The jackpot for the MEGA Millions draw on Fri Oct 17, 2025, is projected to be $625 Million, with an option for a cash payout of $288.8 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 Oct 17, 2025 |
|---|
| Draw Date | Fri Oct 17, 2025 | | Projected Jackpot | $625,000,000 | | Cash Value | $288,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $288,800,000 | | Federal Tax(24%) | $69,312,000 | | Additional Federal Tax | $37,504,330 | | State Tax(4.9%) | $14,151,200 | | Net Lumpsum Payment | $167,832,470 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,406,875 |
$3,440,874
$460,937 |
$5,505,064 |
| 2 |
$9,877,500 |
$3,615,005
$483,998 |
$5,778,497 |
| 3 |
$10,371,250 |
$3,797,693
$508,191 |
$6,065,366 |
| 4 |
$10,890,000 |
$3,989,630
$533,610 |
$6,366,760 |
| 5 |
$11,434,375 |
$4,191,049
$560,284 |
$6,683,042 |
| 6 |
$12,006,250 |
$4,402,643
$588,306 |
$7,015,301 |
| 7 |
$12,606,250 |
$4,624,643
$617,706 |
$7,363,901 |
| 8 |
$13,236,875 |
$4,857,974
$648,607 |
$7,730,294 |
| 9 |
$13,898,750 |
$5,102,868
$681,039 |
$8,114,843 |
| 10 |
$14,593,750 |
$5,360,018
$715,094 |
$8,518,638 |
| 11 |
$15,323,125 |
$5,629,887
$750,833 |
$8,942,405 |
| 12 |
$16,089,375 |
$5,913,399
$788,379 |
$9,387,597 |
| 13 |
$16,893,750 |
$6,211,018
$827,794 |
$9,854,938 |
| 14 |
$17,738,750 |
$6,523,668
$869,199 |
$10,345,883 |
| 15 |
$18,625,625 |
$6,851,812
$912,656 |
$10,861,157 |
| 16 |
$19,556,875 |
$7,196,374
$958,287 |
$11,402,214 |
| 17 |
$20,534,375 |
$7,558,049
$1,006,184 |
$11,970,142 |
| 18 |
$21,561,250 |
$7,937,993
$1,056,501 |
$12,566,756 |
| 19 |
$22,639,375 |
$8,336,899
$1,109,329 |
$13,193,147 |
| 20 |
$23,771,250 |
$8,755,693
$1,164,791 |
$13,850,766 |
| 21 |
$24,960,000 |
$9,195,530
$1,223,040 |
$14,541,430 |
| 22 |
$26,208,125 |
$9,657,337
$1,284,198 |
$15,266,590 |
| 23 |
$27,518,125 |
$10,142,037
$1,348,388 |
$16,027,700 |
| 24 |
$28,894,375 |
$10,651,249
$1,415,824 |
$16,827,302 |
| 25 |
$30,338,750 |
$11,185,668
$1,486,599 |
$17,666,483 |
| 26 |
$31,856,250 |
$11,747,143
$1,560,956 |
$18,548,151 |
| 27 |
$33,448,750 |
$12,336,368
$1,638,989 |
$19,473,393 |
| 28 |
$35,121,250 |
$12,955,193
$1,720,941 |
$20,445,116 |
| 29 |
$36,877,500 |
$13,605,005
$1,806,998 |
$21,465,497 |
| 30 |
$38,721,250 |
$14,287,193
$1,897,341 |
$22,536,716 |
|
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