The jackpot for the MEGA Millions draw on Tue May 26, 2026, is projected to be $311 Million, with an option for a cash payout of $136.4 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For West Virginia residents, the state will deduct 6.5% from your lottery earnings.
| West Virginia MEGA Millions Jackpot/Cash Option for Tue May 26, 2026 |
|---|
| Draw Date | Tue May 26, 2026 | | Projected Jackpot | $311,000,000 | | Cash Value | $136,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| 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 |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
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 |
|
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