West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Oct 27, 2026 is estimated to be $443 Million, with a cash option of 186.5 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 Oct 27, 2026

Draw Date	Jackpot	Cash Option
Tue Oct 27, 2026	$443,000,000	$186,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$186,500,000
Federal Tax(24%)	$44,760,000
Additional Federal Tax	$24,205,330
State Tax(6.5%)	$12,122,500
Net Lumpsum Payment	$105,412,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,667,593	-$2,427,340 -$433,394	$3,806,859
2	$7,001,172	-$2,550,764 -$455,076	$3,995,332
3	$7,351,142	-$2,680,253 -$477,824	$4,193,065
4	$7,718,832	-$2,816,298 -$501,724	$4,400,810
5	$8,104,685	-$2,959,064 -$526,805	$4,618,816
6	$8,510,030	-$3,109,041 -$553,152	$4,847,837
7	$8,935,310	-$3,266,395 -$580,795	$5,088,120
8	$9,382,297	-$3,431,780 -$609,849	$5,340,668
9	$9,851,434	-$3,605,361 -$640,343	$5,605,730
10	$10,344,050	-$3,787,629 -$672,363	$5,884,058
11	$10,861,031	-$3,978,912 -$705,967	$6,176,152
12	$11,404,149	-$4,179,866 -$741,270	$6,483,013
13	$11,974,290	-$4,390,818 -$778,329	$6,805,143
14	$12,573,226	-$4,612,424 -$817,260	$7,143,542
15	$13,201,843	-$4,845,012 -$858,120	$7,498,711
16	$13,861,913	-$5,089,238 -$901,024	$7,871,651
17	$14,554,765	-$5,345,593 -$946,060	$8,263,112
18	$15,282,614	-$5,614,898 -$993,370	$8,674,346
19	$16,046,789	-$5,897,642 -$1,043,041	$9,106,106
20	$16,849,062	-$6,194,483 -$1,095,189	$9,559,390
21	$17,691,648	-$6,506,240 -$1,149,957	$10,035,451
22	$18,576,319	-$6,833,568 -$1,207,461	$10,535,290
23	$19,504,847	-$7,177,124 -$1,267,815	$11,059,908
24	$20,480,333	-$7,538,054 -$1,331,222	$11,611,057
25	$21,504,106	-$7,916,850 -$1,397,767	$12,189,489
26	$22,579,710	-$8,314,823 -$1,467,681	$12,797,206
27	$23,708,474	-$8,732,466 -$1,541,051	$13,434,957
28	$24,893,942	-$9,171,089 -$1,618,106	$14,104,747
29	$26,138,772	-$9,631,676 -$1,699,020	$14,808,076
30	$27,445,622	-$10,115,211 -$1,783,965	$15,546,446