USA Mega

West Virginia Mega Millions Jackpot Annuity Payout Schedule for Mar 1, 2013

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2026 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Mega Millions annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $19,000,000 for a ticket purchased in West Virginia, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

West Virginia

Drawing Date:Fri, Mar 1, 2013
Jackpot:$19,000,000
Federal Tax:37% marginal rate
State Tax: 4.82%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$285,977$68,861$13,784$203,332
2$300,276$73,866$14,473$211,937
3$315,290$79,121$15,197$220,972
4$331,054$84,638$15,957$230,459
5$347,607$90,432$16,755$240,421
6$364,988$96,515$17,592$250,880
7$383,237$102,902$18,472$261,863
8$402,399$109,609$19,396$273,394
9$422,519$116,651$20,365$285,502
10$443,645$124,045$21,384$298,216
11$465,827$131,809$22,453$311,565
12$489,118$139,961$23,575$325,582
13$513,574$148,520$24,754$340,300
14$539,253$157,508$25,992$355,753
15$566,215$166,945$27,292$371,979
16$594,526$176,853$28,656$389,017
17$624,253$187,258$30,089$406,906
18$655,465$198,479$31,593$425,392
19$688,238$210,605$33,173$444,460
20$722,650$223,338$34,832$464,481
21$758,783$236,707$36,573$485,503
22$796,722$250,744$38,402$507,576
23$836,558$265,484$40,322$530,752
24$878,386$280,960$42,338$555,088
25$922,305$297,210$44,455$580,640
26$968,421$314,273$46,678$607,470
27$1,016,842$332,189$49,012$635,641
28$1,067,684$351,000$51,462$665,221
29$1,121,068$370,752$54,035$696,280
30$1,177,121$391,492$56,737$728,892
Total$19,000,000$5,778,727$915,798$12,305,474

◄ Back to Jackpot Analysis

Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.