The jackpot for the MEGA Millions draw on Tue Jun 3, 2025, is projected to be $202 Million, with an option for a cash payout of $90 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 3, 2025 |
|---|
| Draw Date | Tue Jun 3, 2025 | | Projected Jackpot | $202,000,000 | | Cash Value | $90,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $90,000,000 | | Federal Tax(24%) | $21,600,000 | | Additional Federal Tax | $11,660,330 | | State Tax(6.5%) | $5,850,000 | | Net Lumpsum Payment | $50,889,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,040,302 |
$1,085,242
$197,620 |
$1,757,440 |
| 2 |
$3,192,408 |
$1,141,521
$207,507 |
$1,843,380 |
| 3 |
$3,351,988 |
$1,200,566
$217,879 |
$1,933,543 |
| 4 |
$3,519,648 |
$1,262,600
$228,777 |
$2,028,271 |
| 5 |
$3,695,590 |
$1,327,699
$240,213 |
$2,127,678 |
| 6 |
$3,880,420 |
$1,396,086
$252,227 |
$2,232,107 |
| 7 |
$4,074,340 |
$1,467,836
$264,832 |
$2,341,672 |
| 8 |
$4,278,158 |
$1,543,249
$278,080 |
$2,456,829 |
| 9 |
$4,492,076 |
$1,622,399
$291,985 |
$2,577,692 |
| 10 |
$4,716,700 |
$1,705,509
$306,586 |
$2,704,605 |
| 11 |
$4,952,434 |
$1,792,731
$321,908 |
$2,837,795 |
| 12 |
$5,200,086 |
$1,884,362
$338,006 |
$2,977,718 |
| 13 |
$5,460,060 |
$1,980,553
$354,904 |
$3,124,603 |
| 14 |
$5,733,164 |
$2,081,601
$372,656 |
$3,278,907 |
| 15 |
$6,019,802 |
$2,187,657
$391,287 |
$3,440,858 |
| 16 |
$6,320,782 |
$2,299,020
$410,851 |
$3,610,911 |
| 17 |
$6,636,710 |
$2,415,913
$431,386 |
$3,789,411 |
| 18 |
$6,968,596 |
$2,538,711
$452,959 |
$3,976,926 |
| 19 |
$7,317,046 |
$2,667,637
$475,608 |
$4,173,801 |
| 20 |
$7,682,868 |
$2,802,992
$499,386 |
$4,380,490 |
| 21 |
$8,067,072 |
$2,945,147
$524,360 |
$4,597,565 |
| 22 |
$8,470,466 |
$3,094,403
$550,580 |
$4,825,483 |
| 23 |
$8,893,858 |
$3,251,058
$578,101 |
$5,064,699 |
| 24 |
$9,338,662 |
$3,415,635
$607,013 |
$5,316,014 |
| 25 |
$9,805,484 |
$3,588,359
$637,356 |
$5,579,769 |
| 26 |
$10,295,940 |
$3,769,828
$669,236 |
$5,856,876 |
| 27 |
$10,810,636 |
$3,960,266
$702,691 |
$6,147,679 |
| 28 |
$11,351,188 |
$4,160,270
$737,827 |
$6,453,091 |
| 29 |
$11,918,808 |
$4,370,289
$774,723 |
$6,773,796 |
| 30 |
$12,514,708 |
$4,590,772
$813,456 |
$7,110,480 |
|
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