The jackpot for the MEGA Millions draw on Fri Nov 22, 2024, is projected to be $453 Million, with an option for a cash payout of $209.6 Million. Should you be the lucky winner of the MEGA Millions jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For North Dakota residents, the state will deduct 2.9% from your lottery earnings.
| North Dakota MEGA Millions Jackpot/Cash Option for Fri Nov 22, 2024 |
|---|
| Draw Date | Fri Nov 22, 2024 | | Projected Jackpot | $453,000,000 | | Cash Value | $209,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $209,600,000 | | Federal Tax(24%) | $50,304,000 | | Additional Federal Tax | $27,208,330 | | State Tax(2.9%) | $6,078,400 | | Net Lumpsum Payment | $126,009,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,818,103 |
$2,483,028
$197,725 |
$4,137,350 |
| 2 |
$7,159,212 |
$2,609,239
$207,617 |
$4,342,356 |
| 3 |
$7,517,082 |
$2,741,651
$217,995 |
$4,557,436 |
| 4 |
$7,893,072 |
$2,880,767
$228,899 |
$4,783,406 |
| 5 |
$8,287,635 |
$3,026,755
$240,341 |
$5,020,539 |
| 6 |
$8,702,130 |
$3,180,118
$252,362 |
$5,269,650 |
| 7 |
$9,137,010 |
$3,341,024
$264,973 |
$5,531,013 |
| 8 |
$9,594,087 |
$3,510,143
$278,229 |
$5,805,715 |
| 9 |
$10,073,814 |
$3,687,642
$292,141 |
$6,094,031 |
| 10 |
$10,577,550 |
$3,874,024
$306,749 |
$6,396,777 |
| 11 |
$11,106,201 |
$4,069,625
$322,080 |
$6,714,496 |
| 12 |
$11,661,579 |
$4,275,115
$338,186 |
$7,048,278 |
| 13 |
$12,244,590 |
$4,490,829
$355,093 |
$7,398,668 |
| 14 |
$12,857,046 |
$4,717,437
$372,854 |
$7,766,755 |
| 15 |
$13,499,853 |
$4,955,276
$391,496 |
$8,153,081 |
| 16 |
$14,174,823 |
$5,205,015
$411,070 |
$8,558,738 |
| 17 |
$14,883,315 |
$5,467,157
$431,616 |
$8,984,542 |
| 18 |
$15,627,594 |
$5,742,540
$453,200 |
$9,431,854 |
| 19 |
$16,409,019 |
$6,031,667
$475,862 |
$9,901,490 |
| 20 |
$17,229,402 |
$6,335,209
$499,653 |
$10,394,540 |
| 21 |
$18,091,008 |
$6,654,003
$524,639 |
$10,912,366 |
| 22 |
$18,995,649 |
$6,988,721
$550,874 |
$11,456,054 |
| 23 |
$19,945,137 |
$7,340,031
$578,409 |
$12,026,697 |
| 24 |
$20,942,643 |
$7,709,108
$607,337 |
$12,626,198 |
| 25 |
$21,989,526 |
$8,096,455
$637,696 |
$13,255,375 |
| 26 |
$23,089,410 |
$8,503,412
$669,593 |
$13,916,405 |
| 27 |
$24,243,654 |
$8,930,482
$703,066 |
$14,610,106 |
| 28 |
$25,455,882 |
$9,379,007
$738,221 |
$15,338,654 |
| 29 |
$26,728,812 |
$9,849,991
$775,136 |
$16,103,685 |
| 30 |
$28,065,162 |
$10,344,440
$813,890 |
$16,906,832 |
|
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