West Virginia Lottery

WVLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon May 25, 2026 is estimated to be $141 Million, with a cash option of 62 Million. If you win the Powerball 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 Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

West Virginia Powerball Jackpot/Cash Option for Mon May 25, 2026

Draw Date	Jackpot	Cash Option
Mon May 25, 2026	$141,000,000	$62,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$62,000,000
Federal Tax(24%)	$14,880,000
Additional Federal Tax	$8,020,330
State Tax(6.5%)	$4,030,000
Net Lumpsum Payment	$35,069,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,122,191	-$745,541 -$137,942	$1,238,708
2	$2,228,364	-$784,825 -$144,844	$1,298,695
3	$2,339,754	-$826,039 -$152,084	$1,361,631
4	$2,456,784	-$869,340 -$159,691	$1,427,753
5	$2,579,595	-$914,781 -$167,674	$1,497,140
6	$2,708,610	-$962,516 -$176,060	$1,570,034
7	$2,843,970	-$1,012,599 -$184,858	$1,646,513
8	$2,986,239	-$1,065,239 -$194,106	$1,726,894
9	$3,135,558	-$1,120,487 -$203,811	$1,811,260
10	$3,292,350	-$1,178,500 -$214,003	$1,899,847
11	$3,456,897	-$1,239,382 -$224,698	$1,992,817
12	$3,629,763	-$1,303,343 -$235,935	$2,090,485
13	$3,811,230	-$1,370,485 -$247,730	$2,193,015
14	$4,001,862	-$1,441,019 -$260,121	$2,300,722
15	$4,201,941	-$1,515,049 -$273,126	$2,413,766
16	$4,412,031	-$1,592,782 -$286,782	$2,532,467
17	$4,632,555	-$1,674,376 -$301,116	$2,657,063
18	$4,864,218	-$1,760,091 -$316,174	$2,787,953
19	$5,107,443	-$1,850,084 -$331,984	$2,925,375
20	$5,362,794	-$1,944,564 -$348,582	$3,069,648
21	$5,630,976	-$2,043,792 -$366,013	$3,221,171
22	$5,912,553	-$2,147,975 -$384,316	$3,380,262
23	$6,208,089	-$2,257,323 -$403,526	$3,547,240
24	$6,518,571	-$2,372,202 -$423,707	$3,722,662
25	$6,844,422	-$2,492,767 -$444,887	$3,906,768
26	$7,186,770	-$2,619,435 -$467,140	$4,100,195
27	$7,546,038	-$2,752,364 -$490,492	$4,303,182
28	$7,923,354	-$2,891,971 -$515,018	$4,516,365
29	$8,319,564	-$3,038,569 -$540,772	$4,740,223
30	$8,735,514	-$3,192,471 -$567,808	$4,975,235