The jackpot for the MEGA Millions draw on Tue Jun 17, 2025, is projected to be $280 Million, with an option for a cash payout of $126.1 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 Jun 17, 2025 |
|---|
| Draw Date | Tue Jun 17, 2025 | | Projected Jackpot | $280,000,000 | | Cash Value | $126,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $126,100,000 | | Federal Tax(24%) | $30,264,000 | | Additional Federal Tax | $16,353,330 | | State Tax(6.5%) | $8,196,500 | | Net Lumpsum Payment | $71,286,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,214,280 |
$1,519,614
$273,928 |
$2,420,738 |
| 2 |
$4,425,120 |
$1,597,625
$287,633 |
$2,539,862 |
| 3 |
$4,646,320 |
$1,679,469
$302,011 |
$2,664,840 |
| 4 |
$4,878,720 |
$1,765,457
$317,117 |
$2,796,146 |
| 5 |
$5,122,600 |
$1,855,692
$332,969 |
$2,933,939 |
| 6 |
$5,378,800 |
$1,950,486
$349,622 |
$3,078,692 |
| 7 |
$5,647,600 |
$2,049,942
$367,094 |
$3,230,564 |
| 8 |
$5,930,120 |
$2,154,475
$385,458 |
$3,390,187 |
| 9 |
$6,226,640 |
$2,264,187
$404,732 |
$3,557,721 |
| 10 |
$6,538,000 |
$2,379,390
$424,970 |
$3,733,640 |
| 11 |
$6,864,760 |
$2,500,292
$446,209 |
$3,918,259 |
| 12 |
$7,208,040 |
$2,627,305
$468,523 |
$4,112,212 |
| 13 |
$7,568,400 |
$2,760,638
$491,946 |
$4,315,816 |
| 14 |
$7,946,960 |
$2,900,706
$516,552 |
$4,529,702 |
| 15 |
$8,344,280 |
$3,047,714
$542,378 |
$4,754,188 |
| 16 |
$8,761,480 |
$3,202,078
$569,496 |
$4,989,906 |
| 17 |
$9,199,400 |
$3,364,108
$597,961 |
$5,237,331 |
| 18 |
$9,659,440 |
$3,534,323
$627,864 |
$5,497,253 |
| 19 |
$10,142,440 |
$3,713,033
$659,259 |
$5,770,148 |
| 20 |
$10,649,520 |
$3,900,653
$692,219 |
$6,056,648 |
| 21 |
$11,182,080 |
$4,097,700
$726,835 |
$6,357,545 |
| 22 |
$11,741,240 |
$4,304,589
$763,181 |
$6,673,470 |
| 23 |
$12,328,120 |
$4,521,735
$801,328 |
$7,005,057 |
| 24 |
$12,944,680 |
$4,749,862
$841,404 |
$7,353,414 |
| 25 |
$13,591,760 |
$4,989,282
$883,464 |
$7,719,014 |
| 26 |
$14,271,600 |
$5,240,822
$927,654 |
$8,103,124 |
| 27 |
$14,985,040 |
$5,504,795
$974,028 |
$8,506,217 |
| 28 |
$15,734,320 |
$5,782,029
$1,022,731 |
$8,929,560 |
| 29 |
$16,521,120 |
$6,073,145
$1,073,873 |
$9,374,102 |
| 30 |
$17,347,120 |
$6,378,765
$1,127,563 |
$9,840,792 |
|
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