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 |
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Draw Date | Fri Apr 4, 2025 | Projected Jackpot | $43,000,000 | Cash Value | $20,000,000 |
Lumpsum Option Taxes and Payment |
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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 |
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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 |
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