Jackpot Analysis North Dakota Mega Millions

Jackpot Analysis for North Dakota Mega Millions
The jackpot for the MEGA Millions draw on Tue Apr 22, 2025, is projected to be $50 Million, with an option for a cash payout of $22.4 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 Apr 22, 2025
Draw DateTue Apr 22, 2025
Projected Jackpot$50,000,000
Cash Value$22,400,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$22,400,000
Federal Tax(24%)$5,376,000
Additional Federal Tax$2,872,330
State Tax(2.9%)$649,600
Net Lumpsum Payment$13,502,070
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $752,550 $238,774
$21,824
$491,952
2 $790,200 $252,704
$22,916
$514,580
3 $829,700 $267,319
$24,061
$538,320
4 $871,200 $282,674
$25,265
$563,261
5 $914,750 $298,788
$26,528
$589,434
6 $960,500 $315,715
$27,855
$616,930
7 $1,008,500 $333,475
$29,247
$645,778
8 $1,058,950 $352,142
$30,710
$676,098
9 $1,111,900 $371,733
$32,245
$707,922
10 $1,167,500 $392,305
$33,858
$741,337
11 $1,225,850 $413,895
$35,550
$776,405
12 $1,287,150 $436,576
$37,327
$813,247
13 $1,351,500 $460,385
$39,194
$851,921
14 $1,419,100 $485,397
$41,154
$892,549
15 $1,490,050 $511,649
$43,211
$935,190
16 $1,564,550 $539,214
$45,372
$979,964
17 $1,642,750 $568,148
$47,640
$1,026,962
18 $1,724,900 $598,543
$50,022
$1,076,335
19 $1,811,150 $630,456
$52,523
$1,128,171
20 $1,901,700 $663,959
$55,149
$1,182,592
21 $1,996,800 $699,146
$57,907
$1,239,747
22 $2,096,650 $736,091
$60,803
$1,299,756
23 $2,201,450 $774,867
$63,842
$1,362,741
24 $2,311,550 $815,604
$67,035
$1,428,911
25 $2,427,100 $858,357
$70,386
$1,498,357
26 $2,548,500 $903,275
$73,907
$1,571,318
27 $2,675,900 $950,413
$77,601
$1,647,886
28 $2,809,700 $999,919
$81,481
$1,728,300
29 $2,950,200 $1,051,904
$85,556
$1,812,740
30 $3,097,700 $1,106,479
$89,833
$1,901,388