West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Sep 16, 2025 is estimated to be $400 Million, with a cash option of 185.8 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 Sep 16, 2025

Draw Date	Jackpot	Cash Option
Tue Sep 16, 2025	$400,000,000	$185,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$185,800,000
Federal Tax(24%)	$44,592,000
Additional Federal Tax	$24,114,330
State Tax(6.5%)	$12,077,000
Net Lumpsum Payment	$105,016,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,020,400	-$2,187,878 -$391,326	$3,441,196
2	$6,321,600	-$2,299,322 -$410,904	$3,611,374
3	$6,637,600	-$2,416,242 -$431,444	$3,789,914
4	$6,969,600	-$2,539,082 -$453,024	$3,977,494
5	$7,318,000	-$2,667,990 -$475,670	$4,174,340
6	$7,684,000	-$2,803,410 -$499,460	$4,381,130
7	$8,068,000	-$2,945,490 -$524,420	$4,598,090
8	$8,471,600	-$3,094,822 -$550,654	$4,826,124
9	$8,895,200	-$3,251,554 -$578,188	$5,065,458
10	$9,340,000	-$3,416,130 -$607,100	$5,316,770
11	$9,806,800	-$3,588,846 -$637,442	$5,580,512
12	$10,297,200	-$3,770,294 -$669,318	$5,857,588
13	$10,812,000	-$3,960,770 -$702,780	$6,148,450
14	$11,352,800	-$4,160,866 -$737,932	$6,454,002
15	$11,920,400	-$4,370,878 -$774,826	$6,774,696
16	$12,516,400	-$4,591,398 -$813,566	$7,111,436
17	$13,142,000	-$4,822,870 -$854,230	$7,464,900
18	$13,799,200	-$5,066,034 -$896,948	$7,836,218
19	$14,489,200	-$5,321,334 -$941,798	$8,226,068
20	$15,213,600	-$5,589,362 -$988,884	$8,635,354
21	$15,974,400	-$5,870,858 -$1,038,336	$9,065,206
22	$16,773,200	-$6,166,414 -$1,090,258	$9,516,528
23	$17,611,600	-$6,476,622 -$1,144,754	$9,990,224
24	$18,492,400	-$6,802,518 -$1,202,006	$10,487,876
25	$19,416,800	-$7,144,546 -$1,262,092	$11,010,162
26	$20,388,000	-$7,503,890 -$1,325,220	$11,558,890
27	$21,407,200	-$7,880,994 -$1,391,468	$12,134,738
28	$22,477,600	-$8,277,042 -$1,461,044	$12,739,514
29	$23,601,600	-$8,692,922 -$1,534,104	$13,374,574
30	$24,781,600	-$9,129,522 -$1,610,804	$14,041,274