The jackpot for the MEGA Millions draw on Fri Dec 12, 2025, is projected to be $70 Million, with an option for a cash payout of $32 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 Dec 12, 2025 |
|---|
| Draw Date | Fri Dec 12, 2025 | | Projected Jackpot | $70,000,000 | | Cash Value | $32,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $32,000,000 | | Federal Tax(24%) | $7,680,000 | | Additional Federal Tax | $4,120,330 | | State Tax(4.9%) | $1,568,000 | | Net Lumpsum Payment | $18,631,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,053,570 |
$350,151
$51,625 |
$651,794 |
| 2 |
$1,106,280 |
$369,654
$54,208 |
$682,418 |
| 3 |
$1,161,580 |
$390,115
$56,917 |
$714,548 |
| 4 |
$1,219,680 |
$411,612
$59,764 |
$748,304 |
| 5 |
$1,280,650 |
$434,171
$62,752 |
$783,727 |
| 6 |
$1,344,700 |
$457,869
$65,890 |
$820,941 |
| 7 |
$1,411,900 |
$482,733
$69,183 |
$859,984 |
| 8 |
$1,482,530 |
$508,866
$72,644 |
$901,020 |
| 9 |
$1,556,660 |
$536,295
$76,276 |
$944,089 |
| 10 |
$1,634,500 |
$565,095
$80,091 |
$989,314 |
| 11 |
$1,716,190 |
$595,321
$84,093 |
$1,036,776 |
| 12 |
$1,802,010 |
$627,074
$88,298 |
$1,086,638 |
| 13 |
$1,892,100 |
$660,407
$92,713 |
$1,138,980 |
| 14 |
$1,986,740 |
$695,424
$97,350 |
$1,193,966 |
| 15 |
$2,086,070 |
$732,176
$102,217 |
$1,251,677 |
| 16 |
$2,190,370 |
$770,767
$107,328 |
$1,312,275 |
| 17 |
$2,299,850 |
$811,275
$112,693 |
$1,375,882 |
| 18 |
$2,414,860 |
$853,829
$118,328 |
$1,442,703 |
| 19 |
$2,535,610 |
$898,506
$124,245 |
$1,512,859 |
| 20 |
$2,662,380 |
$945,411
$130,457 |
$1,586,512 |
| 21 |
$2,795,520 |
$994,673
$136,980 |
$1,663,867 |
| 22 |
$2,935,310 |
$1,046,395
$143,830 |
$1,745,085 |
| 23 |
$3,082,030 |
$1,100,681
$151,019 |
$1,830,330 |
| 24 |
$3,236,170 |
$1,157,713
$158,572 |
$1,919,885 |
| 25 |
$3,397,940 |
$1,217,568
$166,499 |
$2,013,873 |
| 26 |
$3,567,900 |
$1,280,453
$174,827 |
$2,112,620 |
| 27 |
$3,746,260 |
$1,346,447
$183,567 |
$2,216,246 |
| 28 |
$3,933,580 |
$1,415,755
$192,745 |
$2,325,080 |
| 29 |
$4,130,280 |
$1,488,534
$202,384 |
$2,439,362 |
| 30 |
$4,336,780 |
$1,564,939
$212,502 |
$2,559,339 |
|
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