The jackpot for the MEGA Millions draw on Tue Oct 7, 2025, is projected to be $547 Million, with an option for a cash payout of $251.7 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 Tue Oct 7, 2025 |
|---|
| Draw Date | Tue Oct 7, 2025 | | Projected Jackpot | $547,000,000 | | Cash Value | $251,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $251,700,000 | | Federal Tax(24%) | $60,408,000 | | Additional Federal Tax | $32,681,330 | | State Tax(4.9%) | $12,333,300 | | Net Lumpsum Payment | $146,277,370 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,232,897 |
$3,006,502
$403,412 |
$4,822,983 |
| 2 |
$8,644,788 |
$3,158,902
$423,595 |
$5,062,291 |
| 3 |
$9,076,918 |
$3,318,790
$444,769 |
$5,313,359 |
| 4 |
$9,530,928 |
$3,486,774
$467,015 |
$5,577,139 |
| 5 |
$10,007,365 |
$3,663,055
$490,361 |
$5,853,949 |
| 6 |
$10,507,870 |
$3,848,242
$514,886 |
$6,144,742 |
| 7 |
$11,032,990 |
$4,042,537
$540,617 |
$6,449,836 |
| 8 |
$11,584,913 |
$4,246,748
$567,661 |
$6,770,504 |
| 9 |
$12,164,186 |
$4,461,079
$596,045 |
$7,107,062 |
| 10 |
$12,772,450 |
$4,686,137
$625,850 |
$7,460,463 |
| 11 |
$13,410,799 |
$4,922,326
$657,129 |
$7,831,344 |
| 12 |
$14,081,421 |
$5,170,456
$689,990 |
$8,220,975 |
| 13 |
$14,785,410 |
$5,430,932
$724,485 |
$8,629,993 |
| 14 |
$15,524,954 |
$5,704,563
$760,723 |
$9,059,668 |
| 15 |
$16,301,147 |
$5,991,755
$798,756 |
$9,510,636 |
| 16 |
$17,116,177 |
$6,293,316
$838,693 |
$9,984,168 |
| 17 |
$17,971,685 |
$6,609,854
$880,613 |
$10,481,218 |
| 18 |
$18,870,406 |
$6,942,381
$924,650 |
$11,003,375 |
| 19 |
$19,813,981 |
$7,291,503
$970,885 |
$11,551,593 |
| 20 |
$20,804,598 |
$7,658,032
$1,019,425 |
$12,127,141 |
| 21 |
$21,844,992 |
$8,042,977
$1,070,405 |
$12,731,610 |
| 22 |
$22,937,351 |
$8,447,150
$1,123,930 |
$13,366,271 |
| 23 |
$24,083,863 |
$8,871,360
$1,180,109 |
$14,032,394 |
| 24 |
$25,288,357 |
$9,317,022
$1,239,129 |
$14,732,206 |
| 25 |
$26,552,474 |
$9,784,746
$1,301,071 |
$15,466,657 |
| 26 |
$27,880,590 |
$10,276,149
$1,366,149 |
$16,238,292 |
| 27 |
$29,274,346 |
$10,791,838
$1,434,443 |
$17,048,065 |
| 28 |
$30,738,118 |
$11,333,434
$1,506,168 |
$17,898,516 |
| 29 |
$32,275,188 |
$11,902,150
$1,581,484 |
$18,791,554 |
| 30 |
$33,888,838 |
$12,499,200
$1,660,553 |
$19,729,085 |
|
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