Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Mar 10, 2026 is estimated to be $533 Million, with a cash option of 244.2 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 Mar 10, 2026

Draw Date	Jackpot	Cash Option
Tue Mar 10, 2026	$533,000,000	$244,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$244,200,000
Federal Tax(24%)	$58,608,000
Additional Federal Tax	$31,706,330
State Tax(4.9%)	$11,965,800
Net Lumpsum Payment	$141,919,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,022,183	-$2,928,538 -$393,087	$4,700,558
2	$8,423,532	-$3,077,037 -$412,753	$4,933,742
3	$8,844,602	-$3,232,833 -$433,385	$5,178,384
4	$9,286,992	-$3,396,517 -$455,063	$5,435,412
5	$9,751,235	-$3,568,287 -$477,811	$5,705,137
6	$10,238,930	-$3,748,734 -$501,708	$5,988,488
7	$10,750,610	-$3,938,056 -$526,780	$6,285,774
8	$11,288,407	-$4,137,041 -$553,132	$6,598,234
9	$11,852,854	-$4,345,886 -$580,790	$6,926,178
10	$12,445,550	-$4,565,184 -$609,832	$7,270,534
11	$13,067,561	-$4,795,328 -$640,310	$7,631,923
12	$13,721,019	-$5,037,107 -$672,330	$8,011,582
13	$14,406,990	-$5,290,917 -$705,943	$8,410,130
14	$15,127,606	-$5,557,545 -$741,253	$8,828,808
15	$15,883,933	-$5,837,386 -$778,313	$9,268,234
16	$16,678,103	-$6,131,228 -$817,227	$9,729,648
17	$17,511,715	-$6,439,665 -$858,074	$10,213,976
18	$18,387,434	-$6,763,681 -$900,984	$10,722,769
19	$19,306,859	-$7,103,868 -$946,036	$11,256,955
20	$20,272,122	-$7,461,016 -$993,334	$11,817,772
21	$21,285,888	-$7,836,109 -$1,043,009	$12,406,770
22	$22,350,289	-$8,229,937 -$1,095,164	$13,025,188
23	$23,467,457	-$8,643,289 -$1,149,905	$13,674,263
24	$24,641,123	-$9,077,546 -$1,207,415	$14,356,162
25	$25,872,886	-$9,533,298 -$1,267,771	$15,071,817
26	$27,167,010	-$10,012,124 -$1,331,183	$15,823,703
27	$28,525,094	-$10,514,615 -$1,397,730	$16,612,749
28	$29,951,402	-$11,042,349 -$1,467,619	$17,441,434
29	$31,449,132	-$11,596,509 -$1,541,007	$18,311,616
30	$33,021,482	-$12,178,279 -$1,618,053	$19,225,150