West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri Mar 20, 2026 is estimated to be $50 Million, with a cash option of 22.6 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 Fri Mar 20, 2026

Draw Date	Jackpot	Cash Option
Fri Mar 20, 2026	$50,000,000	$22,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$22,600,000
Federal Tax(24%)	$5,424,000
Additional Federal Tax	$2,898,330
State Tax(6.5%)	$1,469,000
Net Lumpsum Payment	$12,808,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$752,550	-$238,774 -$48,916	$464,860
2	$790,200	-$252,704 -$51,363	$486,133
3	$829,700	-$267,319 -$53,931	$508,450
4	$871,200	-$282,674 -$56,628	$531,898
5	$914,750	-$298,788 -$59,459	$556,503
6	$960,500	-$315,715 -$62,433	$582,352
7	$1,008,500	-$333,475 -$65,553	$609,472
8	$1,058,950	-$352,142 -$68,832	$637,976
9	$1,111,900	-$371,733 -$72,274	$667,893
10	$1,167,500	-$392,305 -$75,888	$699,307
11	$1,225,850	-$413,895 -$79,680	$732,275
12	$1,287,150	-$436,576 -$83,665	$766,909
13	$1,351,500	-$460,385 -$87,848	$803,267
14	$1,419,100	-$485,397 -$92,242	$841,461
15	$1,490,050	-$511,649 -$96,853	$881,548
16	$1,564,550	-$539,214 -$101,696	$923,640
17	$1,642,750	-$568,148 -$106,779	$967,823
18	$1,724,900	-$598,543 -$112,119	$1,014,238
19	$1,811,150	-$630,456 -$117,725	$1,062,969
20	$1,901,700	-$663,959 -$123,611	$1,114,130
21	$1,996,800	-$699,146 -$129,792	$1,167,862
22	$2,096,650	-$736,091 -$136,282	$1,224,277
23	$2,201,450	-$774,867 -$143,094	$1,283,489
24	$2,311,550	-$815,604 -$150,251	$1,345,695
25	$2,427,100	-$858,357 -$157,762	$1,410,981
26	$2,548,500	-$903,275 -$165,653	$1,479,572
27	$2,675,900	-$950,413 -$173,934	$1,551,553
28	$2,809,700	-$999,919 -$182,631	$1,627,150
29	$2,950,200	-$1,051,904 -$191,763	$1,706,533
30	$3,097,700	-$1,106,479 -$201,351	$1,789,870