North Dakota Lottery

NDLottery MEGA Millions Jackpot Analysis

The MEGA Millions jackpot for the draw on Tue Mar 11, 2025 is estimated to be $256 Million, with a cash option of 119.5 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 Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

North Dakota MEGA Millions Jackpot/Cash Option for Tue Mar 11, 2025

Draw Date	Jackpot	Cash Option
Tue Mar 11, 2025	$256,000,000	$119,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$119,500,000
Federal Tax(24%)	$28,680,000
Additional Federal Tax	$15,495,330
State Tax(2.9%)	$3,465,500
Net Lumpsum Payment	$71,859,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,853,056	-$1,385,961 -$111,739	$2,355,356
2	$4,045,824	-$1,457,285 -$117,329	$2,471,210
3	$4,248,064	-$1,532,114 -$123,194	$2,592,756
4	$4,460,544	-$1,610,732 -$129,356	$2,720,456
5	$4,683,520	-$1,693,233 -$135,822	$2,854,465
6	$4,917,760	-$1,779,902 -$142,615	$2,995,243
7	$5,163,520	-$1,870,833 -$149,742	$3,142,945
8	$5,421,824	-$1,966,405 -$157,233	$3,298,186
9	$5,692,928	-$2,066,714 -$165,095	$3,461,119
10	$5,977,600	-$2,172,042 -$173,350	$3,632,208
11	$6,276,352	-$2,282,581 -$182,014	$3,811,757
12	$6,590,208	-$2,398,707 -$191,116	$4,000,385
13	$6,919,680	-$2,520,612 -$200,671	$4,198,397
14	$7,265,792	-$2,648,673 -$210,708	$4,406,411
15	$7,629,056	-$2,783,081 -$221,243	$4,624,732
16	$8,010,496	-$2,924,214 -$232,304	$4,853,978
17	$8,410,880	-$3,072,356 -$243,916	$5,094,608
18	$8,831,488	-$3,227,981 -$256,113	$5,347,394
19	$9,273,088	-$3,391,373 -$268,920	$5,612,795
20	$9,736,704	-$3,562,911 -$282,364	$5,891,429
21	$10,223,616	-$3,743,068 -$296,485	$6,184,063
22	$10,734,848	-$3,932,224 -$311,311	$6,491,313
23	$11,271,424	-$4,130,757 -$326,871	$6,813,796
24	$11,835,136	-$4,339,331 -$343,219	$7,152,586
25	$12,426,752	-$4,558,229 -$360,376	$7,508,147
26	$13,048,320	-$4,788,209 -$378,401	$7,881,710
27	$13,700,608	-$5,029,555 -$397,318	$8,273,735
28	$14,385,664	-$5,283,026 -$417,184	$8,685,454
29	$15,105,024	-$5,549,189 -$438,046	$9,117,789
30	$15,860,224	-$5,828,613 -$459,946	$9,571,665