If one ticket matches all six numbers for the $425 million mega-jackpot, the winner will have the choice of receiving the full jackpot in 30 annual payments, or a cash option of approximately $228 million before taxes.
“The strong sales of Mega Millions® tickets mean more than just an exciting jackpot,” said Bishop Woosley, Director of the Arkansas Scholarship Lottery. “They mean greater profits to benefit each state in which Mega Millions® is played.”
Since the game started in Arkansas, several large prizes have been awarded, including three $1,000,000 prizes, one $500,000 prize, thirteen $250,0000 prizes, two $125,000 prizes and 88 prizes ranging from $10,000 - $40,000.
Mega Millions® drawings are held Tuesday and Friday evenings at 10 p.m. Central Time. Profits from every Mega Millions® ticket sold remain in the state in which the ticket was sold.
All net proceeds of the Arkansas Scholarship Lottery go to fund college scholarships for Arkansas students at in-state two- or four-year institutions of higher learning.