The jackpot for the MEGA Millions draw on Tue Mar 10, 2026, is projected to be $533 Million, with an option for a cash payout of $244.2 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 Tue Mar 10, 2026 |
|---|
| Draw Date | Tue Mar 10, 2026 | | Projected Jackpot | $533,000,000 | | Cash Value | $244,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $244,200,000 | | Federal Tax(24%) | $58,608,000 | | Additional Federal Tax | $31,706,330 | | State Tax(4.9%) | $11,965,800 | | Net Lumpsum Payment | $141,919,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,022,183 |
$2,928,538
$393,087 |
$4,700,558 |
| 2 |
$8,423,532 |
$3,077,037
$412,753 |
$4,933,742 |
| 3 |
$8,844,602 |
$3,232,833
$433,385 |
$5,178,384 |
| 4 |
$9,286,992 |
$3,396,517
$455,063 |
$5,435,412 |
| 5 |
$9,751,235 |
$3,568,287
$477,811 |
$5,705,137 |
| 6 |
$10,238,930 |
$3,748,734
$501,708 |
$5,988,488 |
| 7 |
$10,750,610 |
$3,938,056
$526,780 |
$6,285,774 |
| 8 |
$11,288,407 |
$4,137,041
$553,132 |
$6,598,234 |
| 9 |
$11,852,854 |
$4,345,886
$580,790 |
$6,926,178 |
| 10 |
$12,445,550 |
$4,565,184
$609,832 |
$7,270,534 |
| 11 |
$13,067,561 |
$4,795,328
$640,310 |
$7,631,923 |
| 12 |
$13,721,019 |
$5,037,107
$672,330 |
$8,011,582 |
| 13 |
$14,406,990 |
$5,290,917
$705,943 |
$8,410,130 |
| 14 |
$15,127,606 |
$5,557,545
$741,253 |
$8,828,808 |
| 15 |
$15,883,933 |
$5,837,386
$778,313 |
$9,268,234 |
| 16 |
$16,678,103 |
$6,131,228
$817,227 |
$9,729,648 |
| 17 |
$17,511,715 |
$6,439,665
$858,074 |
$10,213,976 |
| 18 |
$18,387,434 |
$6,763,681
$900,984 |
$10,722,769 |
| 19 |
$19,306,859 |
$7,103,868
$946,036 |
$11,256,955 |
| 20 |
$20,272,122 |
$7,461,016
$993,334 |
$11,817,772 |
| 21 |
$21,285,888 |
$7,836,109
$1,043,009 |
$12,406,770 |
| 22 |
$22,350,289 |
$8,229,937
$1,095,164 |
$13,025,188 |
| 23 |
$23,467,457 |
$8,643,289
$1,149,905 |
$13,674,263 |
| 24 |
$24,641,123 |
$9,077,546
$1,207,415 |
$14,356,162 |
| 25 |
$25,872,886 |
$9,533,298
$1,267,771 |
$15,071,817 |
| 26 |
$27,167,010 |
$10,012,124
$1,331,183 |
$15,823,703 |
| 27 |
$28,525,094 |
$10,514,615
$1,397,730 |
$16,612,749 |
| 28 |
$29,951,402 |
$11,042,349
$1,467,619 |
$17,441,434 |
| 29 |
$31,449,132 |
$11,596,509
$1,541,007 |
$18,311,616 |
| 30 |
$33,021,482 |
$12,178,279
$1,618,053 |
$19,225,150 |
|
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