Jackpot Analysis North Dakota Mega Millions

Jackpot Analysis for North Dakota Mega Millions
The jackpot for the MEGA Millions draw on Fri May 9, 2025, is projected to be $100 Million, with an option for a cash payout of $45.3 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 Fri May 9, 2025
Draw DateFri May 9, 2025
Projected Jackpot$100,000,000
Cash Value$45,300,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$45,300,000
Federal Tax(24%)$10,872,000
Additional Federal Tax$5,849,330
State Tax(2.9%)$1,313,700
Net Lumpsum Payment$27,264,970
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $1,505,100 $517,217
$43,648
$944,235
2 $1,580,400 $545,078
$45,832
$989,490
3 $1,659,400 $574,308
$48,123
$1,036,969
4 $1,742,400 $605,018
$50,530
$1,086,852
5 $1,829,500 $637,245
$53,056
$1,139,199
6 $1,921,000 $671,100
$55,709
$1,194,191
7 $2,017,000 $706,620
$58,493
$1,251,887
8 $2,117,900 $743,953
$61,419
$1,312,528
9 $2,223,800 $783,136
$64,490
$1,376,174
10 $2,335,000 $824,280
$67,715
$1,443,005
11 $2,451,700 $867,459
$71,099
$1,513,142
12 $2,574,300 $912,821
$74,655
$1,586,824
13 $2,703,000 $960,440
$78,387
$1,664,173
14 $2,838,200 $1,010,464
$82,308
$1,745,428
15 $2,980,100 $1,062,967
$86,423
$1,830,710
16 $3,129,100 $1,118,097
$90,744
$1,920,259
17 $3,285,500 $1,175,965
$95,280
$2,014,255
18 $3,449,800 $1,236,756
$100,044
$2,113,000
19 $3,622,300 $1,300,581
$105,047
$2,216,672
20 $3,803,400 $1,367,588
$110,299
$2,325,513
21 $3,993,600 $1,437,962
$115,814
$2,439,824
22 $4,193,300 $1,511,851
$121,606
$2,559,843
23 $4,402,900 $1,589,403
$127,684
$2,685,813
24 $4,623,100 $1,670,877
$134,070
$2,818,153
25 $4,854,200 $1,756,384
$140,772
$2,957,044
26 $5,097,000 $1,846,220
$147,813
$3,102,967
27 $5,351,800 $1,940,496
$155,202
$3,256,102
28 $5,619,400 $2,039,508
$162,963
$3,416,929
29 $5,900,400 $2,143,478
$171,112
$3,585,810
30 $6,195,400 $2,252,628
$179,667
$3,763,105