The jackpot for the MEGA Millions draw on Tue Oct 7, 2025, is projected to be $547 Million, with an option for a cash payout of $251.7 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 Tue Oct 7, 2025 |
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Draw Date | Tue Oct 7, 2025 | Projected Jackpot | $547,000,000 | Cash Value | $251,700,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $251,700,000 | Federal Tax(24%) | $60,408,000 | Additional Federal Tax | $32,681,330 | State Tax(2.9%) | $7,299,300 | Net Lumpsum Payment | $151,311,370 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$8,232,897 |
$3,006,502 $238,754 |
$4,987,641 |
2 |
$8,644,788 |
$3,158,902 $250,699 |
$5,235,187 |
3 |
$9,076,918 |
$3,318,790 $263,231 |
$5,494,897 |
4 |
$9,530,928 |
$3,486,774 $276,397 |
$5,767,757 |
5 |
$10,007,365 |
$3,663,055 $290,214 |
$6,054,096 |
6 |
$10,507,870 |
$3,848,242 $304,728 |
$6,354,900 |
7 |
$11,032,990 |
$4,042,537 $319,957 |
$6,670,496 |
8 |
$11,584,913 |
$4,246,748 $335,962 |
$7,002,203 |
9 |
$12,164,186 |
$4,461,079 $352,761 |
$7,350,346 |
10 |
$12,772,450 |
$4,686,137 $370,401 |
$7,715,912 |
11 |
$13,410,799 |
$4,922,326 $388,913 |
$8,099,560 |
12 |
$14,081,421 |
$5,170,456 $408,361 |
$8,502,604 |
13 |
$14,785,410 |
$5,430,932 $428,777 |
$8,925,701 |
14 |
$15,524,954 |
$5,704,563 $450,224 |
$9,370,167 |
15 |
$16,301,147 |
$5,991,755 $472,733 |
$9,836,659 |
16 |
$17,116,177 |
$6,293,316 $496,369 |
$10,326,492 |
17 |
$17,971,685 |
$6,609,854 $521,179 |
$10,840,652 |
18 |
$18,870,406 |
$6,942,381 $547,242 |
$11,380,783 |
19 |
$19,813,981 |
$7,291,503 $574,605 |
$11,947,873 |
20 |
$20,804,598 |
$7,658,032 $603,333 |
$12,543,233 |
21 |
$21,844,992 |
$8,042,977 $633,505 |
$13,168,510 |
22 |
$22,937,351 |
$8,447,150 $665,183 |
$13,825,018 |
23 |
$24,083,863 |
$8,871,360 $698,432 |
$14,514,071 |
24 |
$25,288,357 |
$9,317,022 $733,362 |
$15,237,973 |
25 |
$26,552,474 |
$9,784,746 $770,022 |
$15,997,706 |
26 |
$27,880,590 |
$10,276,149 $808,537 |
$16,795,904 |
27 |
$29,274,346 |
$10,791,838 $848,956 |
$17,633,552 |
28 |
$30,738,118 |
$11,333,434 $891,405 |
$18,513,279 |
29 |
$32,275,188 |
$11,902,150 $935,980 |
$19,437,058 |
30 |
$33,888,838 |
$12,499,200 $982,776 |
$20,406,862 |
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