Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 2, 2025 is estimated to be $302 Million, with a cash option of 136 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 Sep 2, 2025

Draw Date	Jackpot	Cash Option
Tue Sep 2, 2025	$302,000,000	$136,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$136,000,000
Federal Tax(24%)	$32,640,000
Additional Federal Tax	$17,640,330
State Tax(4.9%)	$6,664,000
Net Lumpsum Payment	$79,055,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,545,402	-$1,642,129 -$222,725	$2,680,548
2	$4,772,808	-$1,726,269 -$233,868	$2,812,671
3	$5,011,388	-$1,814,544 -$245,558	$2,951,286
4	$5,262,048	-$1,907,288 -$257,840	$3,096,920
5	$5,525,090	-$2,004,614 -$270,729	$3,249,747
6	$5,801,420	-$2,106,856 -$284,270	$3,410,294
7	$6,091,340	-$2,214,126 -$298,476	$3,578,738
8	$6,396,058	-$2,326,872 -$313,407	$3,755,779
9	$6,715,876	-$2,445,205 -$329,078	$3,941,593
10	$7,051,700	-$2,569,459 -$345,533	$4,136,708
11	$7,404,134	-$2,699,860 -$362,803	$4,341,471
12	$7,774,386	-$2,836,853 -$380,945	$4,556,588
13	$8,163,060	-$2,980,663 -$399,990	$4,782,407
14	$8,571,364	-$3,131,735 -$419,997	$5,019,632
15	$8,999,902	-$3,290,294 -$440,995	$5,268,613
16	$9,449,882	-$3,456,787 -$463,044	$5,530,051
17	$9,922,210	-$3,631,548 -$486,188	$5,804,474
18	$10,418,396	-$3,815,137 -$510,501	$6,092,758
19	$10,939,346	-$4,007,888 -$536,028	$6,395,430
20	$11,486,268	-$4,210,250 -$562,827	$6,713,191
21	$12,060,672	-$4,422,779 -$590,973	$7,046,920
22	$12,663,766	-$4,645,924 -$620,525	$7,397,317
23	$13,296,758	-$4,880,131 -$651,541	$7,765,086
24	$13,961,762	-$5,126,182 -$684,126	$8,151,454
25	$14,659,684	-$5,384,413 -$718,325	$8,556,946
26	$15,392,940	-$5,655,718 -$754,254	$8,982,968
27	$16,162,436	-$5,940,432 -$791,959	$9,430,045
28	$16,970,588	-$6,239,448 -$831,559	$9,899,581
29	$17,819,208	-$6,553,437 -$873,141	$10,392,630
30	$18,710,108	-$6,883,070 -$916,795	$10,910,243