Jackpot Analysis North Dakota Mega Millions

Jackpot Analysis for North Dakota Mega Millions
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
Draw DateTue Mar 11, 2025
Projected Jackpot$256,000,000
Cash Value$119,500,000

Lumpsum Option Taxes and Payment
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
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