Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Sep 25, 2026 is estimated to be $277 Million, with a cash option of 117.3 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 Sep 25, 2026

Draw Date	Jackpot	Cash Option
Fri Sep 25, 2026	$277,000,000	$117,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$117,300,000
Federal Tax(24%)	$28,152,000
Additional Federal Tax	$15,209,330
State Tax(4.9%)	$5,747,700
Net Lumpsum Payment	$68,190,970

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,169,127	-$1,502,907 -$204,287	$2,461,933
2	$4,377,708	-$1,580,082 -$214,508	$2,583,118
3	$4,596,538	-$1,661,049 -$225,230	$2,710,259
4	$4,826,448	-$1,746,116 -$236,496	$2,843,836
5	$5,067,715	-$1,835,385 -$248,318	$2,984,012
6	$5,321,170	-$1,929,163 -$260,737	$3,131,270
7	$5,587,090	-$2,027,554 -$273,767	$3,285,769
8	$5,866,583	-$2,130,966 -$287,463	$3,448,154
9	$6,159,926	-$2,239,503 -$301,836	$3,618,587
10	$6,467,950	-$2,353,472 -$316,930	$3,797,548
11	$6,791,209	-$2,473,078 -$332,769	$3,985,362
12	$7,130,811	-$2,598,730 -$349,410	$4,182,671
13	$7,487,310	-$2,730,635 -$366,878	$4,389,797
14	$7,861,814	-$2,869,202 -$385,229	$4,607,383
15	$8,254,877	-$3,014,635 -$404,489	$4,835,753
16	$8,667,607	-$3,167,345 -$424,713	$5,075,549
17	$9,100,835	-$3,327,639 -$445,941	$5,327,255
18	$9,555,946	-$3,496,030 -$468,241	$5,591,675
19	$10,033,771	-$3,672,826 -$491,655	$5,869,290
20	$10,535,418	-$3,858,435 -$516,235	$6,160,748
21	$11,062,272	-$4,053,371 -$542,051	$6,466,850
22	$11,615,441	-$4,258,044 -$569,157	$6,788,240
23	$12,196,033	-$4,472,863 -$597,606	$7,125,564
24	$12,805,987	-$4,698,546 -$627,493	$7,479,948
25	$13,446,134	-$4,935,400 -$658,861	$7,851,873
26	$14,118,690	-$5,184,246 -$691,816	$8,242,628
27	$14,824,486	-$5,445,390 -$726,400	$8,652,696
28	$15,565,738	-$5,719,653 -$762,721	$9,083,364
29	$16,344,108	-$6,007,650 -$800,861	$9,535,597
30	$17,161,258	-$6,309,996 -$840,902	$10,010,360