Jackpot Analysis Arkansas Mega Millions

Jackpot Analysis for Arkansas Mega Millions
The jackpot for the MEGA Millions draw on Fri Mar 21, 2025, is projected to be $324 Million, with an option for a cash payout of $150.6 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 Mar 21, 2025
Draw DateFri Mar 21, 2025
Projected Jackpot$324,000,000
Cash Value$150,600,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$150,600,000
Federal Tax(24%)$36,144,000
Additional Federal Tax$19,538,330
State Tax(4.9%)$7,379,400
Net Lumpsum Payment$87,538,270
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $4,876,524 $1,764,644
$238,950
$2,872,930
2 $5,120,496 $1,854,914
$250,904
$3,014,678
3 $5,376,456 $1,949,619
$263,446
$3,163,391
4 $5,645,376 $2,049,120
$276,623
$3,319,633
5 $5,927,580 $2,153,535
$290,451
$3,483,594
6 $6,224,040 $2,263,225
$304,978
$3,655,837
7 $6,535,080 $2,378,310
$320,219
$3,836,551
8 $6,861,996 $2,499,269
$336,238
$4,026,489
9 $7,205,112 $2,626,222
$353,050
$4,225,840
10 $7,565,400 $2,759,528
$370,705
$4,435,167
11 $7,943,508 $2,899,428
$389,232
$4,654,848
12 $8,340,732 $3,046,401
$408,696
$4,885,635
13 $8,757,720 $3,200,687
$429,128
$5,127,905
14 $9,195,768 $3,362,765
$450,593
$5,382,410
15 $9,655,524 $3,532,874
$473,121
$5,649,529
16 $10,138,284 $3,711,495
$496,776
$5,930,013
17 $10,645,020 $3,898,988
$521,606
$6,224,426
18 $11,177,352 $4,095,951
$547,690
$6,533,711
19 $11,736,252 $4,302,744
$575,076
$6,858,432
20 $12,323,016 $4,519,846
$603,828
$7,199,342
21 $12,939,264 $4,747,858
$634,024
$7,557,382
22 $13,586,292 $4,987,258
$665,728
$7,933,306
23 $14,265,396 $5,238,527
$699,004
$8,327,865
24 $14,978,844 $5,502,503
$733,963
$8,742,378
25 $15,727,608 $5,779,545
$770,653
$9,177,410
26 $16,514,280 $6,070,614
$809,200
$9,634,466
27 $17,339,832 $6,376,068
$849,652
$10,114,112
28 $18,206,856 $6,696,867
$892,136
$10,617,853
29 $19,117,296 $7,033,730
$936,748
$11,146,818
30 $20,073,096 $7,387,376
$983,582
$11,702,138