Jackpot Analysis West Virginia Mega Millions

Jackpot Analysis for West Virginia Mega Millions
The jackpot for the MEGA Millions draw on Tue Oct 28, 2025, is projected to be $714 Million, with an option for a cash payout of $334.1 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 Tue Oct 28, 2025
Draw DateTue Oct 28, 2025
Projected Jackpot$714,000,000
Cash Value$334,100,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$334,100,000
Federal Tax(24%)$80,184,000
Additional Federal Tax$43,393,330
State Tax(6.5%)$21,716,500
Net Lumpsum Payment$188,806,170
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $10,746,414 $3,936,504
$698,517
$6,111,393
2 $11,284,056 $4,135,431
$733,464
$6,415,161
3 $11,848,116 $4,344,133
$770,128
$6,733,855
4 $12,440,736 $4,563,403
$808,648
$7,068,685
5 $13,062,630 $4,793,503
$849,071
$7,420,056
6 $13,715,940 $5,035,228
$891,536
$7,789,176
7 $14,401,380 $5,288,841
$936,090
$8,176,449
8 $15,121,806 $5,555,399
$982,917
$8,583,490
9 $15,877,932 $5,835,165
$1,032,066
$9,010,701
10 $16,671,900 $6,128,933
$1,083,674
$9,459,293
11 $17,505,138 $6,437,231
$1,137,834
$9,930,073
12 $18,380,502 $6,761,116
$1,194,733
$10,424,653
13 $19,299,420 $7,101,116
$1,254,462
$10,943,842
14 $20,264,748 $7,458,287
$1,317,209
$11,489,252
15 $21,277,914 $7,833,159
$1,383,064
$12,061,691
16 $22,341,774 $8,226,787
$1,452,215
$12,662,772
17 $23,458,470 $8,639,964
$1,524,801
$13,293,705
18 $24,631,572 $9,074,012
$1,601,052
$13,956,508
19 $25,863,222 $9,529,723
$1,681,109
$14,652,390
20 $27,156,276 $10,008,153
$1,765,158
$15,382,965
21 $28,514,304 $10,510,623
$1,853,430
$16,150,251
22 $29,940,162 $11,038,190
$1,946,111
$16,955,861
23 $31,436,706 $11,591,912
$2,043,386
$17,801,408
24 $33,008,934 $12,173,636
$2,145,581
$18,689,717
25 $34,658,988 $12,784,156
$2,252,834
$19,621,998
26 $36,392,580 $13,425,585
$2,365,518
$20,601,477
27 $38,211,852 $14,098,716
$2,483,770
$21,629,366
28 $40,122,516 $14,805,661
$2,607,964
$22,708,891
29 $42,128,856 $15,548,007
$2,738,376
$23,842,473
30 $44,235,156 $16,327,338
$2,875,285
$25,032,533