West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Oct 7, 2025 is estimated to be $547 Million, with a cash option of 251.7 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 7, 2025

Draw Date	Jackpot	Cash Option
Tue Oct 7, 2025	$547,000,000	$251,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$251,700,000
Federal Tax(24%)	$60,408,000
Additional Federal Tax	$32,681,330
State Tax(6.5%)	$16,360,500
Net Lumpsum Payment	$142,250,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$8,232,897	-$3,006,502 -$535,138	$4,691,257
2	$8,644,788	-$3,158,902 -$561,911	$4,923,975
3	$9,076,918	-$3,318,790 -$590,000	$5,168,128
4	$9,530,928	-$3,486,774 -$619,510	$5,424,644
5	$10,007,365	-$3,663,055 -$650,479	$5,693,831
6	$10,507,870	-$3,848,242 -$683,012	$5,976,616
7	$11,032,990	-$4,042,537 -$717,144	$6,273,309
8	$11,584,913	-$4,246,748 -$753,019	$6,585,146
9	$12,164,186	-$4,461,079 -$790,672	$6,912,435
10	$12,772,450	-$4,686,137 -$830,209	$7,256,104
11	$13,410,799	-$4,922,326 -$871,702	$7,616,771
12	$14,081,421	-$5,170,456 -$915,292	$7,995,673
13	$14,785,410	-$5,430,932 -$961,052	$8,393,426
14	$15,524,954	-$5,704,563 -$1,009,122	$8,811,269
15	$16,301,147	-$5,991,755 -$1,059,575	$9,249,817
16	$17,116,177	-$6,293,316 -$1,112,552	$9,710,309
17	$17,971,685	-$6,609,854 -$1,168,160	$10,193,671
18	$18,870,406	-$6,942,381 -$1,226,576	$10,701,449
19	$19,813,981	-$7,291,503 -$1,287,909	$11,234,569
20	$20,804,598	-$7,658,032 -$1,352,299	$11,794,267
21	$21,844,992	-$8,042,977 -$1,419,924	$12,382,091
22	$22,937,351	-$8,447,150 -$1,490,928	$12,999,273
23	$24,083,863	-$8,871,360 -$1,565,451	$13,647,052
24	$25,288,357	-$9,317,022 -$1,643,743	$14,327,592
25	$26,552,474	-$9,784,746 -$1,725,911	$15,041,817
26	$27,880,590	-$10,276,149 -$1,812,238	$15,792,203
27	$29,274,346	-$10,791,838 -$1,902,832	$16,579,676
28	$30,738,118	-$11,333,434 -$1,997,978	$17,406,706
29	$32,275,188	-$11,902,150 -$2,097,887	$18,275,151
30	$33,888,838	-$12,499,200 -$2,202,774	$19,186,864