The jackpot for the MEGA Millions draw on Fri May 2, 2025, is projected to be $80 Million, with an option for a cash payout of $36.4 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 Fri May 2, 2025 |
|---|
| Draw Date | Fri May 2, 2025 | | Projected Jackpot | $80,000,000 | | Cash Value | $36,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $36,400,000 | | Federal Tax(24%) | $8,736,000 | | Additional Federal Tax | $4,692,330 | | State Tax(2.9%) | $1,055,600 | | Net Lumpsum Payment | $21,916,070 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,204,080 |
$405,840
$34,918 |
$763,322 |
| 2 |
$1,264,320 |
$428,129
$36,665 |
$799,526 |
| 3 |
$1,327,520 |
$451,513
$38,498 |
$837,509 |
| 4 |
$1,393,920 |
$476,081
$40,424 |
$877,415 |
| 5 |
$1,463,600 |
$501,862
$42,444 |
$919,294 |
| 6 |
$1,536,800 |
$528,946
$44,567 |
$963,287 |
| 7 |
$1,613,600 |
$557,362
$46,794 |
$1,009,444 |
| 8 |
$1,694,320 |
$587,229
$49,135 |
$1,057,956 |
| 9 |
$1,779,040 |
$618,575
$51,592 |
$1,108,873 |
| 10 |
$1,868,000 |
$651,490
$54,172 |
$1,162,338 |
| 11 |
$1,961,360 |
$686,034
$56,879 |
$1,218,447 |
| 12 |
$2,059,440 |
$722,323
$59,724 |
$1,277,393 |
| 13 |
$2,162,400 |
$760,418
$62,710 |
$1,339,272 |
| 14 |
$2,270,560 |
$800,438
$65,846 |
$1,404,276 |
| 15 |
$2,384,080 |
$842,440
$69,138 |
$1,472,502 |
| 16 |
$2,503,280 |
$886,544
$72,595 |
$1,544,141 |
| 17 |
$2,628,400 |
$932,838
$76,224 |
$1,619,338 |
| 18 |
$2,759,840 |
$981,471
$80,035 |
$1,698,334 |
| 19 |
$2,897,840 |
$1,032,531
$84,037 |
$1,781,272 |
| 20 |
$3,042,720 |
$1,086,137
$88,239 |
$1,868,344 |
| 21 |
$3,194,880 |
$1,142,436
$92,652 |
$1,959,792 |
| 22 |
$3,354,640 |
$1,201,547
$97,285 |
$2,055,808 |
| 23 |
$3,522,320 |
$1,263,589
$102,147 |
$2,156,584 |
| 24 |
$3,698,480 |
$1,328,768
$107,256 |
$2,262,456 |
| 25 |
$3,883,360 |
$1,397,174
$112,617 |
$2,373,569 |
| 26 |
$4,077,600 |
$1,469,042
$118,250 |
$2,490,308 |
| 27 |
$4,281,440 |
$1,544,463
$124,162 |
$2,612,815 |
| 28 |
$4,495,520 |
$1,623,673
$130,370 |
$2,741,477 |
| 29 |
$4,720,320 |
$1,706,849
$136,889 |
$2,876,582 |
| 30 |
$4,956,320 |
$1,794,169
$143,733 |
$3,018,418 |
|
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