The jackpot for the MEGA Millions draw on Tue Jan 27, 2026, is projected to be $285 Million, with an option for a cash payout of $128.6 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 Tue Jan 27, 2026 |
|---|
| Draw Date | Tue Jan 27, 2026 | | Projected Jackpot | $285,000,000 | | Cash Value | $128,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $128,600,000 | | Federal Tax(24%) | $30,864,000 | | Additional Federal Tax | $16,678,330 | | State Tax(6.5%) | $8,359,000 | | Net Lumpsum Payment | $72,698,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,289,535 |
$1,547,458
$278,820 |
$2,463,257 |
| 2 |
$4,504,140 |
$1,626,862
$292,769 |
$2,584,509 |
| 3 |
$4,729,290 |
$1,710,168
$307,404 |
$2,711,718 |
| 4 |
$4,965,840 |
$1,797,691
$322,780 |
$2,845,369 |
| 5 |
$5,214,075 |
$1,889,538
$338,915 |
$2,985,622 |
| 6 |
$5,474,850 |
$1,986,025
$355,865 |
$3,132,960 |
| 7 |
$5,748,450 |
$2,087,257
$373,649 |
$3,287,544 |
| 8 |
$6,036,015 |
$2,193,656
$392,341 |
$3,450,018 |
| 9 |
$6,337,830 |
$2,305,327
$411,959 |
$3,620,544 |
| 10 |
$6,654,750 |
$2,422,588
$432,559 |
$3,799,603 |
| 11 |
$6,987,345 |
$2,545,648
$454,177 |
$3,987,520 |
| 12 |
$7,336,755 |
$2,674,930
$476,889 |
$4,184,936 |
| 13 |
$7,703,550 |
$2,810,644
$500,731 |
$4,392,175 |
| 14 |
$8,088,870 |
$2,953,212
$525,777 |
$4,609,881 |
| 15 |
$8,493,285 |
$3,102,846
$552,064 |
$4,838,375 |
| 16 |
$8,917,935 |
$3,259,966
$579,666 |
$5,078,303 |
| 17 |
$9,363,675 |
$3,424,890
$608,639 |
$5,330,146 |
| 18 |
$9,831,930 |
$3,598,144
$639,075 |
$5,594,711 |
| 19 |
$10,323,555 |
$3,780,046
$671,031 |
$5,872,478 |
| 20 |
$10,839,690 |
$3,971,016
$704,580 |
$6,164,094 |
| 21 |
$11,381,760 |
$4,171,582
$739,814 |
$6,470,364 |
| 22 |
$11,950,905 |
$4,382,165
$776,809 |
$6,791,931 |
| 23 |
$12,548,265 |
$4,603,188
$815,637 |
$7,129,440 |
| 24 |
$13,175,835 |
$4,835,389
$856,429 |
$7,484,017 |
| 25 |
$13,834,470 |
$5,079,084
$899,241 |
$7,856,145 |
| 26 |
$14,526,450 |
$5,335,117
$944,219 |
$8,247,114 |
| 27 |
$15,252,630 |
$5,603,803
$991,421 |
$8,657,406 |
| 28 |
$16,015,290 |
$5,885,988
$1,040,994 |
$9,088,308 |
| 29 |
$16,816,140 |
$6,182,302
$1,093,049 |
$9,540,789 |
| 30 |
$17,656,890 |
$6,493,380
$1,147,698 |
$10,015,812 |
|
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