Jackpot Analysis West Virginia Mega Millions

Jackpot Analysis for West Virginia Mega Millions
The jackpot for the MEGA Millions draw on Fri Jan 9, 2026, is projected to be $199 Million, with an option for a cash payout of $90.5 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 Fri Jan 9, 2026
Draw DateFri Jan 9, 2026
Projected Jackpot$199,000,000
Cash Value$90,500,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$90,500,000
Federal Tax(24%)$21,720,000
Additional Federal Tax$11,725,330
State Tax(6.5%)$5,882,500
Net Lumpsum Payment$51,172,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $2,995,149 $1,068,536
$194,685
$1,731,928
2 $3,144,996 $1,123,979
$204,425
$1,816,592
3 $3,302,206 $1,182,147
$214,643
$1,905,416
4 $3,467,376 $1,243,260
$225,379
$1,998,737
5 $3,640,705 $1,307,391
$236,646
$2,096,668
6 $3,822,790 $1,374,763
$248,481
$2,199,546
7 $4,013,830 $1,445,447
$260,899
$2,307,484
8 $4,214,621 $1,519,740
$273,950
$2,420,931
9 $4,425,362 $1,597,714
$287,649
$2,539,999
10 $4,646,650 $1,679,591
$302,032
$2,665,027
11 $4,878,883 $1,765,517
$317,127
$2,796,239
12 $5,122,857 $1,855,787
$332,986
$2,934,084
13 $5,378,970 $1,950,549
$349,633
$3,078,788
14 $5,648,018 $2,050,097
$367,121
$3,230,800
15 $5,930,399 $2,154,578
$385,476
$3,390,345
16 $6,226,909 $2,264,287
$404,749
$3,557,873
17 $6,538,145 $2,379,444
$424,979
$3,733,722
18 $6,865,102 $2,500,418
$446,232
$3,918,452
19 $7,208,377 $2,627,430
$468,545
$4,112,402
20 $7,568,766 $2,760,774
$491,970
$4,316,022
21 $7,947,264 $2,900,818
$516,572
$4,529,874
22 $8,344,667 $3,047,857
$542,403
$4,754,407
23 $8,761,771 $3,202,186
$569,515
$4,990,070
24 $9,199,969 $3,364,319
$597,998
$5,237,652
25 $9,659,858 $3,534,478
$627,891
$5,497,489
26 $10,143,030 $3,713,251
$659,297
$5,770,482
27 $10,650,082 $3,900,861
$692,255
$6,056,966
28 $11,182,606 $4,097,895
$726,869
$6,357,842
29 $11,741,796 $4,304,795
$763,217
$6,673,784
30 $12,328,846 $4,522,003
$801,375
$7,005,468