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West Virginia Mega Millions Jackpot Annuity Payout Schedule for Sep 14, 2021

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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 $383,000,000 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:Tue, Sep 14, 2021
Jackpot:$383,000,000
Federal Tax:37% marginal rate
State Tax: 4.58%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,764,700$2,088,896$264,023$3,411,780
2$6,052,935$2,195,543$277,224$3,580,167
3$6,355,581$2,307,522$291,086$3,756,973
4$6,673,361$2,425,101$305,640$3,942,620
5$7,007,028$2,548,558$320,922$4,137,549
6$7,357,380$2,678,188$336,968$4,342,224
7$7,725,249$2,814,299$353,816$4,557,133
8$8,111,511$2,957,216$371,507$4,782,788
9$8,517,087$3,107,279$390,083$5,019,725
10$8,942,941$3,264,846$409,587$5,268,509
11$9,390,088$3,430,290$430,066$5,529,732
12$9,859,593$3,604,007$451,569$5,804,017
13$10,352,572$3,786,409$474,148$6,092,016
14$10,870,201$3,977,932$497,855$6,394,414
15$11,413,711$4,179,030$522,748$6,711,933
16$11,984,397$4,390,184$548,885$7,045,327
17$12,583,616$4,611,895$576,330$7,395,391
18$13,212,797$4,844,692$605,146$7,762,959
19$13,873,437$5,089,129$635,403$8,148,905
20$14,567,109$5,345,788$667,174$8,554,148
21$15,295,464$5,615,279$700,532$8,979,653
22$16,060,238$5,898,245$735,559$9,426,434
23$16,863,249$6,195,360$772,337$9,895,553
24$17,706,412$6,507,330$810,954$10,388,128
25$18,591,732$6,834,898$851,501$10,905,333
26$19,521,319$7,178,845$894,076$11,448,397
27$20,497,385$7,539,990$938,780$12,018,615
28$21,522,254$7,919,191$985,719$12,617,344
29$22,598,367$8,317,353$1,035,005$13,246,009
30$23,728,285$8,735,423$1,086,755$13,906,107
Total$383,000,001$140,388,718$17,541,398$225,069,883

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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.