Precast wall systems and methods for constructing a high-rise building using the precast wall system is disclosed. In one embodiment, the system includes a plurality of interconnected precast panels, each having a top end plate, a bottom end plate, a plurality of vertical bars disposed between the end plates and a cementitious material encasing the vertical bars and defining a plurality of sides of the respective panel. A first of the precast panels has a first column member half defining a right side of the first panel, a second of the precast panels has a second column member half defining a left side of the second panel such that, when the right side of the first precast panel and the left side of the second precast panel are disposed horizontally adjacent to each other, the first column member half and the second column member half collectively form a column member.