The jackpot for the MEGA Millions draw on Fri Feb 13, 2026, is projected to be $385 Million, with an option for a cash payout of $174.2 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 Feb 13, 2026 |
|---|
| Draw Date | Fri Feb 13, 2026 | | Projected Jackpot | $385,000,000 | | Cash Value | $174,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $174,200,000 | | Federal Tax(24%) | $41,808,000 | | Additional Federal Tax | $22,606,330 | | State Tax(4.9%) | $8,535,800 | | Net Lumpsum Payment | $101,249,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,794,635 |
$2,104,345
$283,937 |
$3,406,353 |
| 2 |
$6,084,540 |
$2,211,610
$298,142 |
$3,574,788 |
| 3 |
$6,388,690 |
$2,324,146
$313,046 |
$3,751,498 |
| 4 |
$6,708,240 |
$2,442,379
$328,704 |
$3,937,157 |
| 5 |
$7,043,575 |
$2,566,453
$345,135 |
$4,131,987 |
| 6 |
$7,395,850 |
$2,696,795
$362,397 |
$4,336,658 |
| 7 |
$7,765,450 |
$2,833,547
$380,507 |
$4,551,396 |
| 8 |
$8,153,915 |
$2,977,279
$399,542 |
$4,777,094 |
| 9 |
$8,561,630 |
$3,128,133
$419,520 |
$5,013,977 |
| 10 |
$8,989,750 |
$3,286,538
$440,498 |
$5,262,714 |
| 11 |
$9,439,045 |
$3,452,777
$462,513 |
$5,523,755 |
| 12 |
$9,911,055 |
$3,627,421
$485,642 |
$5,797,992 |
| 13 |
$10,406,550 |
$3,810,754
$509,921 |
$6,085,875 |
| 14 |
$10,927,070 |
$4,003,346
$535,426 |
$6,388,298 |
| 15 |
$11,473,385 |
$4,205,483
$562,196 |
$6,705,706 |
| 16 |
$12,047,035 |
$4,417,733
$590,305 |
$7,038,997 |
| 17 |
$12,649,175 |
$4,640,525
$619,810 |
$7,388,840 |
| 18 |
$13,281,730 |
$4,874,570
$650,805 |
$7,756,355 |
| 19 |
$13,945,855 |
$5,120,297
$683,347 |
$8,142,211 |
| 20 |
$14,643,090 |
$5,378,274
$717,511 |
$8,547,305 |
| 21 |
$15,375,360 |
$5,649,214
$753,393 |
$8,972,753 |
| 22 |
$16,144,205 |
$5,933,686
$791,066 |
$9,419,453 |
| 23 |
$16,951,165 |
$6,232,261
$830,607 |
$9,888,297 |
| 24 |
$17,798,935 |
$6,545,936
$872,148 |
$10,380,851 |
| 25 |
$18,688,670 |
$6,875,138
$915,745 |
$10,897,787 |
| 26 |
$19,623,450 |
$7,221,007
$961,549 |
$11,440,894 |
| 27 |
$20,604,430 |
$7,583,969
$1,009,617 |
$12,010,844 |
| 28 |
$21,634,690 |
$7,965,166
$1,060,100 |
$12,609,424 |
| 29 |
$22,716,540 |
$8,365,450
$1,113,110 |
$13,237,980 |
| 30 |
$23,852,290 |
$8,785,678
$1,168,762 |
$13,897,850 |
|
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