The jackpot for the MEGA Millions draw on Tue Dec 2, 2025, is projected to be $90 Million, with an option for a cash payout of $41.9 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 Dec 2, 2025 |
|---|
| Draw Date | Tue Dec 2, 2025 | | Projected Jackpot | $90,000,000 | | Cash Value | $41,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $41,900,000 | | Federal Tax(24%) | $10,056,000 | | Additional Federal Tax | $5,407,330 | | State Tax(4.9%) | $2,053,100 | | Net Lumpsum Payment | $24,383,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,354,590 |
$461,529
$66,375 |
$826,686 |
| 2 |
$1,422,360 |
$486,604
$69,696 |
$866,060 |
| 3 |
$1,493,460 |
$512,911
$73,180 |
$907,369 |
| 4 |
$1,568,160 |
$540,550
$76,840 |
$950,770 |
| 5 |
$1,646,550 |
$569,554
$80,681 |
$996,315 |
| 6 |
$1,728,900 |
$600,023
$84,716 |
$1,044,161 |
| 7 |
$1,815,300 |
$631,991
$88,950 |
$1,094,359 |
| 8 |
$1,906,110 |
$665,591
$93,399 |
$1,147,120 |
| 9 |
$2,001,420 |
$700,856
$98,070 |
$1,202,494 |
| 10 |
$2,101,500 |
$737,885
$102,974 |
$1,260,641 |
| 11 |
$2,206,530 |
$776,746
$108,120 |
$1,321,664 |
| 12 |
$2,316,870 |
$817,572
$113,527 |
$1,385,771 |
| 13 |
$2,432,700 |
$860,429
$119,202 |
$1,453,069 |
| 14 |
$2,554,380 |
$905,451
$125,165 |
$1,523,764 |
| 15 |
$2,682,090 |
$952,704
$131,422 |
$1,597,964 |
| 16 |
$2,816,190 |
$1,002,321
$137,993 |
$1,675,876 |
| 17 |
$2,956,950 |
$1,054,402
$144,891 |
$1,757,657 |
| 18 |
$3,104,820 |
$1,109,114
$152,136 |
$1,843,570 |
| 19 |
$3,260,070 |
$1,166,556
$159,743 |
$1,933,771 |
| 20 |
$3,423,060 |
$1,226,863
$167,730 |
$2,028,467 |
| 21 |
$3,594,240 |
$1,290,199
$176,118 |
$2,127,923 |
| 22 |
$3,773,970 |
$1,356,699
$184,925 |
$2,232,346 |
| 23 |
$3,962,610 |
$1,426,496
$194,168 |
$2,341,946 |
| 24 |
$4,160,790 |
$1,499,823
$203,879 |
$2,457,088 |
| 25 |
$4,368,780 |
$1,576,779
$214,070 |
$2,577,931 |
| 26 |
$4,587,300 |
$1,657,631
$224,778 |
$2,704,891 |
| 27 |
$4,816,620 |
$1,742,480
$236,014 |
$2,838,126 |
| 28 |
$5,057,460 |
$1,831,591
$247,816 |
$2,978,053 |
| 29 |
$5,310,360 |
$1,925,164
$260,208 |
$3,124,988 |
| 30 |
$5,575,860 |
$2,023,399
$273,217 |
$3,279,244 |
|
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