The jackpot for the MEGA Millions draw on Tue Jun 24, 2025, is projected to be $326 Million, with an option for a cash payout of $145.7 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 Jun 24, 2025 |
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Draw Date | Tue Jun 24, 2025 | Projected Jackpot | $326,000,000 | Cash Value | $145,700,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $145,700,000 | Federal Tax(24%) | $34,968,000 | Additional Federal Tax | $18,901,330 | State Tax(2.9%) | $4,225,300 | Net Lumpsum Payment | $87,605,370 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$4,906,626 |
$1,775,782 $142,292 |
$2,988,552 |
2 |
$5,152,104 |
$1,866,609 $149,411 |
$3,136,084 |
3 |
$5,409,644 |
$1,961,899 $156,880 |
$3,290,865 |
4 |
$5,680,224 |
$2,062,013 $164,726 |
$3,453,485 |
5 |
$5,964,170 |
$2,167,073 $172,961 |
$3,624,136 |
6 |
$6,262,460 |
$2,277,441 $181,611 |
$3,803,408 |
7 |
$6,575,420 |
$2,393,236 $190,687 |
$3,991,497 |
8 |
$6,904,354 |
$2,514,941 $200,226 |
$4,189,187 |
9 |
$7,249,588 |
$2,642,678 $210,238 |
$4,396,672 |
10 |
$7,612,100 |
$2,776,807 $220,751 |
$4,614,542 |
11 |
$7,992,542 |
$2,917,571 $231,784 |
$4,843,187 |
12 |
$8,392,218 |
$3,065,451 $243,374 |
$5,083,393 |
13 |
$8,811,780 |
$3,220,689 $255,542 |
$5,335,549 |
14 |
$9,252,532 |
$3,383,767 $268,323 |
$5,600,442 |
15 |
$9,715,126 |
$3,554,927 $281,739 |
$5,878,460 |
16 |
$10,200,866 |
$3,734,651 $295,825 |
$6,170,390 |
17 |
$10,710,730 |
$3,923,300 $310,611 |
$6,476,819 |
18 |
$11,246,348 |
$4,121,479 $326,144 |
$6,798,725 |
19 |
$11,808,698 |
$4,329,549 $342,452 |
$7,136,697 |
20 |
$12,399,084 |
$4,547,991 $359,573 |
$7,491,520 |
21 |
$13,019,136 |
$4,777,411 $377,555 |
$7,864,170 |
22 |
$13,670,158 |
$5,018,289 $396,435 |
$8,255,434 |
23 |
$14,353,454 |
$5,271,108 $416,250 |
$8,666,096 |
24 |
$15,071,306 |
$5,536,714 $437,068 |
$9,097,524 |
25 |
$15,824,692 |
$5,815,466 $458,916 |
$9,550,310 |
26 |
$16,616,220 |
$6,108,332 $481,870 |
$10,026,018 |
27 |
$17,446,868 |
$6,415,672 $505,959 |
$10,525,237 |
28 |
$18,319,244 |
$6,738,451 $531,258 |
$11,049,535 |
29 |
$19,235,304 |
$7,077,393 $557,824 |
$11,600,087 |
30 |
$20,197,004 |
$7,433,222 $585,713 |
$12,178,069 |
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