Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Nov 4, 2025 is estimated to be $800 Million, with a cash option of 371.7 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 Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Arkansas MEGA Millions Jackpot/Cash Option for Tue Nov 4, 2025

Draw Date	Jackpot	Cash Option
Tue Nov 4, 2025	$800,000,000	$371,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$371,700,000
Federal Tax(24%)	$89,208,000
Additional Federal Tax	$48,281,330
State Tax(4.9%)	$18,213,300
Net Lumpsum Payment	$215,997,370

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$12,040,800	-$4,415,426 -$589,999	$7,035,375
2	$12,643,200	-$4,638,314 -$619,517	$7,385,369
3	$13,275,200	-$4,872,154 -$650,485	$7,752,561
4	$13,939,200	-$5,117,834 -$683,021	$8,138,345
5	$14,636,000	-$5,375,650 -$717,164	$8,543,186
6	$15,368,000	-$5,646,490 -$753,032	$8,968,478
7	$16,136,000	-$5,930,650 -$790,664	$9,414,686
8	$16,943,200	-$6,229,314 -$830,217	$9,883,669
9	$17,790,400	-$6,542,778 -$871,730	$10,375,892
10	$18,680,000	-$6,871,930 -$915,320	$10,892,750
11	$19,613,600	-$7,217,362 -$961,066	$11,435,172
12	$20,594,400	-$7,580,258 -$1,009,126	$12,005,016
13	$21,624,000	-$7,961,210 -$1,059,576	$12,603,214
14	$22,705,600	-$8,361,402 -$1,112,574	$13,231,624
15	$23,840,800	-$8,781,426 -$1,168,199	$13,891,175
16	$25,032,800	-$9,222,466 -$1,226,607	$14,583,727
17	$26,284,000	-$9,685,410 -$1,287,916	$15,310,674
18	$27,598,400	-$10,171,738 -$1,352,322	$16,074,340
19	$28,978,400	-$10,682,338 -$1,419,942	$16,876,120
20	$30,427,200	-$11,218,394 -$1,490,933	$17,717,873
21	$31,948,800	-$11,781,386 -$1,565,491	$18,601,923
22	$33,546,400	-$12,372,498 -$1,643,774	$19,530,128
23	$35,223,200	-$12,992,914 -$1,725,937	$20,504,349
24	$36,984,800	-$13,644,706 -$1,812,255	$21,527,839
25	$38,833,600	-$14,328,762 -$1,902,846	$22,601,992
26	$40,776,000	-$15,047,450 -$1,998,024	$23,730,526
27	$42,814,400	-$15,801,658 -$2,097,906	$24,914,836
28	$44,955,200	-$16,593,754 -$2,202,805	$26,158,641
29	$47,203,200	-$17,425,514 -$2,312,957	$27,464,729
30	$49,563,200	-$18,298,714 -$2,428,597	$28,835,889