The jackpot for the MEGA Millions draw on Tue Jul 14, 2026, is projected to be $637 Million, with an option for a cash payout of $278 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 Jul 14, 2026 |
|---|
| Draw Date | Tue Jul 14, 2026 | | Projected Jackpot | $637,000,000 | | Cash Value | $278,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $278,000,000 | | Federal Tax(24%) | $66,720,000 | | Additional Federal Tax | $36,100,330 | | State Tax(6.5%) | $18,070,000 | | Net Lumpsum Payment | $157,109,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,587,487 |
$3,507,701
$623,187 |
$5,456,599 |
| 2 |
$10,067,148 |
$3,685,175
$654,365 |
$5,727,608 |
| 3 |
$10,570,378 |
$3,871,370
$687,075 |
$6,011,933 |
| 4 |
$11,099,088 |
$4,066,993
$721,441 |
$6,310,654 |
| 5 |
$11,653,915 |
$4,272,279
$757,504 |
$6,624,132 |
| 6 |
$12,236,770 |
$4,487,935
$795,390 |
$6,953,445 |
| 7 |
$12,848,290 |
$4,714,198
$835,139 |
$7,298,953 |
| 8 |
$13,491,023 |
$4,952,009
$876,916 |
$7,662,098 |
| 9 |
$14,165,606 |
$5,201,605
$920,764 |
$8,043,237 |
| 10 |
$14,873,950 |
$5,463,692
$966,807 |
$8,443,451 |
| 11 |
$15,617,329 |
$5,738,742
$1,015,126 |
$8,863,461 |
| 12 |
$16,398,291 |
$6,027,698
$1,065,889 |
$9,304,704 |
| 13 |
$17,218,110 |
$6,331,031
$1,119,177 |
$9,767,902 |
| 14 |
$18,079,334 |
$6,649,684
$1,175,157 |
$10,254,493 |
| 15 |
$18,983,237 |
$6,984,128
$1,233,910 |
$10,765,199 |
| 16 |
$19,932,367 |
$7,335,306
$1,295,604 |
$11,301,457 |
| 17 |
$20,928,635 |
$7,703,925
$1,360,361 |
$11,864,349 |
| 18 |
$21,975,226 |
$8,091,164
$1,428,390 |
$12,455,672 |
| 19 |
$23,074,051 |
$8,497,729
$1,499,813 |
$13,076,509 |
| 20 |
$24,227,658 |
$8,924,564
$1,574,798 |
$13,728,296 |
| 21 |
$25,439,232 |
$9,372,846
$1,653,550 |
$14,412,836 |
| 22 |
$26,711,321 |
$9,843,519
$1,736,236 |
$15,131,566 |
| 23 |
$28,046,473 |
$10,337,525
$1,823,021 |
$15,885,927 |
| 24 |
$29,449,147 |
$10,856,515
$1,914,195 |
$16,678,437 |
| 25 |
$30,921,254 |
$11,401,194
$2,009,882 |
$17,510,178 |
| 26 |
$32,467,890 |
$11,973,450
$2,110,413 |
$18,384,027 |
| 27 |
$34,090,966 |
$12,573,988
$2,215,913 |
$19,301,065 |
| 28 |
$35,795,578 |
$13,204,694
$2,326,713 |
$20,264,171 |
| 29 |
$37,585,548 |
$13,866,983
$2,443,061 |
$21,275,504 |
| 30 |
$39,464,698 |
$14,562,269
$2,565,205 |
$22,337,224 |
|
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