West Virginia Lottery

WVLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue May 26, 2026 is estimated to be $311 Million, with a cash option of 136.4 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 May 26, 2026

Draw Date	Jackpot	Cash Option
Tue May 26, 2026	$311,000,000	$136,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$136,400,000
Federal Tax(24%)	$32,736,000
Additional Federal Tax	$17,692,330
State Tax(6.5%)	$8,866,000
Net Lumpsum Payment	$77,105,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$4,680,861	-$1,692,249 -$304,256	$2,684,356
2	$4,915,044	-$1,778,897 -$319,478	$2,816,669
3	$5,160,734	-$1,869,802 -$335,448	$2,955,484
4	$5,418,864	-$1,965,310 -$352,226	$3,101,328
5	$5,689,745	-$2,065,536 -$369,833	$3,254,376
6	$5,974,310	-$2,170,825 -$388,330	$3,415,155
7	$6,272,870	-$2,281,292 -$407,737	$3,583,841
8	$6,586,669	-$2,397,398 -$428,133	$3,761,138
9	$6,916,018	-$2,519,257 -$449,541	$3,947,220
10	$7,261,850	-$2,647,215 -$472,020	$4,142,615
11	$7,624,787	-$2,781,502 -$495,611	$4,347,674
12	$8,006,073	-$2,922,577 -$520,395	$4,563,101
13	$8,406,330	-$3,070,672 -$546,411	$4,789,247
14	$8,826,802	-$3,226,247 -$573,742	$5,026,813
15	$9,268,111	-$3,389,531 -$602,427	$5,276,153
16	$9,731,501	-$3,560,986 -$632,548	$5,537,967
17	$10,217,905	-$3,740,955 -$664,164	$5,812,786
18	$10,728,878	-$3,930,015 -$697,377	$6,101,486
19	$11,265,353	-$4,128,511 -$732,248	$6,404,594
20	$11,828,574	-$4,336,903 -$768,857	$6,722,814
21	$12,420,096	-$4,555,766 -$807,306	$7,057,024
22	$13,041,163	-$4,785,561 -$847,676	$7,407,926
23	$13,693,019	-$5,026,747 -$890,046	$7,776,226
24	$14,377,841	-$5,280,132 -$934,560	$8,163,149
25	$15,096,562	-$5,546,058 -$981,277	$8,569,227
26	$15,851,670	-$5,825,448 -$1,030,359	$8,995,863
27	$16,644,098	-$6,118,647 -$1,081,866	$9,443,585
28	$17,476,334	-$6,426,574 -$1,135,962	$9,913,798
29	$18,350,244	-$6,749,921 -$1,192,766	$10,407,557
30	$19,267,694	-$7,089,377 -$1,252,400	$10,925,917