Jackpot Analysis North Dakota Mega Millions

Jackpot Analysis for North Dakota Mega Millions
The jackpot for the MEGA Millions draw on Tue May 13, 2025, is projected to be $110 Million, with an option for a cash payout of $49.4 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 May 13, 2025
Draw DateTue May 13, 2025
Projected Jackpot$110,000,000
Cash Value$49,400,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$49,400,000
Federal Tax(24%)$11,856,000
Additional Federal Tax$6,382,330
State Tax(2.9%)$1,432,600
Net Lumpsum Payment$29,729,070
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $1,655,610 $572,906
$48,013
$1,034,691
2 $1,738,440 $603,553
$50,415
$1,084,472
3 $1,825,340 $635,706
$52,935
$1,136,699
4 $1,916,640 $669,487
$55,583
$1,191,570
5 $2,012,450 $704,937
$58,361
$1,249,152
6 $2,113,100 $742,177
$61,280
$1,309,643
7 $2,218,700 $781,249
$64,342
$1,373,109
8 $2,329,690 $822,316
$67,561
$1,439,813
9 $2,446,180 $865,417
$70,939
$1,509,824
10 $2,568,500 $910,675
$74,487
$1,583,338
11 $2,696,870 $958,172
$78,209
$1,660,489
12 $2,831,730 $1,008,070
$82,120
$1,741,540
13 $2,973,300 $1,060,451
$86,226
$1,826,623
14 $3,122,020 $1,115,478
$90,539
$1,916,003
15 $3,278,110 $1,173,231
$95,065
$2,009,814
16 $3,442,010 $1,233,874
$99,818
$2,108,318
17 $3,614,050 $1,297,529
$104,807
$2,211,714
18 $3,794,780 $1,364,399
$110,049
$2,320,332
19 $3,984,530 $1,434,606
$115,551
$2,434,373
20 $4,183,740 $1,508,314
$121,328
$2,554,098
21 $4,392,960 $1,585,726
$127,396
$2,679,838
22 $4,612,630 $1,667,003
$133,766
$2,811,861
23 $4,843,190 $1,752,311
$140,453
$2,950,426
24 $5,085,410 $1,841,932
$147,477
$3,096,001
25 $5,339,620 $1,935,990
$154,849
$3,248,781
26 $5,606,700 $2,034,809
$162,594
$3,409,297
27 $5,886,980 $2,138,513
$170,722
$3,577,745
28 $6,181,340 $2,247,426
$179,259
$3,754,655
29 $6,490,440 $2,361,793
$188,223
$3,940,424
30 $6,814,940 $2,481,858
$197,633
$4,135,449