The jackpot for the MEGA Millions draw on Tue Feb 17, 2026, is projected to be $395 Million, with an option for a cash payout of $183.3 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 Feb 17, 2026 |
|---|
| Draw Date | Tue Feb 17, 2026 | | Projected Jackpot | $395,000,000 | | Cash Value | $183,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $183,300,000 | | Federal Tax(24%) | $43,992,000 | | Additional Federal Tax | $23,789,330 | | State Tax(6.5%) | $11,914,500 | | Net Lumpsum Payment | $103,604,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,945,145 |
$2,160,034
$386,434 |
$3,398,677 |
| 2 |
$6,242,580 |
$2,270,085
$405,768 |
$3,566,727 |
| 3 |
$6,554,630 |
$2,385,543
$426,051 |
$3,743,036 |
| 4 |
$6,882,480 |
$2,506,848
$447,361 |
$3,928,271 |
| 5 |
$7,226,525 |
$2,634,145
$469,724 |
$4,122,656 |
| 6 |
$7,587,950 |
$2,767,872
$493,217 |
$4,326,861 |
| 7 |
$7,967,150 |
$2,908,176
$517,865 |
$4,541,109 |
| 8 |
$8,365,705 |
$3,055,641
$543,771 |
$4,766,293 |
| 9 |
$8,784,010 |
$3,210,414
$570,961 |
$5,002,635 |
| 10 |
$9,223,250 |
$3,372,933
$599,511 |
$5,250,806 |
| 11 |
$9,684,215 |
$3,543,490
$629,474 |
$5,511,251 |
| 12 |
$10,168,485 |
$3,722,670
$660,952 |
$5,784,863 |
| 13 |
$10,676,850 |
$3,910,765
$693,995 |
$6,072,090 |
| 14 |
$11,210,890 |
$4,108,360
$728,708 |
$6,373,822 |
| 15 |
$11,771,395 |
$4,315,747
$765,141 |
$6,690,507 |
| 16 |
$12,359,945 |
$4,533,510
$803,396 |
$7,023,039 |
| 17 |
$12,977,725 |
$4,762,089
$843,552 |
$7,372,084 |
| 18 |
$13,626,710 |
$5,002,213
$885,736 |
$7,738,761 |
| 19 |
$14,308,085 |
$5,254,322
$930,026 |
$8,123,737 |
| 20 |
$15,023,430 |
$5,518,999
$976,523 |
$8,527,908 |
| 21 |
$15,774,720 |
$5,796,977
$1,025,357 |
$8,952,386 |
| 22 |
$16,563,535 |
$6,088,838
$1,076,630 |
$9,398,067 |
| 23 |
$17,391,455 |
$6,395,169
$1,130,445 |
$9,865,841 |
| 24 |
$18,261,245 |
$6,716,991
$1,186,981 |
$10,357,273 |
| 25 |
$19,174,090 |
$7,054,744
$1,246,316 |
$10,873,030 |
| 26 |
$20,133,150 |
$7,409,596
$1,308,655 |
$11,414,899 |
| 27 |
$21,139,610 |
$7,781,986
$1,374,075 |
$11,983,549 |
| 28 |
$22,196,630 |
$8,173,083
$1,442,781 |
$12,580,766 |
| 29 |
$23,306,580 |
$8,583,765
$1,514,928 |
$13,207,887 |
| 30 |
$24,471,830 |
$9,014,907
$1,590,669 |
$13,866,254 |
|
|
