The jackpot for the MEGA Millions draw on Fri Nov 13, 2026, is projected to be $555 Million, with an option for a cash payout of $235.2 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 Fri Nov 13, 2026 |
|---|
| Draw Date | Fri Nov 13, 2026 | | Projected Jackpot | $555,000,000 | | Cash Value | $235,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $235,200,000 | | Federal Tax(24%) | $56,448,000 | | Additional Federal Tax | $30,536,330 | | State Tax(4.9%) | $11,524,800 | | Net Lumpsum Payment | $136,690,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,353,305 |
$3,051,053
$409,312 |
$4,892,940 |
| 2 |
$8,771,220 |
$3,205,682
$429,790 |
$5,135,748 |
| 3 |
$9,209,670 |
$3,367,908
$451,274 |
$5,390,488 |
| 4 |
$9,670,320 |
$3,538,349
$473,846 |
$5,658,125 |
| 5 |
$10,153,725 |
$3,717,209
$497,533 |
$5,938,983 |
| 6 |
$10,661,550 |
$3,905,104
$522,416 |
$6,234,030 |
| 7 |
$11,194,350 |
$4,102,240
$548,523 |
$6,543,587 |
| 8 |
$11,754,345 |
$4,309,438
$575,963 |
$6,868,944 |
| 9 |
$12,342,090 |
$4,526,904
$604,762 |
$7,210,424 |
| 10 |
$12,959,250 |
$4,755,253
$635,003 |
$7,568,994 |
| 11 |
$13,606,935 |
$4,994,896
$666,740 |
$7,945,299 |
| 12 |
$14,287,365 |
$5,246,655
$700,081 |
$8,340,629 |
| 13 |
$15,001,650 |
$5,510,941
$735,081 |
$8,755,628 |
| 14 |
$15,752,010 |
$5,788,574
$771,848 |
$9,191,588 |
| 15 |
$16,539,555 |
$6,079,966
$810,438 |
$9,649,151 |
| 16 |
$17,366,505 |
$6,385,937
$850,959 |
$10,129,609 |
| 17 |
$18,234,525 |
$6,707,105
$893,492 |
$10,633,928 |
| 18 |
$19,146,390 |
$7,044,495
$938,173 |
$11,163,722 |
| 19 |
$20,103,765 |
$7,398,723
$985,084 |
$11,719,958 |
| 20 |
$21,108,870 |
$7,770,612
$1,034,335 |
$12,303,923 |
| 21 |
$22,164,480 |
$8,161,188
$1,086,060 |
$12,917,232 |
| 22 |
$23,272,815 |
$8,571,272
$1,140,368 |
$13,561,175 |
| 23 |
$24,436,095 |
$9,001,686
$1,197,369 |
$14,237,040 |
| 24 |
$25,658,205 |
$9,453,866
$1,257,252 |
$14,947,087 |
| 25 |
$26,940,810 |
$9,928,430
$1,320,100 |
$15,692,280 |
| 26 |
$28,288,350 |
$10,427,020
$1,386,129 |
$16,475,201 |
| 27 |
$29,702,490 |
$10,950,252
$1,455,422 |
$17,296,816 |
| 28 |
$31,187,670 |
$11,499,768
$1,528,196 |
$18,159,706 |
| 29 |
$32,747,220 |
$12,076,802
$1,604,614 |
$19,065,804 |
| 30 |
$34,384,470 |
$12,682,584
$1,684,839 |
$20,017,047 |
|
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