The jackpot for the MEGA Millions draw on Fri Jun 26, 2026, is projected to be $489 Million, with an option for a cash payout of $220.9 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 26, 2026 |
|---|
| Draw Date | Fri Jun 26, 2026 | | Projected Jackpot | $489,000,000 | | Cash Value | $220,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $220,900,000 | | Federal Tax(24%) | $53,016,000 | | Additional Federal Tax | $28,677,330 | | State Tax(6.5%) | $14,358,500 | | Net Lumpsum Payment | $124,848,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,359,939 |
$2,683,508
$478,396 |
$4,198,035 |
| 2 |
$7,728,156 |
$2,819,748
$502,330 |
$4,406,078 |
| 3 |
$8,114,466 |
$2,962,683
$527,440 |
$4,624,343 |
| 4 |
$8,520,336 |
$3,112,855
$553,822 |
$4,853,659 |
| 5 |
$8,946,255 |
$3,270,445
$581,507 |
$5,094,303 |
| 6 |
$9,393,690 |
$3,435,996
$610,590 |
$5,347,104 |
| 7 |
$9,863,130 |
$3,609,688
$641,103 |
$5,612,339 |
| 8 |
$10,356,531 |
$3,792,247
$673,175 |
$5,891,109 |
| 9 |
$10,874,382 |
$3,983,852
$706,835 |
$6,183,695 |
| 10 |
$11,418,150 |
$4,185,046
$742,180 |
$6,490,924 |
| 11 |
$11,988,813 |
$4,396,191
$779,273 |
$6,813,349 |
| 12 |
$12,588,327 |
$4,618,011
$818,241 |
$7,152,075 |
| 13 |
$13,217,670 |
$4,850,868
$859,149 |
$7,507,653 |
| 14 |
$13,878,798 |
$5,095,486
$902,122 |
$7,881,190 |
| 15 |
$14,572,689 |
$5,352,225
$947,225 |
$8,273,239 |
| 16 |
$15,301,299 |
$5,621,811
$994,584 |
$8,684,904 |
| 17 |
$16,066,095 |
$5,904,786
$1,044,296 |
$9,117,013 |
| 18 |
$16,869,522 |
$6,202,054
$1,096,519 |
$9,570,949 |
| 19 |
$17,713,047 |
$6,514,158
$1,151,348 |
$10,047,541 |
| 20 |
$18,598,626 |
$6,841,822
$1,208,911 |
$10,547,893 |
| 21 |
$19,528,704 |
$7,185,951
$1,269,366 |
$11,073,387 |
| 22 |
$20,505,237 |
$7,547,268
$1,332,840 |
$11,625,129 |
| 23 |
$21,530,181 |
$7,926,497
$1,399,462 |
$12,204,222 |
| 24 |
$22,606,959 |
$8,324,905
$1,469,452 |
$12,812,602 |
| 25 |
$23,737,038 |
$8,743,034
$1,542,907 |
$13,451,097 |
| 26 |
$24,924,330 |
$9,182,332
$1,620,081 |
$14,121,917 |
| 27 |
$26,170,302 |
$9,643,342
$1,701,070 |
$14,825,890 |
| 28 |
$27,478,866 |
$10,127,511
$1,786,126 |
$15,565,229 |
| 29 |
$28,852,956 |
$10,635,924
$1,875,442 |
$16,341,590 |
| 30 |
$30,295,506 |
$11,169,668
$1,969,208 |
$17,156,630 |
|
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