The jackpot for the MEGA Millions draw on Fri Sep 19, 2025, is projected to be $423 Million, with an option for a cash payout of $196.5 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Arkansas residents, the state will deduct 4.9% from your lottery earnings.
| Arkansas MEGA Millions Jackpot/Cash Option for Fri Sep 19, 2025 |
|---|
| Draw Date | Fri Sep 19, 2025 | | Projected Jackpot | $423,000,000 | | Cash Value | $196,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $196,500,000 | | Federal Tax(24%) | $47,160,000 | | Additional Federal Tax | $25,505,330 | | State Tax(4.9%) | $9,628,500 | | Net Lumpsum Payment | $114,206,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,366,573 |
$2,315,962
$311,962 |
$3,738,649 |
| 2 |
$6,685,092 |
$2,433,814
$327,570 |
$3,923,708 |
| 3 |
$7,019,262 |
$2,557,457
$343,944 |
$4,117,861 |
| 4 |
$7,370,352 |
$2,687,361
$361,147 |
$4,321,844 |
| 5 |
$7,738,785 |
$2,823,681
$379,200 |
$4,535,904 |
| 6 |
$8,125,830 |
$2,966,887
$398,166 |
$4,760,777 |
| 7 |
$8,531,910 |
$3,117,137
$418,064 |
$4,996,709 |
| 8 |
$8,958,717 |
$3,275,056
$438,977 |
$5,244,684 |
| 9 |
$9,406,674 |
$3,440,800
$460,927 |
$5,504,947 |
| 10 |
$9,877,050 |
$3,614,839
$483,975 |
$5,778,236 |
| 11 |
$10,370,691 |
$3,797,486
$508,164 |
$6,065,041 |
| 12 |
$10,889,289 |
$3,989,367
$533,575 |
$6,366,347 |
| 13 |
$11,433,690 |
$4,190,796
$560,251 |
$6,682,643 |
| 14 |
$12,005,586 |
$4,402,397
$588,274 |
$7,014,915 |
| 15 |
$12,605,823 |
$4,624,485
$617,685 |
$7,363,653 |
| 16 |
$13,236,093 |
$4,857,685
$648,569 |
$7,729,839 |
| 17 |
$13,897,665 |
$5,102,466
$680,986 |
$8,114,213 |
| 18 |
$14,592,654 |
$5,359,612
$715,040 |
$8,518,002 |
| 19 |
$15,322,329 |
$5,629,592
$750,794 |
$8,941,943 |
| 20 |
$16,088,382 |
$5,913,032
$788,331 |
$9,387,019 |
| 21 |
$16,892,928 |
$6,210,714
$827,753 |
$9,854,461 |
| 22 |
$17,737,659 |
$6,523,264
$869,145 |
$10,345,250 |
| 23 |
$18,624,267 |
$6,851,309
$912,589 |
$10,860,369 |
| 24 |
$19,555,713 |
$7,195,944
$958,230 |
$11,401,539 |
| 25 |
$20,533,266 |
$7,557,639
$1,006,130 |
$11,969,497 |
| 26 |
$21,560,310 |
$7,937,645
$1,056,455 |
$12,566,210 |
| 27 |
$22,638,114 |
$8,336,433
$1,109,268 |
$13,192,413 |
| 28 |
$23,770,062 |
$8,755,253
$1,164,733 |
$13,850,076 |
| 29 |
$24,958,692 |
$9,195,046
$1,222,976 |
$14,540,670 |
| 30 |
$26,206,542 |
$9,656,751
$1,284,121 |
$15,265,670 |
|
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