USA Mega

West Virginia Mega Millions Jackpot Annuity Payout Schedule for Jul 30, 2021

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 $166,000,000 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, Jul 30, 2021
Jackpot:$166,000,000
Federal Tax:37% marginal rate
State Tax: 4.82%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,498,538$880,416$120,430$1,497,692
2$2,623,465$926,639$126,451$1,570,375
3$2,754,638$975,173$132,774$1,646,691
4$2,892,370$1,026,134$139,412$1,726,824
5$3,036,989$1,079,643$146,383$1,810,963
6$3,188,838$1,135,827$153,702$1,899,309
7$3,348,280$1,194,821$161,387$1,992,072
8$3,515,694$1,256,764$169,456$2,089,474
9$3,691,479$1,321,804$177,929$2,191,745
10$3,876,053$1,390,097$186,826$2,299,130
11$4,069,856$1,461,804$196,167$2,411,885
12$4,273,348$1,537,096$205,975$2,530,277
13$4,487,016$1,616,153$216,274$2,654,588
14$4,711,367$1,699,163$227,088$2,785,116
15$4,946,935$1,786,323$238,442$2,922,169
16$5,194,282$1,877,841$250,364$3,066,076
17$5,453,996$1,973,936$262,883$3,217,177
18$5,726,695$2,074,835$276,027$3,375,834
19$6,013,030$2,180,778$289,828$3,542,424
20$6,313,682$2,292,019$304,319$3,717,343
21$6,629,366$2,408,823$319,535$3,901,008
22$6,960,834$2,531,466$335,512$4,093,856
23$7,308,876$2,660,241$352,288$4,296,347
24$7,674,319$2,795,455$369,902$4,508,962
25$8,058,035$2,937,430$388,397$4,732,208
26$8,460,937$3,086,504$407,817$4,966,616
27$8,883,984$3,243,031$428,208$5,212,745
28$9,328,183$3,407,385$449,618$5,471,180
29$9,794,592$3,579,956$472,099$5,742,537
30$10,284,322$3,761,156$495,704$6,027,461
Total$166,000,000$60,098,713$8,001,197$97,900,084

◄ 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.