The jackpot for the MEGA Millions draw on Tue Jan 6, 2026, is projected to be $180 Million, with an option for a cash payout of $81.9 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 Tue Jan 6, 2026 |
|---|
| Draw Date | Tue Jan 6, 2026 | | Projected Jackpot | $180,000,000 | | Cash Value | $81,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $81,900,000 | | Federal Tax(24%) | $19,656,000 | | Additional Federal Tax | $10,607,330 | | State Tax(4.9%) | $4,013,100 | | Net Lumpsum Payment | $47,623,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,709,180 |
$962,727
$132,750 |
$1,613,703 |
| 2 |
$2,844,720 |
$1,012,877
$139,391 |
$1,692,452 |
| 3 |
$2,986,920 |
$1,065,491
$146,359 |
$1,775,070 |
| 4 |
$3,136,320 |
$1,120,769
$153,680 |
$1,861,871 |
| 5 |
$3,293,100 |
$1,178,777
$161,362 |
$1,952,961 |
| 6 |
$3,457,800 |
$1,239,716
$169,432 |
$2,048,652 |
| 7 |
$3,630,600 |
$1,303,652
$177,899 |
$2,149,049 |
| 8 |
$3,812,220 |
$1,370,852
$186,799 |
$2,254,569 |
| 9 |
$4,002,840 |
$1,441,381
$196,139 |
$2,365,320 |
| 10 |
$4,203,000 |
$1,515,440
$205,947 |
$2,481,613 |
| 11 |
$4,413,060 |
$1,593,163
$216,240 |
$2,603,657 |
| 12 |
$4,633,740 |
$1,674,814
$227,053 |
$2,731,873 |
| 13 |
$4,865,400 |
$1,760,528
$238,405 |
$2,866,467 |
| 14 |
$5,108,760 |
$1,850,572
$250,329 |
$3,007,859 |
| 15 |
$5,364,180 |
$1,945,077
$262,845 |
$3,156,258 |
| 16 |
$5,632,380 |
$2,044,311
$275,987 |
$3,312,082 |
| 17 |
$5,913,900 |
$2,148,473
$289,781 |
$3,475,646 |
| 18 |
$6,209,640 |
$2,257,897
$304,272 |
$3,647,471 |
| 19 |
$6,520,140 |
$2,372,782
$319,487 |
$3,827,871 |
| 20 |
$6,846,120 |
$2,493,395
$335,460 |
$4,017,265 |
| 21 |
$7,188,480 |
$2,620,068
$352,236 |
$4,216,176 |
| 22 |
$7,547,940 |
$2,753,068
$369,849 |
$4,425,023 |
| 23 |
$7,925,220 |
$2,892,662
$388,336 |
$4,644,222 |
| 24 |
$8,321,580 |
$3,039,315
$407,757 |
$4,874,508 |
| 25 |
$8,737,560 |
$3,193,228
$428,140 |
$5,116,192 |
| 26 |
$9,174,600 |
$3,354,932
$449,555 |
$5,370,113 |
| 27 |
$9,633,240 |
$3,524,629
$472,029 |
$5,636,582 |
| 28 |
$10,114,920 |
$3,702,851
$495,631 |
$5,916,438 |
| 29 |
$10,620,720 |
$3,889,997
$520,415 |
$6,210,308 |
| 30 |
$11,151,720 |
$4,086,467
$546,434 |
$6,518,819 |
|
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