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 |
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Draw Date | Tue May 13, 2025 | Projected Jackpot | $110,000,000 | Cash Value | $49,400,000 |
Lumpsum Option Taxes and Payment |
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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 |
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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 |
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