Arkansas Lottery

ARLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Dec 16, 2025 is estimated to be $80 Million, with a cash option of 36.2 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 Dec 16, 2025

Draw Date	Jackpot	Cash Option
Tue Dec 16, 2025	$80,000,000	$36,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$36,200,000
Federal Tax(24%)	$8,688,000
Additional Federal Tax	$4,666,330
State Tax(4.9%)	$1,773,800
Net Lumpsum Payment	$21,071,870

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,204,080	-$405,840 -$59,000	$739,240
2	$1,264,320	-$428,129 -$61,952	$774,239
3	$1,327,520	-$451,513 -$65,048	$810,959
4	$1,393,920	-$476,081 -$68,302	$849,537
5	$1,463,600	-$501,862 -$71,716	$890,022
6	$1,536,800	-$528,946 -$75,303	$932,551
7	$1,613,600	-$557,362 -$79,066	$977,172
8	$1,694,320	-$587,229 -$83,022	$1,024,069
9	$1,779,040	-$618,575 -$87,173	$1,073,292
10	$1,868,000	-$651,490 -$91,532	$1,124,978
11	$1,961,360	-$686,034 -$96,107	$1,179,219
12	$2,059,440	-$722,323 -$100,913	$1,236,204
13	$2,162,400	-$760,418 -$105,958	$1,296,024
14	$2,270,560	-$800,438 -$111,257	$1,358,865
15	$2,384,080	-$842,440 -$116,820	$1,424,820
16	$2,503,280	-$886,544 -$122,661	$1,494,075
17	$2,628,400	-$932,838 -$128,792	$1,566,770
18	$2,759,840	-$981,471 -$135,232	$1,643,137
19	$2,897,840	-$1,032,531 -$141,994	$1,723,315
20	$3,042,720	-$1,086,137 -$149,093	$1,807,490
21	$3,194,880	-$1,142,436 -$156,549	$1,895,895
22	$3,354,640	-$1,201,547 -$164,377	$1,988,716
23	$3,522,320	-$1,263,589 -$172,594	$2,086,137
24	$3,698,480	-$1,328,768 -$181,226	$2,188,486
25	$3,883,360	-$1,397,174 -$190,285	$2,295,901
26	$4,077,600	-$1,469,042 -$199,802	$2,408,756
27	$4,281,440	-$1,544,463 -$209,791	$2,527,186
28	$4,495,520	-$1,623,673 -$220,280	$2,651,567
29	$4,720,320	-$1,706,849 -$231,296	$2,782,175
30	$4,956,320	-$1,794,169 -$242,860	$2,919,291