The jackpot for the MEGA Millions draw on Tue Jun 3, 2025, is projected to be $202 Million, with an option for a cash payout of $90 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 3, 2025 |
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Draw Date | Tue Jun 3, 2025 | Projected Jackpot | $202,000,000 | Cash Value | $90,000,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $90,000,000 | Federal Tax(24%) | $21,600,000 | Additional Federal Tax | $11,660,330 | State Tax(2.9%) | $2,610,000 | Net Lumpsum Payment | $54,129,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,040,302 |
$1,085,242 $88,169 |
$1,866,891 |
2 |
$3,192,408 |
$1,141,521 $92,580 |
$1,958,307 |
3 |
$3,351,988 |
$1,200,566 $97,208 |
$2,054,214 |
4 |
$3,519,648 |
$1,262,600 $102,070 |
$2,154,978 |
5 |
$3,695,590 |
$1,327,699 $107,172 |
$2,260,719 |
6 |
$3,880,420 |
$1,396,086 $112,532 |
$2,371,802 |
7 |
$4,074,340 |
$1,467,836 $118,156 |
$2,488,348 |
8 |
$4,278,158 |
$1,543,249 $124,067 |
$2,610,842 |
9 |
$4,492,076 |
$1,622,399 $130,270 |
$2,739,407 |
10 |
$4,716,700 |
$1,705,509 $136,784 |
$2,874,407 |
11 |
$4,952,434 |
$1,792,731 $143,621 |
$3,016,082 |
12 |
$5,200,086 |
$1,884,362 $150,802 |
$3,164,922 |
13 |
$5,460,060 |
$1,980,553 $158,342 |
$3,321,165 |
14 |
$5,733,164 |
$2,081,601 $166,262 |
$3,485,301 |
15 |
$6,019,802 |
$2,187,657 $174,574 |
$3,657,571 |
16 |
$6,320,782 |
$2,299,020 $183,303 |
$3,838,459 |
17 |
$6,636,710 |
$2,415,913 $192,465 |
$4,028,332 |
18 |
$6,968,596 |
$2,538,711 $202,089 |
$4,227,796 |
19 |
$7,317,046 |
$2,667,637 $212,194 |
$4,437,215 |
20 |
$7,682,868 |
$2,802,992 $222,803 |
$4,657,073 |
21 |
$8,067,072 |
$2,945,147 $233,945 |
$4,887,980 |
22 |
$8,470,466 |
$3,094,403 $245,644 |
$5,130,419 |
23 |
$8,893,858 |
$3,251,058 $257,922 |
$5,384,878 |
24 |
$9,338,662 |
$3,415,635 $270,821 |
$5,652,206 |
25 |
$9,805,484 |
$3,588,359 $284,359 |
$5,932,766 |
26 |
$10,295,940 |
$3,769,828 $298,582 |
$6,227,530 |
27 |
$10,810,636 |
$3,960,266 $313,508 |
$6,536,862 |
28 |
$11,351,188 |
$4,160,270 $329,184 |
$6,861,734 |
29 |
$11,918,808 |
$4,370,289 $345,645 |
$7,202,874 |
30 |
$12,514,708 |
$4,590,772 $362,927 |
$7,561,009 |
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