The jackpot for the MEGA Millions draw on Fri Mar 6, 2026, is projected to be $496 Million, with an option for a cash payout of $232.6 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 Mar 6, 2026 |
|---|
| Draw Date | Fri Mar 6, 2026 | | Projected Jackpot | $496,000,000 | | Cash Value | $232,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $232,600,000 | | Federal Tax(24%) | $55,824,000 | | Additional Federal Tax | $30,198,330 | | State Tax(6.5%) | $15,119,000 | | Net Lumpsum Payment | $131,458,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,465,296 |
$2,722,490
$485,244 |
$4,257,562 |
| 2 |
$7,838,784 |
$2,860,680
$509,521 |
$4,468,583 |
| 3 |
$8,230,624 |
$3,005,661
$534,991 |
$4,689,972 |
| 4 |
$8,642,304 |
$3,157,983
$561,750 |
$4,922,571 |
| 5 |
$9,074,320 |
$3,317,829
$589,831 |
$5,166,660 |
| 6 |
$9,528,160 |
$3,485,750
$619,330 |
$5,423,080 |
| 7 |
$10,004,320 |
$3,661,929
$650,281 |
$5,692,110 |
| 8 |
$10,504,784 |
$3,847,100
$682,811 |
$5,974,873 |
| 9 |
$11,030,048 |
$4,041,448
$716,953 |
$6,271,647 |
| 10 |
$11,581,600 |
$4,245,522
$752,804 |
$6,583,274 |
| 11 |
$12,160,432 |
$4,459,690
$790,428 |
$6,910,314 |
| 12 |
$12,768,528 |
$4,684,686
$829,954 |
$7,253,888 |
| 13 |
$13,406,880 |
$4,920,876
$871,447 |
$7,614,557 |
| 14 |
$14,077,472 |
$5,168,995
$915,036 |
$7,993,441 |
| 15 |
$14,781,296 |
$5,429,410
$960,784 |
$8,391,102 |
| 16 |
$15,520,336 |
$5,702,855
$1,008,822 |
$8,808,659 |
| 17 |
$16,296,080 |
$5,989,880
$1,059,245 |
$9,246,955 |
| 18 |
$17,111,008 |
$6,291,403
$1,112,216 |
$9,707,389 |
| 19 |
$17,966,608 |
$6,607,975
$1,167,830 |
$10,190,803 |
| 20 |
$18,864,864 |
$6,940,330
$1,226,216 |
$10,698,318 |
| 21 |
$19,808,256 |
$7,289,385
$1,287,537 |
$11,231,334 |
| 22 |
$20,798,768 |
$7,655,875
$1,351,920 |
$11,790,973 |
| 23 |
$21,838,384 |
$8,040,532
$1,419,495 |
$12,378,357 |
| 24 |
$22,930,576 |
$8,444,644
$1,490,487 |
$12,995,445 |
| 25 |
$24,076,832 |
$8,868,758
$1,564,994 |
$13,643,080 |
| 26 |
$25,281,120 |
$9,314,345
$1,643,273 |
$14,323,502 |
| 27 |
$26,544,928 |
$9,781,954
$1,725,420 |
$15,037,554 |
| 28 |
$27,872,224 |
$10,273,053
$1,811,695 |
$15,787,476 |
| 29 |
$29,265,984 |
$10,788,744
$1,902,289 |
$16,574,951 |
| 30 |
$30,729,184 |
$11,330,128
$1,997,397 |
$17,401,659 |
|
|
