Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jun 6, 2025 is estimated to be $223 Million, with a cash option of 99.4 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 Jun 6, 2025

Draw Date Jackpot Cash Option
Fri Jun 6, 2025$223,000,000$99,400,000

Lumpsum Option Taxes and Payment

Category Amount
Cash Gross Payment$99,400,000
Federal Tax(24%)$23,856,000
Additional Federal Tax$12,882,330
State Tax(4.9%)$4,870,600
Net Lumpsum Payment$57,791,070

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $3,356,373 -$1,202,188
-$164,462
$1,989,723
2 $3,524,292 -$1,264,318
-$172,690
$2,087,284
3 $3,700,462 -$1,329,501
-$181,323
$2,189,638
4 $3,885,552 -$1,397,985
-$190,392
$2,297,175
5 $4,079,785 -$1,469,851
-$199,909
$2,410,025
6 $4,283,830 -$1,545,347
-$209,908
$2,528,575
7 $4,497,910 -$1,624,557
-$220,398
$2,652,955
8 $4,722,917 -$1,707,810
-$231,423
$2,783,684
9 $4,959,074 -$1,795,188
-$242,995
$2,920,891
10 $5,207,050 -$1,886,939
-$255,145
$3,064,966
11 $5,467,291 -$1,983,228
-$267,897
$3,216,166
12 $5,740,689 -$2,084,385
-$281,294
$3,375,010
13 $6,027,690 -$2,190,576
-$295,357
$3,541,757
14 $6,329,186 -$2,302,129
-$310,130
$3,716,927
15 $6,645,623 -$2,419,211
-$325,636
$3,900,776
16 $6,977,893 -$2,542,151
-$341,917
$4,093,825
17 $7,326,665 -$2,671,196
-$359,007
$4,296,462
18 $7,693,054 -$2,806,760
-$376,960
$4,509,334
19 $8,077,729 -$2,949,090
-$395,809
$4,732,830
20 $8,481,582 -$3,098,516
-$415,598
$4,967,468
21 $8,905,728 -$3,255,450
-$436,381
$5,213,897
22 $9,351,059 -$3,420,222
-$458,202
$5,472,635
23 $9,818,467 -$3,593,163
-$481,105
$5,744,199
24 $10,309,513 -$3,774,850
-$505,166
$6,029,497
25 $10,824,866 -$3,965,531
-$530,418
$6,328,917
26 $11,366,310 -$4,165,865
-$556,949
$6,643,496
27 $11,934,514 -$4,376,101
-$584,791
$6,973,622
28 $12,531,262 -$4,596,897
-$614,032
$7,320,333
29 $13,157,892 -$4,828,750
-$644,737
$7,684,405
30 $13,815,742 -$5,072,155
-$676,971
$8,066,616
2
2
3
Cash Option: $99.4 Million
Next Draw: Fri Jun 6
Mega Millions
Tue Jun 3, 2025
162429364513

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