West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Nov 17, 2026 is estimated to be $600 Million, with a cash option of 246.9 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 Nov 17, 2026

Draw Date	Jackpot	Cash Option
Tue Nov 17, 2026	$600,000,000	$246,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$246,900,000
Federal Tax(24%)	$59,256,000
Additional Federal Tax	$32,057,330
State Tax(6.5%)	$16,048,500
Net Lumpsum Payment	$139,538,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,030,600	-$3,301,652 -$586,989	$5,141,959
2	$9,482,400	-$3,468,818 -$616,356	$5,397,226
3	$9,956,400	-$3,644,198 -$647,166	$5,665,036
4	$10,454,400	-$3,828,458 -$679,536	$5,946,406
5	$10,977,000	-$4,021,820 -$713,505	$6,241,675
6	$11,526,000	-$4,224,950 -$749,190	$6,551,860
7	$12,102,000	-$4,438,070 -$786,630	$6,877,300
8	$12,707,400	-$4,662,068 -$825,981	$7,219,351
9	$13,342,800	-$4,897,166 -$867,282	$7,578,352
10	$14,010,000	-$5,144,030 -$910,650	$7,955,320
11	$14,710,200	-$5,403,104 -$956,163	$8,350,933
12	$15,445,800	-$5,675,276 -$1,003,977	$8,766,547
13	$16,218,000	-$5,960,990 -$1,054,170	$9,202,840
14	$17,029,200	-$6,261,134 -$1,106,898	$9,661,168
15	$17,880,600	-$6,576,152 -$1,162,239	$10,142,209
16	$18,774,600	-$6,906,932 -$1,220,349	$10,647,319
17	$19,713,000	-$7,254,140 -$1,281,345	$11,177,515
18	$20,698,800	-$7,618,886 -$1,345,422	$11,734,492
19	$21,733,800	-$8,001,836 -$1,412,697	$12,319,267
20	$22,820,400	-$8,403,878 -$1,483,326	$12,933,196
21	$23,961,600	-$8,826,122 -$1,557,504	$13,577,974
22	$25,159,800	-$9,269,456 -$1,635,387	$14,254,957
23	$26,417,400	-$9,734,768 -$1,717,131	$14,965,501
24	$27,738,600	-$10,223,612 -$1,803,009	$15,711,979
25	$29,125,200	-$10,736,654 -$1,893,138	$16,495,408
26	$30,582,000	-$11,275,670 -$1,987,830	$17,318,500
27	$32,110,800	-$11,841,326 -$2,087,202	$18,182,272
28	$33,716,400	-$12,435,398 -$2,191,566	$19,089,436
29	$35,402,400	-$13,059,218 -$2,301,156	$20,042,026
30	$37,172,400	-$13,714,118 -$2,416,206	$21,042,076