North Dakota Lottery

NDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Feb 25, 2025 is estimated to be $181 Million, with a cash option of 82.7 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 Tue Feb 25, 2025

Draw Date	Jackpot	Cash Option
Tue Feb 25, 2025	$181,000,000	$82,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$82,700,000
Federal Tax(24%)	$19,848,000
Additional Federal Tax	$10,711,330
State Tax(2.9%)	$2,398,300
Net Lumpsum Payment	$49,742,370

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,724,231	-$968,296 -$79,003	$1,676,932
2	$2,860,524	-$1,018,724 -$82,955	$1,758,845
3	$3,003,514	-$1,071,631 -$87,102	$1,844,781
4	$3,153,744	-$1,127,216 -$91,459	$1,935,069
5	$3,311,395	-$1,185,547 -$96,030	$2,029,818
6	$3,477,010	-$1,246,824 -$100,833	$2,129,353
7	$3,650,770	-$1,311,115 -$105,872	$2,233,783
8	$3,833,399	-$1,378,688 -$111,169	$2,343,542
9	$4,025,078	-$1,449,609 -$116,727	$2,458,742
10	$4,226,350	-$1,524,080 -$122,564	$2,579,706
11	$4,437,577	-$1,602,234 -$128,690	$2,706,653
12	$4,659,483	-$1,684,339 -$135,125	$2,840,019
13	$4,892,430	-$1,770,529 -$141,880	$2,980,021
14	$5,137,142	-$1,861,073 -$148,977	$3,127,092
15	$5,393,981	-$1,956,103 -$156,425	$3,281,453
16	$5,663,671	-$2,055,889 -$164,246	$3,443,536
17	$5,946,755	-$2,160,630 -$172,456	$3,613,669
18	$6,244,138	-$2,270,661 -$181,080	$3,792,397
19	$6,556,363	-$2,386,185 -$190,135	$3,980,043
20	$6,884,154	-$2,507,467 -$199,640	$4,177,047
21	$7,228,416	-$2,634,844 -$209,624	$4,383,948
22	$7,589,873	-$2,768,583 -$220,106	$4,601,184
23	$7,969,249	-$2,908,953 -$231,108	$4,829,188
24	$8,367,811	-$3,056,420 -$242,667	$5,068,724
25	$8,786,102	-$3,211,188 -$254,797	$5,320,117
26	$9,225,570	-$3,373,791 -$267,542	$5,584,237
27	$9,686,758	-$3,544,431 -$280,916	$5,861,411
28	$10,171,114	-$3,723,643 -$294,962	$6,152,509
29	$10,679,724	-$3,911,828 -$309,712	$6,458,184
30	$11,213,674	-$4,109,390 -$325,197	$6,779,087