Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Feb 10, 2026 is estimated to be $366 Million, with a cash option of 165.6 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 Tue Feb 10, 2026

Draw Date	Jackpot	Cash Option
Tue Feb 10, 2026	$366,000,000	$165,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$165,600,000
Federal Tax(24%)	$39,744,000
Additional Federal Tax	$21,488,330
State Tax(4.9%)	$8,114,400
Net Lumpsum Payment	$96,253,270

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,508,666	-$1,998,537 -$269,925	$3,240,204
2	$5,784,264	-$2,100,508 -$283,429	$3,400,327
3	$6,073,404	-$2,207,490 -$297,597	$3,568,317
4	$6,377,184	-$2,319,888 -$312,482	$3,744,814
5	$6,695,970	-$2,437,839 -$328,103	$3,930,028
6	$7,030,860	-$2,561,749 -$344,512	$4,124,599
7	$7,382,220	-$2,691,752 -$361,729	$4,328,739
8	$7,751,514	-$2,828,391 -$379,824	$4,543,299
9	$8,139,108	-$2,971,800 -$398,816	$4,768,492
10	$8,546,100	-$3,122,387 -$418,759	$5,004,954
11	$8,973,222	-$3,280,423 -$439,688	$5,253,111
12	$9,421,938	-$3,446,447 -$461,675	$5,513,816
13	$9,892,980	-$3,620,733 -$484,756	$5,787,491
14	$10,387,812	-$3,803,821 -$509,003	$6,074,988
15	$10,907,166	-$3,995,982 -$534,451	$6,376,733
16	$11,452,506	-$4,197,758 -$561,173	$6,693,575
17	$12,024,930	-$4,409,554 -$589,222	$7,026,154
18	$12,626,268	-$4,632,050 -$618,687	$7,375,531
19	$13,257,618	-$4,865,649 -$649,623	$7,742,346
20	$13,920,444	-$5,110,895 -$682,102	$8,127,447
21	$14,616,576	-$5,368,464 -$716,212	$8,531,900
22	$15,347,478	-$5,638,897 -$752,026	$8,956,555
23	$16,114,614	-$5,922,738 -$789,616	$9,402,260
24	$16,920,546	-$6,220,932 -$829,107	$9,870,507
25	$17,766,372	-$6,533,888 -$870,552	$10,361,932
26	$18,655,020	-$6,862,688 -$914,096	$10,878,236
27	$19,587,588	-$7,207,738 -$959,792	$11,420,058
28	$20,567,004	-$7,570,122 -$1,007,783	$11,989,099
29	$21,595,464	-$7,950,652 -$1,058,178	$12,586,634
30	$22,675,164	-$8,350,141 -$1,111,083	$13,213,940