The jackpot for the MEGA Millions draw on Fri Jun 5, 2026, is projected to be $368 Million, with an option for a cash payout of $163.6 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 Jun 5, 2026 |
|---|
| Draw Date | Fri Jun 5, 2026 | | Projected Jackpot | $368,000,000 | | Cash Value | $163,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $163,600,000 | | Federal Tax(24%) | $39,264,000 | | Additional Federal Tax | $21,228,330 | | State Tax(6.5%) | $10,634,000 | | Net Lumpsum Payment | $92,473,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,538,768 |
$2,009,675
$360,020 |
$3,169,073 |
| 2 |
$5,815,872 |
$2,112,203
$378,032 |
$3,325,637 |
| 3 |
$6,106,592 |
$2,219,769
$396,928 |
$3,489,895 |
| 4 |
$6,412,032 |
$2,332,782
$416,782 |
$3,662,468 |
| 5 |
$6,732,560 |
$2,451,378
$437,616 |
$3,843,566 |
| 6 |
$7,069,280 |
$2,575,964
$459,503 |
$4,033,813 |
| 7 |
$7,422,560 |
$2,706,678
$482,466 |
$4,233,416 |
| 8 |
$7,793,872 |
$2,844,063
$506,602 |
$4,443,207 |
| 9 |
$8,183,584 |
$2,988,256
$531,933 |
$4,663,395 |
| 10 |
$8,592,800 |
$3,139,666
$558,532 |
$4,894,602 |
| 11 |
$9,022,256 |
$3,298,565
$586,447 |
$5,137,244 |
| 12 |
$9,473,424 |
$3,465,497
$615,773 |
$5,392,154 |
| 13 |
$9,947,040 |
$3,640,735
$646,558 |
$5,659,747 |
| 14 |
$10,444,576 |
$3,824,824
$678,897 |
$5,940,855 |
| 15 |
$10,966,768 |
$4,018,035
$712,840 |
$6,235,893 |
| 16 |
$11,515,088 |
$4,220,913
$748,481 |
$6,545,694 |
| 17 |
$12,090,640 |
$4,433,867
$785,892 |
$6,870,881 |
| 18 |
$12,695,264 |
$4,657,578
$825,192 |
$7,212,494 |
| 19 |
$13,330,064 |
$4,892,454
$866,454 |
$7,571,156 |
| 20 |
$13,996,512 |
$5,139,040
$909,773 |
$7,947,699 |
| 21 |
$14,696,448 |
$5,398,016
$955,269 |
$8,343,163 |
| 22 |
$15,431,344 |
$5,669,928
$1,003,037 |
$8,758,379 |
| 23 |
$16,202,672 |
$5,955,319
$1,053,174 |
$9,194,179 |
| 24 |
$17,013,008 |
$6,255,143
$1,105,846 |
$9,652,019 |
| 25 |
$17,863,456 |
$6,569,809
$1,161,125 |
$10,132,522 |
| 26 |
$18,756,960 |
$6,900,406
$1,219,202 |
$10,637,352 |
| 27 |
$19,694,624 |
$7,247,341
$1,280,151 |
$11,167,132 |
| 28 |
$20,679,392 |
$7,611,705
$1,344,160 |
$11,723,527 |
| 29 |
$21,713,472 |
$7,994,315
$1,411,376 |
$12,307,781 |
| 30 |
$22,799,072 |
$8,395,987
$1,481,940 |
$12,921,145 |
|
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