The jackpot for the MEGA Millions draw on Tue Jan 13, 2026, is projected to be $215 Million, with an option for a cash payout of $98.3 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 13, 2026 |
|---|
| Draw Date | Tue Jan 13, 2026 | | Projected Jackpot | $215,000,000 | | Cash Value | $98,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $98,300,000 | | Federal Tax(24%) | $23,592,000 | | Additional Federal Tax | $12,739,330 | | State Tax(4.9%) | $4,816,700 | | Net Lumpsum Payment | $57,151,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,235,965 |
$1,157,637
$158,562 |
$1,919,766 |
| 2 |
$3,397,860 |
$1,217,539
$166,495 |
$2,013,826 |
| 3 |
$3,567,710 |
$1,280,383
$174,818 |
$2,112,509 |
| 4 |
$3,746,160 |
$1,346,410
$183,562 |
$2,216,188 |
| 5 |
$3,933,425 |
$1,415,698
$192,738 |
$2,324,989 |
| 6 |
$4,130,150 |
$1,488,486
$202,377 |
$2,439,287 |
| 7 |
$4,336,550 |
$1,564,854
$212,491 |
$2,559,205 |
| 8 |
$4,553,485 |
$1,645,120
$223,121 |
$2,685,244 |
| 9 |
$4,781,170 |
$1,729,363
$234,277 |
$2,817,530 |
| 10 |
$5,020,250 |
$1,817,823
$245,992 |
$2,956,435 |
| 11 |
$5,271,155 |
$1,910,658
$258,287 |
$3,102,210 |
| 12 |
$5,534,745 |
$2,008,186
$271,203 |
$3,255,356 |
| 13 |
$5,811,450 |
$2,110,567
$284,761 |
$3,416,122 |
| 14 |
$6,102,130 |
$2,218,118
$299,004 |
$3,585,008 |
| 15 |
$6,407,215 |
$2,331,000
$313,954 |
$3,762,261 |
| 16 |
$6,727,565 |
$2,449,529
$329,651 |
$3,948,385 |
| 17 |
$7,063,825 |
$2,573,946
$346,127 |
$4,143,752 |
| 18 |
$7,417,070 |
$2,704,646
$363,436 |
$4,348,988 |
| 19 |
$7,787,945 |
$2,841,870
$381,609 |
$4,564,466 |
| 20 |
$8,177,310 |
$2,985,935
$400,688 |
$4,790,687 |
| 21 |
$8,586,240 |
$3,137,239
$420,726 |
$5,028,275 |
| 22 |
$9,015,595 |
$3,296,101
$441,764 |
$5,277,730 |
| 23 |
$9,466,235 |
$3,462,837
$463,846 |
$5,539,552 |
| 24 |
$9,939,665 |
$3,638,006
$487,044 |
$5,814,615 |
| 25 |
$10,436,530 |
$3,821,846
$511,390 |
$6,103,294 |
| 26 |
$10,958,550 |
$4,014,994
$536,969 |
$6,406,587 |
| 27 |
$11,506,370 |
$4,217,687
$563,812 |
$6,724,871 |
| 28 |
$12,081,710 |
$4,430,563
$592,004 |
$7,059,143 |
| 29 |
$12,685,860 |
$4,654,099
$621,607 |
$7,410,154 |
| 30 |
$13,320,110 |
$4,888,771
$652,685 |
$7,778,654 |
|
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