The jackpot for the MEGA Millions draw on Tue Oct 14, 2025, is projected to be $600 Million, with an option for a cash payout of $277.2 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 Oct 14, 2025 |
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Draw Date | Tue Oct 14, 2025 | Projected Jackpot | $600,000,000 | Cash Value | $277,200,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $277,200,000 | Federal Tax(24%) | $66,528,000 | Additional Federal Tax | $35,996,330 | State Tax(6.5%) | $18,018,000 | Net Lumpsum Payment | $156,657,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$9,030,600 |
$3,301,652 $586,989 |
$5,141,959 |
2 |
$9,482,400 |
$3,468,818 $616,356 |
$5,397,226 |
3 |
$9,956,400 |
$3,644,198 $647,166 |
$5,665,036 |
4 |
$10,454,400 |
$3,828,458 $679,536 |
$5,946,406 |
5 |
$10,977,000 |
$4,021,820 $713,505 |
$6,241,675 |
6 |
$11,526,000 |
$4,224,950 $749,190 |
$6,551,860 |
7 |
$12,102,000 |
$4,438,070 $786,630 |
$6,877,300 |
8 |
$12,707,400 |
$4,662,068 $825,981 |
$7,219,351 |
9 |
$13,342,800 |
$4,897,166 $867,282 |
$7,578,352 |
10 |
$14,010,000 |
$5,144,030 $910,650 |
$7,955,320 |
11 |
$14,710,200 |
$5,403,104 $956,163 |
$8,350,933 |
12 |
$15,445,800 |
$5,675,276 $1,003,977 |
$8,766,547 |
13 |
$16,218,000 |
$5,960,990 $1,054,170 |
$9,202,840 |
14 |
$17,029,200 |
$6,261,134 $1,106,898 |
$9,661,168 |
15 |
$17,880,600 |
$6,576,152 $1,162,239 |
$10,142,209 |
16 |
$18,774,600 |
$6,906,932 $1,220,349 |
$10,647,319 |
17 |
$19,713,000 |
$7,254,140 $1,281,345 |
$11,177,515 |
18 |
$20,698,800 |
$7,618,886 $1,345,422 |
$11,734,492 |
19 |
$21,733,800 |
$8,001,836 $1,412,697 |
$12,319,267 |
20 |
$22,820,400 |
$8,403,878 $1,483,326 |
$12,933,196 |
21 |
$23,961,600 |
$8,826,122 $1,557,504 |
$13,577,974 |
22 |
$25,159,800 |
$9,269,456 $1,635,387 |
$14,254,957 |
23 |
$26,417,400 |
$9,734,768 $1,717,131 |
$14,965,501 |
24 |
$27,738,600 |
$10,223,612 $1,803,009 |
$15,711,979 |
25 |
$29,125,200 |
$10,736,654 $1,893,138 |
$16,495,408 |
26 |
$30,582,000 |
$11,275,670 $1,987,830 |
$17,318,500 |
27 |
$32,110,800 |
$11,841,326 $2,087,202 |
$18,182,272 |
28 |
$33,716,400 |
$12,435,398 $2,191,566 |
$19,089,436 |
29 |
$35,402,400 |
$13,059,218 $2,301,156 |
$20,042,026 |
30 |
$37,172,400 |
$13,714,118 $2,416,206 |
$21,042,076 |
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