Jackpot Analysis West Virginia Mega Millions

Jackpot Analysis for West Virginia Mega Millions
The jackpot for the MEGA Millions draw on Fri Nov 6, 2026, is projected to be $505 Million, with an option for a cash payout of $213.3 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 Fri Nov 6, 2026
Draw DateFri Nov 6, 2026
Projected Jackpot$505,000,000
Cash Value$213,300,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$213,300,000
Federal Tax(24%)$51,192,000
Additional Federal Tax$27,689,330
State Tax(6.5%)$13,864,500
Net Lumpsum Payment$120,554,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $7,600,755 $2,772,610
$494,049
$4,334,096
2 $7,981,020 $2,913,308
$518,766
$4,548,946
3 $8,379,970 $3,060,919
$544,698
$4,774,353
4 $8,799,120 $3,216,005
$571,943
$5,011,172
5 $9,238,975 $3,378,751
$600,533
$5,259,691
6 $9,701,050 $3,549,719
$630,568
$5,520,763
7 $10,185,850 $3,729,095
$662,080
$5,794,675
8 $10,695,395 $3,917,627
$695,201
$6,082,567
9 $11,230,190 $4,115,501
$729,962
$6,384,727
10 $11,791,750 $4,323,278
$766,464
$6,702,008
11 $12,381,085 $4,541,332
$804,771
$7,034,982
12 $13,000,215 $4,770,410
$845,014
$7,384,791
13 $13,650,150 $5,010,886
$887,260
$7,752,004
14 $14,332,910 $5,263,507
$931,639
$8,137,764
15 $15,049,505 $5,528,647
$978,218
$8,542,640
16 $15,801,955 $5,807,054
$1,027,127
$8,967,774
17 $16,591,775 $6,099,287
$1,078,465
$9,414,023
18 $17,421,490 $6,406,282
$1,132,397
$9,882,811
19 $18,292,615 $6,728,598
$1,189,020
$10,374,997
20 $19,207,170 $7,066,983
$1,248,466
$10,891,721
21 $20,167,680 $7,422,372
$1,310,899
$11,434,409
22 $21,176,165 $7,795,511
$1,376,451
$12,004,203
23 $22,234,645 $8,187,149
$1,445,252
$12,602,244
24 $23,346,655 $8,598,593
$1,517,533
$13,230,529
25 $24,513,710 $9,030,403
$1,593,391
$13,889,916
26 $25,739,850 $9,484,075
$1,673,090
$14,582,685
27 $27,026,590 $9,960,169
$1,756,728
$15,309,693
28 $28,377,970 $10,460,179
$1,844,568
$16,073,223
29 $29,797,020 $10,985,228
$1,936,806
$16,874,986
30 $31,286,770 $11,536,435
$2,033,640
$17,716,695