,286 -$490,921	$5,860,593
5	$10,519,625	-$3,852,592 -$515,462	$6,151,571
6	$11,045,750	-$4,047,258 -$541,242	$6,457,250
7	$11,597,750	-$4,251,498 -$568,290	$6,777,962
8	$12,177,925	-$4,466,163 -$596,718	$7,115,044
9	$12,786,850	-$4,691,465 -$626,556	$7,468,829
10	$13,426,250	-$4,928,043 -$657,886	$7,840,321
11	$14,097,275	-$5,176,322 -$690,766	$8,230,187
12	$14,802,225	-$5,437,154 -$725,309	$8,639,762
13	$15,542,250	-$5,710,963 -$761,570	$9,069,717
14	$16,319,650	-$5,998,601 -$799,663	$9,521,386
15	$17,135,575	-$6,300,493 -$839,643	$9,995,439
16	$17,992,325	-$6,617,491 -$881,624	$10,493,210
17	$18,891,625	-$6,950,232 -$925,690	$11,015,703
18	$19,836,350	-$7,299,780 -$971,981	$11,564,589
19	$20,828,225	-$7,666,774 -$1,020,583	$12,140,868
20	$21,869,550	-$8,052,064 -$1,071,608	$12,745,878
21	$22,963,200	-$8,456,714 -$1,125,197	$13,381,289
22	$24,111,475	-$8,881,576 -$1,181,462	$14,048,437
23	$25,316,675	-$9,327,500 -$1,240,517	$14,748,658
24	$26,582,825	-$9,795,976 -$1,302,558	$15,484,291
25	$27,911,650	-$10,287,641 -$1,367,671	$16,256,338
26	$29,307,750	-$10,804,198 -$1,436,080	$17,067,472
27	$30,772,850	-$11,346,285 -$1,507,870	$17,918,695
28	$32,311,550	-$11,915,604 -$1,583,266	$18,812,680
29	$33,927,300	-$12,513,431 -$1,662,438	$19,751,431
30	$35,623,550	-$13,141,044 -$1,745,554	$20,736,952