The jackpot for the MEGA Millions draw on Tue Oct 14, 2025, is projected to be $600 Million, with an option for a cash payout of $277.2 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 Oct 14, 2025 |
|---|
| Draw Date | Tue Oct 14, 2025 | | Projected Jackpot | $600,000,000 | | Cash Value | $277,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $277,200,000 | | Federal Tax(24%) | $66,528,000 | | Additional Federal Tax | $35,996,330 | | State Tax(4.9%) | $13,582,800 | | Net Lumpsum Payment | $161,092,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,030,600 |
$3,301,652
$442,499 |
$5,286,449 |
| 2 |
$9,482,400 |
$3,468,818
$464,638 |
$5,548,944 |
| 3 |
$9,956,400 |
$3,644,198
$487,864 |
$5,824,338 |
| 4 |
$10,454,400 |
$3,828,458
$512,266 |
$6,113,676 |
| 5 |
$10,977,000 |
$4,021,820
$537,873 |
$6,417,307 |
| 6 |
$11,526,000 |
$4,224,950
$564,774 |
$6,736,276 |
| 7 |
$12,102,000 |
$4,438,070
$592,998 |
$7,070,932 |
| 8 |
$12,707,400 |
$4,662,068
$622,663 |
$7,422,669 |
| 9 |
$13,342,800 |
$4,897,166
$653,797 |
$7,791,837 |
| 10 |
$14,010,000 |
$5,144,030
$686,490 |
$8,179,480 |
| 11 |
$14,710,200 |
$5,403,104
$720,800 |
$8,586,296 |
| 12 |
$15,445,800 |
$5,675,276
$756,844 |
$9,013,680 |
| 13 |
$16,218,000 |
$5,960,990
$794,682 |
$9,462,328 |
| 14 |
$17,029,200 |
$6,261,134
$834,431 |
$9,933,635 |
| 15 |
$17,880,600 |
$6,576,152
$876,149 |
$10,428,299 |
| 16 |
$18,774,600 |
$6,906,932
$919,955 |
$10,947,713 |
| 17 |
$19,713,000 |
$7,254,140
$965,937 |
$11,492,923 |
| 18 |
$20,698,800 |
$7,618,886
$1,014,241 |
$12,065,673 |
| 19 |
$21,733,800 |
$8,001,836
$1,064,956 |
$12,667,008 |
| 20 |
$22,820,400 |
$8,403,878
$1,118,200 |
$13,298,322 |
| 21 |
$23,961,600 |
$8,826,122
$1,174,118 |
$13,961,360 |
| 22 |
$25,159,800 |
$9,269,456
$1,232,830 |
$14,657,514 |
| 23 |
$26,417,400 |
$9,734,768
$1,294,453 |
$15,388,179 |
| 24 |
$27,738,600 |
$10,223,612
$1,359,191 |
$16,155,797 |
| 25 |
$29,125,200 |
$10,736,654
$1,427,135 |
$16,961,411 |
| 26 |
$30,582,000 |
$11,275,670
$1,498,518 |
$17,807,812 |
| 27 |
$32,110,800 |
$11,841,326
$1,573,429 |
$18,696,045 |
| 28 |
$33,716,400 |
$12,435,398
$1,652,104 |
$19,628,898 |
| 29 |
$35,402,400 |
$13,059,218
$1,734,718 |
$20,608,464 |
| 30 |
$37,172,400 |
$13,714,118
$1,821,448 |
$21,636,834 |
|
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