The jackpot for the MEGA Millions draw on Tue Sep 1, 2026, is projected to be $160 Million, with an option for a cash payout of $68.9 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 Sep 1, 2026 |
|---|
| Draw Date | Tue Sep 1, 2026 | | Projected Jackpot | $160,000,000 | | Cash Value | $68,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $68,900,000 | | Federal Tax(24%) | $16,536,000 | | Additional Federal Tax | $8,917,330 | | State Tax(6.5%) | $4,478,500 | | Net Lumpsum Payment | $38,968,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,408,160 |
$851,350
$156,530 |
$1,400,280 |
| 2 |
$2,528,640 |
$895,927
$164,362 |
$1,468,351 |
| 3 |
$2,655,040 |
$942,695
$172,578 |
$1,539,767 |
| 4 |
$2,787,840 |
$991,831
$181,210 |
$1,614,799 |
| 5 |
$2,927,200 |
$1,043,394
$190,268 |
$1,693,538 |
| 6 |
$3,073,600 |
$1,097,562
$199,784 |
$1,776,254 |
| 7 |
$3,227,200 |
$1,154,394
$209,768 |
$1,863,038 |
| 8 |
$3,388,640 |
$1,214,127
$220,262 |
$1,954,251 |
| 9 |
$3,558,080 |
$1,276,820
$231,275 |
$2,049,985 |
| 10 |
$3,736,000 |
$1,342,650
$242,840 |
$2,150,510 |
| 11 |
$3,922,720 |
$1,411,737
$254,977 |
$2,256,006 |
| 12 |
$4,118,880 |
$1,484,316
$267,727 |
$2,366,837 |
| 13 |
$4,324,800 |
$1,560,506
$281,112 |
$2,483,182 |
| 14 |
$4,541,120 |
$1,640,545
$295,173 |
$2,605,402 |
| 15 |
$4,768,160 |
$1,724,550
$309,930 |
$2,733,680 |
| 16 |
$5,006,560 |
$1,812,758
$325,426 |
$2,868,376 |
| 17 |
$5,256,800 |
$1,905,346
$341,692 |
$3,009,762 |
| 18 |
$5,519,680 |
$2,002,612
$358,779 |
$3,158,289 |
| 19 |
$5,795,680 |
$2,104,732
$376,719 |
$3,314,229 |
| 20 |
$6,085,440 |
$2,211,943
$395,554 |
$3,477,943 |
| 21 |
$6,389,760 |
$2,324,542
$415,334 |
$3,649,884 |
| 22 |
$6,709,280 |
$2,442,764
$436,103 |
$3,830,413 |
| 23 |
$7,044,640 |
$2,566,847
$457,902 |
$4,019,891 |
| 24 |
$7,396,960 |
$2,697,206
$480,802 |
$4,218,952 |
| 25 |
$7,766,720 |
$2,834,017
$504,837 |
$4,427,866 |
| 26 |
$8,155,200 |
$2,977,754
$530,088 |
$4,647,358 |
| 27 |
$8,562,880 |
$3,128,596
$556,587 |
$4,877,697 |
| 28 |
$8,991,040 |
$3,287,015
$584,418 |
$5,119,607 |
| 29 |
$9,440,640 |
$3,453,367
$613,642 |
$5,373,631 |
| 30 |
$9,912,640 |
$3,628,007
$644,322 |
$5,640,311 |
|
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