West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Apr 14, 2026 is estimated to be $120 Million, with a cash option of 53.5 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 Apr 14, 2026

Draw Date Jackpot Cash Option
Tue Apr 14, 2026$120,000,000$53,500,000

Lumpsum Option Taxes and Payment

Category Amount
Cash Gross Payment$53,500,000
Federal Tax(24%)$12,840,000
Additional Federal Tax$6,915,330
State Tax(6.5%)$3,477,500
Net Lumpsum Payment$30,267,170

Annuity Payment in 30 Installations

Year Gross Payment Fed/State Tax Net Payment
1 $1,806,120 -$628,595
-$117,398
$1,060,127
2 $1,896,480 -$662,028
-$123,271
$1,111,181
3 $1,991,280 -$697,104
-$129,433
$1,164,743
4 $2,090,880 -$733,956
-$135,907
$1,221,017
5 $2,195,400 -$772,628
-$142,701
$1,280,071
6 $2,305,200 -$813,254
-$149,838
$1,342,108
7 $2,420,400 -$855,878
-$157,326
$1,407,196
8 $2,541,480 -$900,678
-$165,196
$1,475,606
9 $2,668,560 -$947,698
-$173,456
$1,547,406
10 $2,802,000 -$997,070
-$182,130
$1,622,800
11 $2,942,040 -$1,048,885
-$191,233
$1,701,922
12 $3,089,160 -$1,103,320
-$200,795
$1,785,045
13 $3,243,600 -$1,160,462
-$210,834
$1,872,304
14 $3,405,840 -$1,220,491
-$221,380
$1,963,969
15 $3,576,120 -$1,283,495
-$232,448
$2,060,177
16 $3,754,920 -$1,349,651
-$244,070
$2,161,199
17 $3,942,600 -$1,419,092
-$256,269
$2,267,239
18 $4,139,760 -$1,492,042
-$269,084
$2,378,634
19 $4,346,760 -$1,568,632
-$282,539
$2,495,589
20 $4,564,080 -$1,649,040
-$296,665
$2,618,375
21 $4,792,320 -$1,733,489
-$311,501
$2,747,330
22 $5,031,960 -$1,822,156
-$327,077
$2,882,727
23 $5,283,480 -$1,915,218
-$343,426
$3,024,836
24 $5,547,720 -$2,012,987
-$360,602
$3,174,131
25 $5,825,040 -$2,115,595
-$378,628
$3,330,817
26 $6,116,400 -$2,223,398
-$397,566
$3,495,436
27 $6,422,160 -$2,336,530
-$417,440
$3,668,190
28 $6,743,280 -$2,455,344
-$438,313
$3,849,623
29 $7,080,480 -$2,580,108
-$460,231
$4,040,141
30 $7,434,480 -$2,711,088
-$483,241
$4,240,151
1
2
0
Cash Option: $53.5 Million
Next Draw: Tue Apr 14
Mega Millions
Fri Apr 10, 2026
031836424906

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