The jackpot for the MEGA Millions draw on Fri Jan 9, 2026, is projected to be $199 Million, with an option for a cash payout of $90.5 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 Jan 9, 2026 |
|---|
| Draw Date | Fri Jan 9, 2026 | | Projected Jackpot | $199,000,000 | | Cash Value | $90,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $90,500,000 | | Federal Tax(24%) | $21,720,000 | | Additional Federal Tax | $11,725,330 | | State Tax(4.9%) | $4,434,500 | | Net Lumpsum Payment | $52,620,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,995,149 |
$1,068,536
$146,762 |
$1,779,851 |
| 2 |
$3,144,996 |
$1,123,979
$154,105 |
$1,866,912 |
| 3 |
$3,302,206 |
$1,182,147
$161,808 |
$1,958,251 |
| 4 |
$3,467,376 |
$1,243,260
$169,901 |
$2,054,215 |
| 5 |
$3,640,705 |
$1,307,391
$178,395 |
$2,154,919 |
| 6 |
$3,822,790 |
$1,374,763
$187,317 |
$2,260,710 |
| 7 |
$4,013,830 |
$1,445,447
$196,678 |
$2,371,705 |
| 8 |
$4,214,621 |
$1,519,740
$206,516 |
$2,488,365 |
| 9 |
$4,425,362 |
$1,597,714
$216,843 |
$2,610,805 |
| 10 |
$4,646,650 |
$1,679,591
$227,686 |
$2,739,373 |
| 11 |
$4,878,883 |
$1,765,517
$239,065 |
$2,874,301 |
| 12 |
$5,122,857 |
$1,855,787
$251,020 |
$3,016,050 |
| 13 |
$5,378,970 |
$1,950,549
$263,570 |
$3,164,851 |
| 14 |
$5,648,018 |
$2,050,097
$276,753 |
$3,321,168 |
| 15 |
$5,930,399 |
$2,154,578
$290,590 |
$3,485,231 |
| 16 |
$6,226,909 |
$2,264,287
$305,119 |
$3,657,503 |
| 17 |
$6,538,145 |
$2,379,444
$320,369 |
$3,838,332 |
| 18 |
$6,865,102 |
$2,500,418
$336,390 |
$4,028,294 |
| 19 |
$7,208,377 |
$2,627,430
$353,210 |
$4,227,737 |
| 20 |
$7,568,766 |
$2,760,774
$370,870 |
$4,437,122 |
| 21 |
$7,947,264 |
$2,900,818
$389,416 |
$4,657,030 |
| 22 |
$8,344,667 |
$3,047,857
$408,889 |
$4,887,921 |
| 23 |
$8,761,771 |
$3,202,186
$429,327 |
$5,130,258 |
| 24 |
$9,199,969 |
$3,364,319
$450,798 |
$5,384,852 |
| 25 |
$9,659,858 |
$3,534,478
$473,333 |
$5,652,047 |
| 26 |
$10,143,030 |
$3,713,251
$497,008 |
$5,932,771 |
| 27 |
$10,650,082 |
$3,900,861
$521,854 |
$6,227,367 |
| 28 |
$11,182,606 |
$4,097,895
$547,948 |
$6,536,763 |
| 29 |
$11,741,796 |
$4,304,795
$575,348 |
$6,861,653 |
| 30 |
$12,328,846 |
$4,522,003
$604,113 |
$7,202,730 |
|
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