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 |
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Draw Date | Tue Apr 29, 2025 | Projected Jackpot | $70,000,000 | Cash Value | $31,800,000 |
Lumpsum Option Taxes and Payment |
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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 |
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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 |
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