The jackpot for the MEGA Millions draw on Fri Oct 31, 2025, is projected to be $754 Million, with an option for a cash payout of $352.8 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 Oct 31, 2025 |
|---|
| Draw Date | Fri Oct 31, 2025 | | Projected Jackpot | $754,000,000 | | Cash Value | $352,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $352,800,000 | | Federal Tax(24%) | $84,672,000 | | Additional Federal Tax | $45,824,330 | | State Tax(6.5%) | $22,932,000 | | Net Lumpsum Payment | $199,371,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$11,348,454 |
$4,159,258
$737,650 |
$6,451,546 |
| 2 |
$11,916,216 |
$4,369,330
$774,554 |
$6,772,332 |
| 3 |
$12,511,876 |
$4,589,725
$813,272 |
$7,108,879 |
| 4 |
$13,137,696 |
$4,821,278
$853,950 |
$7,462,468 |
| 5 |
$13,794,430 |
$5,064,269
$896,638 |
$7,833,523 |
| 6 |
$14,484,340 |
$5,319,536
$941,482 |
$8,223,322 |
| 7 |
$15,208,180 |
$5,587,357
$988,532 |
$8,632,291 |
| 8 |
$15,968,966 |
$5,868,848
$1,037,983 |
$9,062,135 |
| 9 |
$16,767,452 |
$6,164,288
$1,089,884 |
$9,513,280 |
| 10 |
$17,605,900 |
$6,474,513
$1,144,384 |
$9,987,003 |
| 11 |
$18,485,818 |
$6,800,083
$1,201,578 |
$10,484,157 |
| 12 |
$19,410,222 |
$7,142,113
$1,261,664 |
$11,006,445 |
| 13 |
$20,380,620 |
$7,501,160
$1,324,740 |
$11,554,720 |
| 14 |
$21,400,028 |
$7,878,341
$1,391,002 |
$12,130,685 |
| 15 |
$22,469,954 |
$8,274,213
$1,460,547 |
$12,735,194 |
| 16 |
$23,593,414 |
$8,689,894
$1,533,572 |
$13,369,948 |
| 17 |
$24,772,670 |
$9,126,218
$1,610,224 |
$14,036,228 |
| 18 |
$26,011,492 |
$9,584,582
$1,690,747 |
$14,736,163 |
| 19 |
$27,312,142 |
$10,065,823
$1,775,289 |
$15,471,030 |
| 20 |
$28,677,636 |
$10,571,056
$1,864,046 |
$16,242,534 |
| 21 |
$30,111,744 |
$11,101,676
$1,957,263 |
$17,052,805 |
| 22 |
$31,617,482 |
$11,658,799
$2,055,136 |
$17,903,547 |
| 23 |
$33,197,866 |
$12,243,541
$2,157,861 |
$18,796,464 |
| 24 |
$34,858,174 |
$12,857,855
$2,265,781 |
$19,734,538 |
| 25 |
$36,600,668 |
$13,502,578
$2,379,043 |
$20,719,047 |
| 26 |
$38,431,380 |
$14,179,941
$2,498,040 |
$21,753,399 |
| 27 |
$40,352,572 |
$14,890,782
$2,622,917 |
$22,838,873 |
| 28 |
$42,370,276 |
$15,637,333
$2,754,068 |
$23,978,875 |
| 29 |
$44,489,016 |
$16,421,266
$2,891,786 |
$25,175,964 |
| 30 |
$46,713,316 |
$17,244,257
$3,036,366 |
$26,432,693 |
|
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