The jackpot for the MEGA Millions draw on Fri Oct 10, 2025, is projected to be $575 Million, with an option for a cash payout of $264.6 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 Oct 10, 2025 |
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Draw Date | Fri Oct 10, 2025 | Projected Jackpot | $575,000,000 | Cash Value | $264,600,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $264,600,000 | Federal Tax(24%) | $63,504,000 | Additional Federal Tax | $34,358,330 | State Tax(6.5%) | $17,199,000 | Net Lumpsum Payment | $149,538,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$8,654,325 |
$3,162,431 $562,531 |
$4,929,363 |
2 |
$9,087,300 |
$3,322,631 $590,675 |
$5,173,994 |
3 |
$9,541,550 |
$3,490,704 $620,201 |
$5,430,645 |
4 |
$10,018,800 |
$3,667,286 $651,222 |
$5,700,292 |
5 |
$10,519,625 |
$3,852,592 $683,776 |
$5,983,257 |
6 |
$11,045,750 |
$4,047,258 $717,974 |
$6,280,518 |
7 |
$11,597,750 |
$4,251,498 $753,854 |
$6,592,398 |
8 |
$12,177,925 |
$4,466,163 $791,565 |
$6,920,197 |
9 |
$12,786,850 |
$4,691,465 $831,145 |
$7,264,240 |
10 |
$13,426,250 |
$4,928,043 $872,706 |
$7,625,501 |
11 |
$14,097,275 |
$5,176,322 $916,323 |
$8,004,630 |
12 |
$14,802,225 |
$5,437,154 $962,145 |
$8,402,926 |
13 |
$15,542,250 |
$5,710,963 $1,010,246 |
$8,821,041 |
14 |
$16,319,650 |
$5,998,601 $1,060,777 |
$9,260,272 |
15 |
$17,135,575 |
$6,300,493 $1,113,812 |
$9,721,270 |
16 |
$17,992,325 |
$6,617,491 $1,169,501 |
$10,205,333 |
17 |
$18,891,625 |
$6,950,232 $1,227,956 |
$10,713,437 |
18 |
$19,836,350 |
$7,299,780 $1,289,363 |
$11,247,207 |
19 |
$20,828,225 |
$7,666,774 $1,353,835 |
$11,807,616 |
20 |
$21,869,550 |
$8,052,064 $1,421,521 |
$12,395,965 |
21 |
$22,963,200 |
$8,456,714 $1,492,608 |
$13,013,878 |
22 |
$24,111,475 |
$8,881,576 $1,567,246 |
$13,662,653 |
23 |
$25,316,675 |
$9,327,500 $1,645,584 |
$14,343,591 |
24 |
$26,582,825 |
$9,795,976 $1,727,884 |
$15,058,965 |
25 |
$27,911,650 |
$10,287,641 $1,814,257 |
$15,809,752 |
26 |
$29,307,750 |
$10,804,198 $1,905,004 |
$16,598,548 |
27 |
$30,772,850 |
$11,346,285 $2,000,235 |
$17,426,330 |
28 |
$32,311,550 |
$11,915,604 $2,100,251 |
$18,295,695 |
29 |
$33,927,300 |
$12,513,431 $2,205,275 |
$19,208,594 |
30 |
$35,623,550 |
$13,141,044 $2,315,531 |
$20,166,975 |
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