The jackpot for the MEGA Millions draw on Tue Mar 10, 2026, is projected to be $533 Million, with an option for a cash payout of $244.2 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 Mar 10, 2026 |
|---|
| Draw Date | Tue Mar 10, 2026 | | Projected Jackpot | $533,000,000 | | Cash Value | $244,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $244,200,000 | | Federal Tax(24%) | $58,608,000 | | Additional Federal Tax | $31,706,330 | | State Tax(6.5%) | $15,873,000 | | Net Lumpsum Payment | $138,012,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$8,022,183 |
$2,928,538 $521,442 |
$4,572,203 |
| 2 |
$8,423,532 |
$3,077,037 $547,530 |
$4,798,965 |
| 3 |
$8,844,602 |
$3,232,833 $574,899 |
$5,036,870 |
| 4 |
$9,286,992 |
$3,396,517 $603,654 |
$5,286,821 |
| 5 |
$9,751,235 |
$3,568,287 $633,830 |
$5,549,118 |
| 6 |
$10,238,930 |
$3,748,734 $665,530 |
$5,824,666 |
| 7 |
$10,750,610 |
$3,938,056 $698,790 |
$6,113,764 |
| 8 |
$11,288,407 |
$4,137,041 $733,746 |
$6,417,620 |
| 9 |
$11,852,854 |
$4,345,886 $770,436 |
$6,736,532 |
| 10 |
$12,445,550 |
$4,565,184 $808,961 |
$7,071,405 |
| 11 |
$13,067,561 |
$4,795,328 $849,391 |
$7,422,842 |
| 12 |
$13,721,019 |
$5,037,107 $891,866 |
$7,792,046 |
| 13 |
$14,406,990 |
$5,290,917 $936,454 |
$8,179,619 |
| 14 |
$15,127,606 |
$5,557,545 $983,294 |
$8,586,767 |
| 15 |
$15,883,933 |
$5,837,386 $1,032,456 |
$9,014,091 |
| 16 |
$16,678,103 |
$6,131,228 $1,084,077 |
$9,462,798 |
| 17 |
$17,511,715 |
$6,439,665 $1,138,261 |
$9,933,789 |
| 18 |
$18,387,434 |
$6,763,681 $1,195,183 |
$10,428,570 |
| 19 |
$19,306,859 |
$7,103,868 $1,254,946 |
$10,948,045 |
| 20 |
$20,272,122 |
$7,461,016 $1,317,688 |
$11,493,418 |
| 21 |
$21,285,888 |
$7,836,109 $1,383,583 |
$12,066,196 |
| 22 |
$22,350,289 |
$8,229,937 $1,452,769 |
$12,667,583 |
| 23 |
$23,467,457 |
$8,643,289 $1,525,385 |
$13,298,783 |
| 24 |
$24,641,123 |
$9,077,546 $1,601,673 |
$13,961,904 |
| 25 |
$25,872,886 |
$9,533,298 $1,681,738 |
$14,657,850 |
| 26 |
$27,167,010 |
$10,012,124 $1,765,856 |
$15,389,030 |
| 27 |
$28,525,094 |
$10,514,615 $1,854,131 |
$16,156,348 |
| 28 |
$29,951,402 |
$11,042,349 $1,946,841 |
$16,962,212 |
| 29 |
$31,449,132 |
$11,596,509 $2,044,194 |
$17,808,429 |
| 30 |
$33,021,482 |
$12,178,279 $2,146,396 |
$18,696,807 |
|
|