West Virginia Lottery

WVLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 14, 2026 is estimated to be $251 Million, with a cash option of 106.6 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of West Virginia, your state will take 6.5% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

West Virginia Powerball Jackpot/Cash Option for Mon Sep 14, 2026

Draw Date	Jackpot	Cash Option
Mon Sep 14, 2026	$251,000,000	$106,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$106,600,000
Federal Tax(24%)	$25,584,000
Additional Federal Tax	$13,818,330
State Tax(6.5%)	$6,929,000
Net Lumpsum Payment	$60,268,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,777,801	-$1,358,117 -$245,557	$2,174,127
2	$3,966,804	-$1,428,048 -$257,842	$2,280,914
3	$4,165,094	-$1,501,415 -$270,731	$2,392,948
4	$4,373,424	-$1,578,497 -$284,273	$2,510,654
5	$4,592,045	-$1,659,387 -$298,483	$2,634,175
6	$4,821,710	-$1,744,363 -$313,411	$2,763,936
7	$5,062,670	-$1,833,518 -$329,074	$2,900,078
8	$5,315,929	-$1,927,224 -$345,535	$3,043,170
9	$5,581,738	-$2,025,573 -$362,813	$3,193,352
10	$5,860,850	-$2,128,845 -$380,955	$3,351,050
11	$6,153,767	-$2,237,224 -$399,995	$3,516,548
12	$6,461,493	-$2,351,083 -$419,997	$3,690,413
13	$6,784,530	-$2,470,606 -$440,994	$3,872,930
14	$7,123,882	-$2,596,167 -$463,052	$4,064,663
15	$7,480,051	-$2,727,949 -$486,203	$4,265,899
16	$7,854,041	-$2,866,326 -$510,513	$4,477,202
17	$8,246,605	-$3,011,574 -$536,029	$4,699,002
18	$8,658,998	-$3,164,160 -$562,835	$4,932,003
19	$9,091,973	-$3,324,360 -$590,978	$5,176,635
20	$9,546,534	-$3,492,548 -$620,525	$5,433,461
21	$10,023,936	-$3,669,187 -$651,556	$5,703,193
22	$10,525,183	-$3,854,648 -$684,137	$5,986,398
23	$11,051,279	-$4,049,304 -$718,333	$6,283,642
24	$11,603,981	-$4,253,803 -$754,259	$6,595,919
25	$12,184,042	-$4,468,426 -$791,963	$6,923,653
26	$12,793,470	-$4,693,914 -$831,576	$7,267,980
27	$13,433,018	-$4,930,547 -$873,146	$7,629,325
28	$14,104,694	-$5,179,067 -$916,805	$8,008,822
29	$14,810,004	-$5,440,032 -$962,650	$8,407,322
30	$15,550,454	-$5,713,998 -$1,010,780	$8,825,676