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 Date | Fri 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 |
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