West Virginia Lottery

WVLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 14, 2026 is estimated to be $63 Million, with a cash option of 27.1 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 Sat Nov 14, 2026

Draw Date	Jackpot	Cash Option
Sat Nov 14, 2026	$63,000,000	$27,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$27,100,000
Federal Tax(24%)	$6,504,000
Additional Federal Tax	$3,483,330
State Tax(6.5%)	$1,761,500
Net Lumpsum Payment	$15,351,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$948,213	-$311,169 -$61,634	$575,410
2	$995,652	-$328,722 -$64,717	$602,213
3	$1,045,422	-$347,137 -$67,952	$630,333
4	$1,097,712	-$366,484 -$71,351	$659,877
5	$1,152,585	-$386,787 -$74,918	$690,880
6	$1,210,230	-$408,115 -$78,665	$723,450
7	$1,270,710	-$430,493 -$82,596	$757,621
8	$1,334,277	-$454,013 -$86,728	$793,536
9	$1,400,994	-$478,698 -$91,065	$831,231
10	$1,471,050	-$504,619 -$95,618	$870,813
11	$1,544,571	-$531,822 -$100,397	$912,352
12	$1,621,809	-$560,400 -$105,418	$955,991
13	$1,702,890	-$590,400 -$110,688	$1,001,802
14	$1,788,066	-$621,915 -$116,224	$1,049,927
15	$1,877,463	-$654,992 -$122,035	$1,100,436
16	$1,971,333	-$689,724 -$128,137	$1,153,472
17	$2,069,865	-$726,180 -$134,541	$1,209,144
18	$2,173,374	-$764,479 -$141,269	$1,267,626
19	$2,282,049	-$804,689 -$148,333	$1,329,027
20	$2,396,142	-$846,903 -$155,749	$1,393,490
21	$2,515,968	-$891,239 -$163,538	$1,461,191
22	$2,641,779	-$937,789 -$171,716	$1,532,274
23	$2,773,827	-$986,646 -$180,299	$1,606,882
24	$2,912,553	-$1,037,975 -$189,316	$1,685,262
25	$3,058,146	-$1,091,844 -$198,779	$1,767,523
26	$3,211,110	-$1,148,441 -$208,722	$1,853,947
27	$3,371,634	-$1,207,835 -$219,156	$1,944,643
28	$3,540,222	-$1,270,213 -$230,114	$2,039,895
29	$3,717,252	-$1,335,714 -$241,621	$2,139,917
30	$3,903,102	-$1,404,478 -$253,702	$2,244,922