North Dakota Lottery

NDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Fri May 9, 2025 is estimated to be $100 Million, with a cash option of 45.3 Million. If you win the MEGA Millions jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of North Dakota, your state will take 2.9% of your lottery winnings.

Please note that the calculation of the MEGA Millions jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

North Dakota MEGA Millions Jackpot/Cash Option for Fri May 9, 2025

Draw Date	Jackpot	Cash Option
Fri May 9, 2025	$100,000,000	$45,300,000

Lumpsum Option Taxes and Payment

Category	Amount
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

Year	Gross Payment	Fed/State Tax	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