The jackpot for the MEGA Millions draw on Tue Mar 11, 2025, is projected to be $256 Million, with an option for a cash payout of $119.5 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 Mar 11, 2025 |
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Draw Date | Tue Mar 11, 2025 | Projected Jackpot | $256,000,000 | Cash Value | $119,500,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $119,500,000 | Federal Tax(24%) | $28,680,000 | Additional Federal Tax | $15,495,330 | State Tax(2.9%) | $3,465,500 | Net Lumpsum Payment | $71,859,170 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,853,056 |
$1,385,961 $111,739 |
$2,355,356 |
2 |
$4,045,824 |
$1,457,285 $117,329 |
$2,471,210 |
3 |
$4,248,064 |
$1,532,114 $123,194 |
$2,592,756 |
4 |
$4,460,544 |
$1,610,732 $129,356 |
$2,720,456 |
5 |
$4,683,520 |
$1,693,233 $135,822 |
$2,854,465 |
6 |
$4,917,760 |
$1,779,902 $142,615 |
$2,995,243 |
7 |
$5,163,520 |
$1,870,833 $149,742 |
$3,142,945 |
8 |
$5,421,824 |
$1,966,405 $157,233 |
$3,298,186 |
9 |
$5,692,928 |
$2,066,714 $165,095 |
$3,461,119 |
10 |
$5,977,600 |
$2,172,042 $173,350 |
$3,632,208 |
11 |
$6,276,352 |
$2,282,581 $182,014 |
$3,811,757 |
12 |
$6,590,208 |
$2,398,707 $191,116 |
$4,000,385 |
13 |
$6,919,680 |
$2,520,612 $200,671 |
$4,198,397 |
14 |
$7,265,792 |
$2,648,673 $210,708 |
$4,406,411 |
15 |
$7,629,056 |
$2,783,081 $221,243 |
$4,624,732 |
16 |
$8,010,496 |
$2,924,214 $232,304 |
$4,853,978 |
17 |
$8,410,880 |
$3,072,356 $243,916 |
$5,094,608 |
18 |
$8,831,488 |
$3,227,981 $256,113 |
$5,347,394 |
19 |
$9,273,088 |
$3,391,373 $268,920 |
$5,612,795 |
20 |
$9,736,704 |
$3,562,911 $282,364 |
$5,891,429 |
21 |
$10,223,616 |
$3,743,068 $296,485 |
$6,184,063 |
22 |
$10,734,848 |
$3,932,224 $311,311 |
$6,491,313 |
23 |
$11,271,424 |
$4,130,757 $326,871 |
$6,813,796 |
24 |
$11,835,136 |
$4,339,331 $343,219 |
$7,152,586 |
25 |
$12,426,752 |
$4,558,229 $360,376 |
$7,508,147 |
26 |
$13,048,320 |
$4,788,209 $378,401 |
$7,881,710 |
27 |
$13,700,608 |
$5,029,555 $397,318 |
$8,273,735 |
28 |
$14,385,664 |
$5,283,026 $417,184 |
$8,685,454 |
29 |
$15,105,024 |
$5,549,189 $438,046 |
$9,117,789 |
30 |
$15,860,224 |
$5,828,613 $459,946 |
$9,571,665 |
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