The jackpot for the MEGA Millions draw on Tue Nov 26, 2024, is projected to be $489 Million, with an option for a cash payout of $225.3 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 Nov 26, 2024 |
|---|
| Draw Date | Tue Nov 26, 2024 | | Projected Jackpot | $489,000,000 | | Cash Value | $225,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $225,300,000 | | Federal Tax(24%) | $54,072,000 | | Additional Federal Tax | $29,249,330 | | State Tax(2.9%) | $6,533,700 | | Net Lumpsum Payment | $135,444,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,359,939 |
$2,683,508
$213,438 |
$4,462,993 |
| 2 |
$7,728,156 |
$2,819,748
$224,117 |
$4,684,291 |
| 3 |
$8,114,466 |
$2,962,683
$235,320 |
$4,916,463 |
| 4 |
$8,520,336 |
$3,112,855
$247,090 |
$5,160,391 |
| 5 |
$8,946,255 |
$3,270,445
$259,441 |
$5,416,369 |
| 6 |
$9,393,690 |
$3,435,996
$272,417 |
$5,685,277 |
| 7 |
$9,863,130 |
$3,609,688
$286,031 |
$5,967,411 |
| 8 |
$10,356,531 |
$3,792,247
$300,339 |
$6,263,945 |
| 9 |
$10,874,382 |
$3,983,852
$315,357 |
$6,575,173 |
| 10 |
$11,418,150 |
$4,185,046
$331,126 |
$6,901,978 |
| 11 |
$11,988,813 |
$4,396,191
$347,676 |
$7,244,946 |
| 12 |
$12,588,327 |
$4,618,011
$365,061 |
$7,605,255 |
| 13 |
$13,217,670 |
$4,850,868
$383,312 |
$7,983,490 |
| 14 |
$13,878,798 |
$5,095,486
$402,485 |
$8,380,827 |
| 15 |
$14,572,689 |
$5,352,225
$422,608 |
$8,797,856 |
| 16 |
$15,301,299 |
$5,621,811
$443,738 |
$9,235,750 |
| 17 |
$16,066,095 |
$5,904,786
$465,917 |
$9,695,392 |
| 18 |
$16,869,522 |
$6,202,054
$489,216 |
$10,178,252 |
| 19 |
$17,713,047 |
$6,514,158
$513,678 |
$10,685,211 |
| 20 |
$18,598,626 |
$6,841,822
$539,360 |
$11,217,444 |
| 21 |
$19,528,704 |
$7,185,951
$566,332 |
$11,776,421 |
| 22 |
$20,505,237 |
$7,547,268
$594,652 |
$12,363,317 |
| 23 |
$21,530,181 |
$7,926,497
$624,375 |
$12,979,309 |
| 24 |
$22,606,959 |
$8,324,905
$655,602 |
$13,626,452 |
| 25 |
$23,737,038 |
$8,743,034
$688,374 |
$14,305,630 |
| 26 |
$24,924,330 |
$9,182,332
$722,806 |
$15,019,192 |
| 27 |
$26,170,302 |
$9,643,342
$758,939 |
$15,768,021 |
| 28 |
$27,478,866 |
$10,127,511
$796,887 |
$16,554,468 |
| 29 |
$28,852,956 |
$10,635,924
$836,736 |
$17,380,296 |
| 30 |
$30,295,506 |
$11,169,668
$878,570 |
$18,247,268 |
|
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