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West Virginia Mega Millions Jackpot Annuity Payout Schedule for Jul 26, 2022

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The tax information provided here is based on 2025 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 $830,000,000 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, Jul 26, 2022
Jackpot:$830,000,000
Federal Tax:37% marginal rate
State Tax: 4.82%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$12,492,691$4,579,316$602,148$7,311,227
2$13,117,326$4,810,431$632,255$7,674,640
3$13,773,192$5,053,101$663,868$8,056,223
4$14,461,852$5,307,905$697,061$8,456,885
5$15,184,944$5,575,449$731,914$8,877,580
6$15,944,191$5,856,371$768,510$9,319,310
7$16,741,401$6,151,339$806,936$9,783,127
8$17,578,471$6,461,055$847,282$10,270,134
9$18,457,395$6,786,256$889,646$10,781,492
10$19,380,264$7,127,718$934,129$11,318,418
11$20,349,278$7,486,253$980,835$11,882,189
12$21,366,741$7,862,715$1,029,877$12,474,150
13$22,435,078$8,257,999$1,081,371$13,095,708
14$23,556,833$8,673,048$1,135,439$13,748,345
15$24,734,674$9,108,850$1,192,211$14,433,613
16$25,971,408$9,566,441$1,251,822$15,153,145
17$27,269,978$10,046,912$1,314,413$15,908,653
18$28,633,477$10,551,407$1,380,134$16,701,937
19$30,065,151$11,081,126$1,449,140$17,534,884
20$31,568,408$11,637,331$1,521,597$18,409,480
21$33,146,829$12,221,347$1,597,677$19,327,805
22$34,804,170$12,834,563$1,677,561$20,292,046
23$36,544,379$13,478,440$1,761,439$21,304,499
24$38,371,597$14,154,511$1,849,511$22,367,575
25$40,290,177$14,864,386$1,941,987$23,483,805
26$42,304,687$15,609,754$2,039,086$24,655,846
27$44,419,921$16,392,391$2,141,040$25,886,490
28$46,640,916$17,214,159$2,248,092$27,178,665
29$48,972,962$18,077,016$2,360,497$28,535,449
30$51,421,611$18,983,016$2,478,522$29,960,073
Total$830,000,002$305,810,606$40,006,000$484,183,393

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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.