The jackpot for the MEGA Millions draw on Fri Oct 2, 2026, is projected to be $321 Million, with an option for a cash payout of $131.1 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 Oct 2, 2026 |
|---|
| Draw Date | Fri Oct 2, 2026 | | Projected Jackpot | $321,000,000 | | Cash Value | $131,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $131,100,000 | | Federal Tax(24%) | $31,464,000 | | Additional Federal Tax | $17,003,330 | | State Tax(6.5%) | $8,521,500 | | Net Lumpsum Payment | $74,111,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,831,371 |
$1,747,938
$314,039 |
$2,769,394 |
| 2 |
$5,073,084 |
$1,837,371
$329,750 |
$2,905,963 |
| 3 |
$5,326,674 |
$1,931,200
$346,234 |
$3,049,240 |
| 4 |
$5,593,104 |
$2,029,779
$363,552 |
$3,199,773 |
| 5 |
$5,872,695 |
$2,133,228
$381,725 |
$3,357,742 |
| 6 |
$6,166,410 |
$2,241,902
$400,817 |
$3,523,691 |
| 7 |
$6,474,570 |
$2,355,921
$420,847 |
$3,697,802 |
| 8 |
$6,798,459 |
$2,475,760
$441,900 |
$3,880,799 |
| 9 |
$7,138,398 |
$2,601,538
$463,996 |
$4,072,864 |
| 10 |
$7,495,350 |
$2,733,610
$487,198 |
$4,274,542 |
| 11 |
$7,869,957 |
$2,872,214
$511,547 |
$4,486,196 |
| 12 |
$8,263,503 |
$3,017,826
$537,128 |
$4,708,549 |
| 13 |
$8,676,630 |
$3,170,683
$563,981 |
$4,941,966 |
| 14 |
$9,110,622 |
$3,331,261
$592,190 |
$5,187,171 |
| 15 |
$9,566,121 |
$3,499,795
$621,798 |
$5,444,528 |
| 16 |
$10,044,411 |
$3,676,762
$652,887 |
$5,714,762 |
| 17 |
$10,546,455 |
$3,862,519
$685,520 |
$5,998,416 |
| 18 |
$11,073,858 |
$4,057,658
$719,801 |
$6,296,399 |
| 19 |
$11,627,583 |
$4,262,536
$755,793 |
$6,609,254 |
| 20 |
$12,208,914 |
$4,477,629
$793,579 |
$6,937,706 |
| 21 |
$12,819,456 |
$4,703,529
$833,265 |
$7,282,662 |
| 22 |
$13,460,493 |
$4,940,713
$874,932 |
$7,644,848 |
| 23 |
$14,133,309 |
$5,189,655
$918,665 |
$8,024,989 |
| 24 |
$14,840,151 |
$5,451,186
$964,610 |
$8,424,355 |
| 25 |
$15,581,982 |
$5,725,664
$1,012,829 |
$8,843,489 |
| 26 |
$16,361,370 |
$6,014,037
$1,063,489 |
$9,283,844 |
| 27 |
$17,179,278 |
$6,316,663
$1,116,653 |
$9,745,962 |
| 28 |
$18,038,274 |
$6,634,492
$1,172,488 |
$10,231,294 |
| 29 |
$18,940,284 |
$6,968,235
$1,231,118 |
$10,740,931 |
| 30 |
$19,887,234 |
$7,318,607
$1,292,670 |
$11,275,957 |
|
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