The jackpot for the MEGA Millions draw on Tue Jul 1, 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 Jul 1, 2025 |
|---|
| Draw Date | Tue Jul 1, 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 |
|
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