Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Jul 18, 2025 is estimated to be $50 Million, with a cash option of 22.1 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 Jul 18, 2025

Draw Date	Jackpot	Cash Option
Fri Jul 18, 2025	$50,000,000	$22,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$22,100,000
Federal Tax(24%)	$5,304,000
Additional Federal Tax	$2,833,330
State Tax(4.9%)	$1,082,900
Net Lumpsum Payment	$12,879,770

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$752,550	-$238,774 -$36,875	$476,901
2	$790,200	-$252,704 -$38,720	$498,776
3	$829,700	-$267,319 -$40,655	$521,726
4	$871,200	-$282,674 -$42,689	$545,837
5	$914,750	-$298,788 -$44,823	$571,139
6	$960,500	-$315,715 -$47,065	$597,720
7	$1,008,500	-$333,475 -$49,417	$625,608
8	$1,058,950	-$352,142 -$51,889	$654,919
9	$1,111,900	-$371,733 -$54,483	$685,684
10	$1,167,500	-$392,305 -$57,208	$717,987
11	$1,225,850	-$413,895 -$60,067	$751,888
12	$1,287,150	-$436,576 -$63,070	$787,504
13	$1,351,500	-$460,385 -$66,224	$824,891
14	$1,419,100	-$485,397 -$69,536	$864,167
15	$1,490,050	-$511,649 -$73,012	$905,389
16	$1,564,550	-$539,214 -$76,663	$948,673
17	$1,642,750	-$568,148 -$80,495	$994,107
18	$1,724,900	-$598,543 -$84,520	$1,041,837
19	$1,811,150	-$630,456 -$88,746	$1,091,948
20	$1,901,700	-$663,959 -$93,183	$1,144,558
21	$1,996,800	-$699,146 -$97,843	$1,199,811
22	$2,096,650	-$736,091 -$102,736	$1,257,823
23	$2,201,450	-$774,867 -$107,871	$1,318,712
24	$2,311,550	-$815,604 -$113,266	$1,382,680
25	$2,427,100	-$858,357 -$118,928	$1,449,815
26	$2,548,500	-$903,275 -$124,877	$1,520,348
27	$2,675,900	-$950,413 -$131,119	$1,594,368
28	$2,809,700	-$999,919 -$137,675	$1,672,106
29	$2,950,200	-$1,051,904 -$144,560	$1,753,736
30	$3,097,700	-$1,106,479 -$151,787	$1,839,434