Jackpot Analysis West Virginia Mega Millions

Jackpot Analysis for West Virginia Mega Millions
The jackpot for the MEGA Millions draw on Tue Jan 6, 2026, is projected to be $180 Million, with an option for a cash payout of $81.9 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 Jan 6, 2026
Draw DateTue Jan 6, 2026
Projected Jackpot$180,000,000
Cash Value$81,900,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$81,900,000
Federal Tax(24%)$19,656,000
Additional Federal Tax$10,607,330
State Tax(6.5%)$5,323,500
Net Lumpsum Payment$46,313,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $2,709,180 $962,727
$176,097
$1,570,356
2 $2,844,720 $1,012,877
$184,907
$1,646,936
3 $2,986,920 $1,065,491
$194,150
$1,727,279
4 $3,136,320 $1,120,769
$203,861
$1,811,690
5 $3,293,100 $1,178,777
$214,052
$1,900,271
6 $3,457,800 $1,239,716
$224,757
$1,993,327
7 $3,630,600 $1,303,652
$235,989
$2,090,959
8 $3,812,220 $1,370,852
$247,794
$2,193,574
9 $4,002,840 $1,441,381
$260,185
$2,301,274
10 $4,203,000 $1,515,440
$273,195
$2,414,365
11 $4,413,060 $1,593,163
$286,849
$2,533,048
12 $4,633,740 $1,674,814
$301,193
$2,657,733
13 $4,865,400 $1,760,528
$316,251
$2,788,621
14 $5,108,760 $1,850,572
$332,069
$2,926,119
15 $5,364,180 $1,945,077
$348,672
$3,070,431
16 $5,632,380 $2,044,311
$366,105
$3,221,964
17 $5,913,900 $2,148,473
$384,404
$3,381,023
18 $6,209,640 $2,257,897
$403,627
$3,548,116
19 $6,520,140 $2,372,782
$423,809
$3,723,549
20 $6,846,120 $2,493,395
$444,998
$3,907,727
21 $7,188,480 $2,620,068
$467,251
$4,101,161
22 $7,547,940 $2,753,068
$490,616
$4,304,256
23 $7,925,220 $2,892,662
$515,139
$4,517,419
24 $8,321,580 $3,039,315
$540,903
$4,741,362
25 $8,737,560 $3,193,228
$567,941
$4,976,391
26 $9,174,600 $3,354,932
$596,349
$5,223,319
27 $9,633,240 $3,524,629
$626,161
$5,482,450
28 $10,114,920 $3,702,851
$657,470
$5,754,599
29 $10,620,720 $3,889,997
$690,347
$6,040,376
30 $11,151,720 $4,086,467
$724,862
$6,340,391