West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Aug 18, 2026 is estimated to be $100 Million, with a cash option of 42.8 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 Aug 18, 2026

Draw Date	Jackpot	Cash Option
Tue Aug 18, 2026	$100,000,000	$42,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$42,800,000
Federal Tax(24%)	$10,272,000
Additional Federal Tax	$5,524,330
State Tax(6.5%)	$2,782,000
Net Lumpsum Payment	$24,221,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,505,100	-$517,217 -$97,832	$890,051
2	$1,580,400	-$545,078 -$102,726	$932,596
3	$1,659,400	-$574,308 -$107,861	$977,231
4	$1,742,400	-$605,018 -$113,256	$1,024,126
5	$1,829,500	-$637,245 -$118,918	$1,073,337
6	$1,921,000	-$671,100 -$124,865	$1,125,035
7	$2,017,000	-$706,620 -$131,105	$1,179,275
8	$2,117,900	-$743,953 -$137,664	$1,236,283
9	$2,223,800	-$783,136 -$144,547	$1,296,117
10	$2,335,000	-$824,280 -$151,775	$1,358,945
11	$2,451,700	-$867,459 -$159,361	$1,424,880
12	$2,574,300	-$912,821 -$167,330	$1,494,149
13	$2,703,000	-$960,440 -$175,695	$1,566,865
14	$2,838,200	-$1,010,464 -$184,483	$1,643,253
15	$2,980,100	-$1,062,967 -$193,707	$1,723,426
16	$3,129,100	-$1,118,097 -$203,392	$1,807,611
17	$3,285,500	-$1,175,965 -$213,558	$1,895,977
18	$3,449,800	-$1,236,756 -$224,237	$1,988,807
19	$3,622,300	-$1,300,581 -$235,450	$2,086,269
20	$3,803,400	-$1,367,588 -$247,221	$2,188,591
21	$3,993,600	-$1,437,962 -$259,584	$2,296,054
22	$4,193,300	-$1,511,851 -$272,565	$2,408,884
23	$4,402,900	-$1,589,403 -$286,189	$2,527,308
24	$4,623,100	-$1,670,877 -$300,502	$2,651,721
25	$4,854,200	-$1,756,384 -$315,523	$2,782,293
26	$5,097,000	-$1,846,220 -$331,305	$2,919,475
27	$5,351,800	-$1,940,496 -$347,867	$3,063,437
28	$5,619,400	-$2,039,508 -$365,261	$3,214,631
29	$5,900,400	-$2,143,478 -$383,526	$3,373,396
30	$6,195,400	-$2,252,628 -$402,701	$3,540,071