The jackpot for the MEGA Millions draw on Tue May 13, 2025, is projected to be $110 Million, with an option for a cash payout of $49.4 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 13, 2025 |
|---|
| Draw Date | Tue May 13, 2025 | | Projected Jackpot | $110,000,000 | | Cash Value | $49,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $49,400,000 | | Federal Tax(24%) | $11,856,000 | | Additional Federal Tax | $6,382,330 | | State Tax(6.5%) | $3,211,000 | | Net Lumpsum Payment | $27,950,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,655,610 |
$572,906
$107,615 |
$975,089 |
| 2 |
$1,738,440 |
$603,553
$112,999 |
$1,021,888 |
| 3 |
$1,825,340 |
$635,706
$118,647 |
$1,070,987 |
| 4 |
$1,916,640 |
$669,487
$124,582 |
$1,122,571 |
| 5 |
$2,012,450 |
$704,937
$130,809 |
$1,176,704 |
| 6 |
$2,113,100 |
$742,177
$137,352 |
$1,233,571 |
| 7 |
$2,218,700 |
$781,249
$144,216 |
$1,293,235 |
| 8 |
$2,329,690 |
$822,316
$151,430 |
$1,355,944 |
| 9 |
$2,446,180 |
$865,417
$159,002 |
$1,421,761 |
| 10 |
$2,568,500 |
$910,675
$166,953 |
$1,490,872 |
| 11 |
$2,696,870 |
$958,172
$175,297 |
$1,563,401 |
| 12 |
$2,831,730 |
$1,008,070
$184,062 |
$1,639,598 |
| 13 |
$2,973,300 |
$1,060,451
$193,265 |
$1,719,584 |
| 14 |
$3,122,020 |
$1,115,478
$202,931 |
$1,803,611 |
| 15 |
$3,278,110 |
$1,173,231
$213,077 |
$1,891,802 |
| 16 |
$3,442,010 |
$1,233,874
$223,731 |
$1,984,405 |
| 17 |
$3,614,050 |
$1,297,529
$234,913 |
$2,081,608 |
| 18 |
$3,794,780 |
$1,364,399
$246,661 |
$2,183,720 |
| 19 |
$3,984,530 |
$1,434,606
$258,994 |
$2,290,930 |
| 20 |
$4,183,740 |
$1,508,314
$271,943 |
$2,403,483 |
| 21 |
$4,392,960 |
$1,585,726
$285,542 |
$2,521,692 |
| 22 |
$4,612,630 |
$1,667,003
$299,821 |
$2,645,806 |
| 23 |
$4,843,190 |
$1,752,311
$314,807 |
$2,776,072 |
| 24 |
$5,085,410 |
$1,841,932
$330,552 |
$2,912,926 |
| 25 |
$5,339,620 |
$1,935,990
$347,075 |
$3,056,555 |
| 26 |
$5,606,700 |
$2,034,809
$364,436 |
$3,207,455 |
| 27 |
$5,886,980 |
$2,138,513
$382,654 |
$3,365,813 |
| 28 |
$6,181,340 |
$2,247,426
$401,787 |
$3,532,127 |
| 29 |
$6,490,440 |
$2,361,793
$421,879 |
$3,706,768 |
| 30 |
$6,814,940 |
$2,481,858
$442,971 |
$3,890,111 |
|
|
