Jackpot Analysis North Dakota Mega Millions

Jackpot Analysis for North Dakota Mega Millions
The jackpot for the MEGA Millions draw on Tue Apr 29, 2025, is projected to be $70 Million, with an option for a cash payout of $31.8 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 Tue Apr 29, 2025
Draw DateTue Apr 29, 2025
Projected Jackpot$70,000,000
Cash Value$31,800,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$31,800,000
Federal Tax(24%)$7,632,000
Additional Federal Tax$4,094,330
State Tax(2.9%)$922,200
Net Lumpsum Payment$19,151,470
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $1,053,570 $350,151
$30,554
$672,865
2 $1,106,280 $369,654
$32,082
$704,544
3 $1,161,580 $390,115
$33,686
$737,779
4 $1,219,680 $411,612
$35,371
$772,697
5 $1,280,650 $434,171
$37,139
$809,340
6 $1,344,700 $457,869
$38,996
$847,835
7 $1,411,900 $482,733
$40,945
$888,222
8 $1,482,530 $508,866
$42,993
$930,671
9 $1,556,660 $536,295
$45,143
$975,222
10 $1,634,500 $565,095
$47,401
$1,022,004
11 $1,716,190 $595,321
$49,770
$1,071,099
12 $1,802,010 $627,074
$52,258
$1,122,678
13 $1,892,100 $660,407
$54,871
$1,176,822
14 $1,986,740 $695,424
$57,615
$1,233,701
15 $2,086,070 $732,176
$60,496
$1,293,398
16 $2,190,370 $770,767
$63,521
$1,356,082
17 $2,299,850 $811,275
$66,696
$1,421,879
18 $2,414,860 $853,829
$70,031
$1,491,000
19 $2,535,610 $898,506
$73,533
$1,563,571
20 $2,662,380 $945,411
$77,209
$1,639,760
21 $2,795,520 $994,673
$81,070
$1,719,777
22 $2,935,310 $1,046,395
$85,124
$1,803,791
23 $3,082,030 $1,100,681
$89,379
$1,891,970
24 $3,236,170 $1,157,713
$93,849
$1,984,608
25 $3,397,940 $1,217,568
$98,540
$2,081,832
26 $3,567,900 $1,280,453
$103,469
$2,183,978
27 $3,746,260 $1,346,447
$108,642
$2,291,171
28 $3,933,580 $1,415,755
$114,074
$2,403,751
29 $4,130,280 $1,488,534
$119,778
$2,521,968
30 $4,336,780 $1,564,939
$125,767
$2,646,074