Jackpot Analysis North Dakota Mega Millions

Jackpot Analysis for North Dakota Mega Millions
The jackpot for the MEGA Millions draw on Fri Apr 4, 2025, is projected to be $43 Million, with an option for a cash payout of $20 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 Apr 4, 2025
Draw DateFri Apr 4, 2025
Projected Jackpot$43,000,000
Cash Value$20,000,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$20,000,000
Federal Tax(24%)$4,800,000
Additional Federal Tax$2,560,330
State Tax(2.9%)$580,000
Net Lumpsum Payment$12,059,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $647,193 $199,792
$18,769
$428,632
2 $679,572 $211,772
$19,708
$448,092
3 $713,542 $224,341
$20,693
$468,508
4 $749,232 $237,546
$21,728
$489,958
5 $786,685 $251,404
$22,814
$512,467
6 $826,030 $265,961
$23,955
$536,114
7 $867,310 $281,235
$25,152
$560,923
8 $910,697 $297,288
$26,410
$586,999
9 $956,234 $314,137
$27,731
$614,366
10 $1,004,050 $331,829
$29,117
$643,104
11 $1,054,231 $350,396
$30,573
$673,262
12 $1,106,949 $369,902
$32,102
$704,945
13 $1,162,290 $390,378
$33,706
$738,206
14 $1,220,426 $411,888
$35,392
$773,146
15 $1,281,443 $434,464
$37,162
$809,817
16 $1,345,513 $458,170
$39,020
$848,323
17 $1,412,765 $483,053
$40,970
$888,742
18 $1,483,414 $509,194
$43,019
$931,201
19 $1,557,589 $536,638
$45,170
$975,781
20 $1,635,462 $565,451
$47,428
$1,022,583
21 $1,717,248 $595,712
$49,800
$1,071,736
22 $1,803,119 $627,484
$52,290
$1,123,345
23 $1,893,247 $660,832
$54,904
$1,177,511
24 $1,987,933 $695,866
$57,650
$1,234,417
25 $2,087,306 $732,634
$60,532
$1,294,140
26 $2,191,710 $771,263
$63,560
$1,356,887
27 $2,301,274 $811,802
$66,737
$1,422,735
28 $2,416,342 $854,377
$70,074
$1,491,891
29 $2,537,172 $899,084
$73,578
$1,564,510
30 $2,664,022 $946,019
$77,257
$1,640,746