The jackpot for the MEGA Millions draw on Fri Feb 6, 2026, is projected to be $346 Million, with an option for a cash payout of $156.1 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 Fri Feb 6, 2026 |
|---|
| Draw Date | Fri Feb 6, 2026 | | Projected Jackpot | $346,000,000 | | Cash Value | $156,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $156,100,000 | | Federal Tax(24%) | $37,464,000 | | Additional Federal Tax | $20,253,330 | | State Tax(6.5%) | $10,146,500 | | Net Lumpsum Payment | $88,236,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,207,646 |
$1,887,159
$338,497 |
$2,981,990 |
| 2 |
$5,468,184 |
$1,983,558
$355,432 |
$3,129,194 |
| 3 |
$5,741,524 |
$2,084,694
$373,199 |
$3,283,631 |
| 4 |
$6,028,704 |
$2,190,951
$391,866 |
$3,445,887 |
| 5 |
$6,330,070 |
$2,302,456
$411,455 |
$3,616,159 |
| 6 |
$6,646,660 |
$2,419,595
$432,033 |
$3,795,032 |
| 7 |
$6,978,820 |
$2,542,494
$453,623 |
$3,982,703 |
| 8 |
$7,327,934 |
$2,671,666
$476,316 |
$4,179,952 |
| 9 |
$7,694,348 |
$2,807,239
$500,133 |
$4,386,976 |
| 10 |
$8,079,100 |
$2,949,597
$525,142 |
$4,604,361 |
| 11 |
$8,482,882 |
$3,098,997
$551,387 |
$4,832,498 |
| 12 |
$8,907,078 |
$3,255,949
$578,960 |
$5,072,169 |
| 13 |
$9,352,380 |
$3,420,711
$607,905 |
$5,323,764 |
| 14 |
$9,820,172 |
$3,593,794
$638,311 |
$5,588,067 |
| 15 |
$10,311,146 |
$3,775,454
$670,224 |
$5,865,468 |
| 16 |
$10,826,686 |
$3,966,204
$703,735 |
$6,156,747 |
| 17 |
$11,367,830 |
$4,166,427
$738,909 |
$6,462,494 |
| 18 |
$11,936,308 |
$4,376,764
$775,860 |
$6,783,684 |
| 19 |
$12,533,158 |
$4,597,599
$814,655 |
$7,120,904 |
| 20 |
$13,159,764 |
$4,829,443
$855,385 |
$7,474,936 |
| 21 |
$13,817,856 |
$5,072,937
$898,161 |
$7,846,758 |
| 22 |
$14,508,818 |
$5,328,593
$943,073 |
$8,237,152 |
| 23 |
$15,234,034 |
$5,596,923
$990,212 |
$8,646,899 |
| 24 |
$15,995,926 |
$5,878,823
$1,039,735 |
$9,077,368 |
| 25 |
$16,795,532 |
$6,174,677
$1,091,710 |
$9,529,145 |
| 26 |
$17,635,620 |
$6,485,510
$1,146,315 |
$10,003,795 |
| 27 |
$18,517,228 |
$6,811,705
$1,203,620 |
$10,501,903 |
| 28 |
$19,443,124 |
$7,154,286
$1,263,803 |
$11,025,035 |
| 29 |
$20,415,384 |
$7,514,022
$1,327,000 |
$11,574,362 |
| 30 |
$21,436,084 |
$7,891,681
$1,393,345 |
$12,151,058 |
|
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