The jackpot for the MEGA Millions draw on Fri Nov 28, 2025, is projected to be $80 Million, with an option for a cash payout of $36.9 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 Nov 28, 2025 |
|---|
| Draw Date | Fri Nov 28, 2025 | | Projected Jackpot | $80,000,000 | | Cash Value | $36,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $36,900,000 | | Federal Tax(24%) | $8,856,000 | | Additional Federal Tax | $4,757,330 | | State Tax(4.9%) | $1,808,100 | | Net Lumpsum Payment | $21,478,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,204,080 |
$405,840 $59,000 |
$739,240 |
| 2 |
$1,264,320 |
$428,129 $61,952 |
$774,239 |
| 3 |
$1,327,520 |
$451,513 $65,048 |
$810,959 |
| 4 |
$1,393,920 |
$476,081 $68,302 |
$849,537 |
| 5 |
$1,463,600 |
$501,862 $71,716 |
$890,022 |
| 6 |
$1,536,800 |
$528,946 $75,303 |
$932,551 |
| 7 |
$1,613,600 |
$557,362 $79,066 |
$977,172 |
| 8 |
$1,694,320 |
$587,229 $83,022 |
$1,024,069 |
| 9 |
$1,779,040 |
$618,575 $87,173 |
$1,073,292 |
| 10 |
$1,868,000 |
$651,490 $91,532 |
$1,124,978 |
| 11 |
$1,961,360 |
$686,034 $96,107 |
$1,179,219 |
| 12 |
$2,059,440 |
$722,323 $100,913 |
$1,236,204 |
| 13 |
$2,162,400 |
$760,418 $105,958 |
$1,296,024 |
| 14 |
$2,270,560 |
$800,438 $111,257 |
$1,358,865 |
| 15 |
$2,384,080 |
$842,440 $116,820 |
$1,424,820 |
| 16 |
$2,503,280 |
$886,544 $122,661 |
$1,494,075 |
| 17 |
$2,628,400 |
$932,838 $128,792 |
$1,566,770 |
| 18 |
$2,759,840 |
$981,471 $135,232 |
$1,643,137 |
| 19 |
$2,897,840 |
$1,032,531 $141,994 |
$1,723,315 |
| 20 |
$3,042,720 |
$1,086,137 $149,093 |
$1,807,490 |
| 21 |
$3,194,880 |
$1,142,436 $156,549 |
$1,895,895 |
| 22 |
$3,354,640 |
$1,201,547 $164,377 |
$1,988,716 |
| 23 |
$3,522,320 |
$1,263,589 $172,594 |
$2,086,137 |
| 24 |
$3,698,480 |
$1,328,768 $181,226 |
$2,188,486 |
| 25 |
$3,883,360 |
$1,397,174 $190,285 |
$2,295,901 |
| 26 |
$4,077,600 |
$1,469,042 $199,802 |
$2,408,756 |
| 27 |
$4,281,440 |
$1,544,463 $209,791 |
$2,527,186 |
| 28 |
$4,495,520 |
$1,623,673 $220,280 |
$2,651,567 |
| 29 |
$4,720,320 |
$1,706,849 $231,296 |
$2,782,175 |
| 30 |
$4,956,320 |
$1,794,169 $242,860 |
$2,919,291 |
|
|