West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 8, 2026 is estimated to be $193 Million, with a cash option of 82.8 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of West Virginia, your state will take 6.5% of your lottery winnings.

Please note that the calculation of the MEGA Millions jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

West Virginia MEGA Millions Jackpot/Cash Option for Tue Sep 8, 2026

Draw Date	Jackpot	Cash Option
Tue Sep 8, 2026	$193,000,000	$82,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$82,800,000
Federal Tax(24%)	$19,872,000
Additional Federal Tax	$10,724,330
State Tax(6.5%)	$5,382,000
Net Lumpsum Payment	$46,821,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,904,843	-$1,035,122 -$188,815	$1,680,906
2	$3,050,172	-$1,088,894 -$198,261	$1,763,017
3	$3,202,642	-$1,145,308 -$208,172	$1,849,162
4	$3,362,832	-$1,204,578 -$218,584	$1,939,670
5	$3,530,935	-$1,266,776 -$229,511	$2,034,648
6	$3,707,530	-$1,332,116 -$240,989	$2,134,425
7	$3,892,810	-$1,400,670 -$253,033	$2,239,107
8	$4,087,547	-$1,472,723 -$265,691	$2,349,133
9	$4,291,934	-$1,548,346 -$278,976	$2,464,612
10	$4,506,550	-$1,627,754 -$292,926	$2,585,870
11	$4,731,781	-$1,711,089 -$307,566	$2,713,126
12	$4,968,399	-$1,798,638 -$322,946	$2,846,815
13	$5,216,790	-$1,890,543 -$339,091	$2,987,156
14	$5,477,726	-$1,987,089 -$356,052	$3,134,585
15	$5,751,593	-$2,088,420 -$373,854	$3,289,319
16	$6,039,163	-$2,194,821 -$392,546	$3,451,796
17	$6,341,015	-$2,306,506 -$412,166	$3,622,343
18	$6,658,114	-$2,423,833 -$432,777	$3,801,504
19	$6,991,039	-$2,547,015 -$454,418	$3,989,606
20	$7,340,562	-$2,676,338 -$477,137	$4,187,087
21	$7,707,648	-$2,812,160 -$500,997	$4,394,491
22	$8,093,069	-$2,954,766 -$526,049	$4,612,254
23	$8,497,597	-$3,104,441 -$552,344	$4,840,812
24	$8,922,583	-$3,261,686 -$579,968	$5,080,929
25	$9,368,606	-$3,426,715 -$608,959	$5,332,932
26	$9,837,210	-$3,600,098 -$639,419	$5,597,693
27	$10,328,974	-$3,782,051 -$671,383	$5,875,540
28	$10,845,442	-$3,973,144 -$704,954	$6,167,344
29	$11,387,772	-$4,173,806 -$740,205	$6,473,761
30	$11,957,122	-$4,384,466 -$777,213	$6,795,443