Jackpot Analysis West Virginia Mega Millions

Jackpot Analysis for West Virginia Mega Millions
The jackpot for the MEGA Millions draw on Tue Oct 7, 2025, is projected to be $547 Million, with an option for a cash payout of $251.7 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 Oct 7, 2025
Draw DateTue Oct 7, 2025
Projected Jackpot$547,000,000
Cash Value$251,700,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$251,700,000
Federal Tax(24%)$60,408,000
Additional Federal Tax$32,681,330
State Tax(6.5%)$16,360,500
Net Lumpsum Payment$142,250,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $8,232,897 $3,006,502
$535,138
$4,691,257
2 $8,644,788 $3,158,902
$561,911
$4,923,975
3 $9,076,918 $3,318,790
$590,000
$5,168,128
4 $9,530,928 $3,486,774
$619,510
$5,424,644
5 $10,007,365 $3,663,055
$650,479
$5,693,831
6 $10,507,870 $3,848,242
$683,012
$5,976,616
7 $11,032,990 $4,042,537
$717,144
$6,273,309
8 $11,584,913 $4,246,748
$753,019
$6,585,146
9 $12,164,186 $4,461,079
$790,672
$6,912,435
10 $12,772,450 $4,686,137
$830,209
$7,256,104
11 $13,410,799 $4,922,326
$871,702
$7,616,771
12 $14,081,421 $5,170,456
$915,292
$7,995,673
13 $14,785,410 $5,430,932
$961,052
$8,393,426
14 $15,524,954 $5,704,563
$1,009,122
$8,811,269
15 $16,301,147 $5,991,755
$1,059,575
$9,249,817
16 $17,116,177 $6,293,316
$1,112,552
$9,710,309
17 $17,971,685 $6,609,854
$1,168,160
$10,193,671
18 $18,870,406 $6,942,381
$1,226,576
$10,701,449
19 $19,813,981 $7,291,503
$1,287,909
$11,234,569
20 $20,804,598 $7,658,032
$1,352,299
$11,794,267
21 $21,844,992 $8,042,977
$1,419,924
$12,382,091
22 $22,937,351 $8,447,150
$1,490,928
$12,999,273
23 $24,083,863 $8,871,360
$1,565,451
$13,647,052
24 $25,288,357 $9,317,022
$1,643,743
$14,327,592
25 $26,552,474 $9,784,746
$1,725,911
$15,041,817
26 $27,880,590 $10,276,149
$1,812,238
$15,792,203
27 $29,274,346 $10,791,838
$1,902,832
$16,579,676
28 $30,738,118 $11,333,434
$1,997,978
$17,406,706
29 $32,275,188 $11,902,150
$2,097,887
$18,275,151
30 $33,888,838 $12,499,200
$2,202,774
$19,186,864