The jackpot for the MEGA Millions draw on Tue Jun 23, 2026, is projected to be $467 Million, with an option for a cash payout of $211 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 Jun 23, 2026 |
|---|
| Draw Date | Tue Jun 23, 2026 | | Projected Jackpot | $467,000,000 | | Cash Value | $211,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $211,000,000 | | Federal Tax(24%) | $50,640,000 | | Additional Federal Tax | $27,390,330 | | State Tax(6.5%) | $13,715,000 | | Net Lumpsum Payment | $119,254,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,028,817 |
$2,560,993
$456,873 |
$4,010,951 |
| 2 |
$7,380,468 |
$2,691,104
$479,730 |
$4,209,634 |
| 3 |
$7,749,398 |
$2,827,608
$503,711 |
$4,418,079 |
| 4 |
$8,137,008 |
$2,971,023
$528,906 |
$4,637,079 |
| 5 |
$8,543,765 |
$3,121,523
$555,345 |
$4,866,897 |
| 6 |
$8,971,070 |
$3,279,626
$583,120 |
$5,108,324 |
| 7 |
$9,419,390 |
$3,445,505
$612,260 |
$5,361,625 |
| 8 |
$9,890,593 |
$3,619,850
$642,889 |
$5,627,854 |
| 9 |
$10,385,146 |
$3,802,834
$675,034 |
$5,907,278 |
| 10 |
$10,904,450 |
$3,994,977
$708,789 |
$6,200,684 |
| 11 |
$11,449,439 |
$4,196,623
$744,214 |
$6,508,602 |
| 12 |
$12,021,981 |
$4,408,463
$781,429 |
$6,832,089 |
| 13 |
$12,623,010 |
$4,630,844
$820,496 |
$7,171,670 |
| 14 |
$13,254,394 |
$4,864,456
$861,536 |
$7,528,402 |
| 15 |
$13,917,067 |
$5,109,645
$904,609 |
$7,902,813 |
| 16 |
$14,612,897 |
$5,367,102
$949,838 |
$8,295,957 |
| 17 |
$15,343,285 |
$5,637,346
$997,314 |
$8,708,625 |
| 18 |
$16,110,566 |
$5,921,240
$1,047,187 |
$9,142,139 |
| 19 |
$16,916,141 |
$6,219,303
$1,099,549 |
$9,597,289 |
| 20 |
$17,761,878 |
$6,532,225
$1,154,522 |
$10,075,131 |
| 21 |
$18,650,112 |
$6,860,872
$1,212,257 |
$10,576,983 |
| 22 |
$19,582,711 |
$7,205,933
$1,272,876 |
$11,103,902 |
| 23 |
$20,561,543 |
$7,568,101
$1,336,500 |
$11,656,942 |
| 24 |
$21,589,877 |
$7,948,585
$1,403,342 |
$12,237,950 |
| 25 |
$22,669,114 |
$8,347,903
$1,473,492 |
$12,847,719 |
| 26 |
$23,802,990 |
$8,767,437
$1,547,194 |
$13,488,359 |
| 27 |
$24,992,906 |
$9,207,706
$1,624,539 |
$14,160,661 |
| 28 |
$26,242,598 |
$9,670,092
$1,705,769 |
$14,866,737 |
| 29 |
$27,554,868 |
$10,155,632
$1,791,066 |
$15,608,170 |
| 30 |
$28,932,518 |
$10,665,362
$1,880,614 |
$16,386,542 |
|
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