The jackpot for the MEGA Millions draw on Fri Oct 3, 2025, is projected to be $520 Million, with an option for a cash payout of $240.1 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 Oct 3, 2025 |
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Draw Date | Fri Oct 3, 2025 | Projected Jackpot | $520,000,000 | Cash Value | $240,100,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $240,100,000 | Federal Tax(24%) | $57,624,000 | Additional Federal Tax | $31,173,330 | State Tax(2.9%) | $6,962,900 | Net Lumpsum Payment | $144,339,770 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$7,826,520 |
$2,856,143 $226,969 |
$4,743,408 |
2 |
$8,218,080 |
$3,001,020 $238,324 |
$4,978,736 |
3 |
$8,628,880 |
$3,153,016 $250,238 |
$5,225,626 |
4 |
$9,060,480 |
$3,312,708 $262,754 |
$5,485,018 |
5 |
$9,513,400 |
$3,480,288 $275,889 |
$5,757,223 |
6 |
$9,989,200 |
$3,656,334 $289,687 |
$6,043,179 |
7 |
$10,488,400 |
$3,841,038 $304,164 |
$6,343,198 |
8 |
$11,013,080 |
$4,035,170 $319,379 |
$6,658,531 |
9 |
$11,563,760 |
$4,238,922 $335,349 |
$6,989,489 |
10 |
$12,142,000 |
$4,452,870 $352,118 |
$7,337,012 |
11 |
$12,748,840 |
$4,677,401 $369,716 |
$7,701,723 |
12 |
$13,386,360 |
$4,913,284 $388,204 |
$8,084,872 |
13 |
$14,055,600 |
$5,160,902 $407,612 |
$8,487,086 |
14 |
$14,758,640 |
$5,421,027 $428,001 |
$8,909,612 |
15 |
$15,496,520 |
$5,694,043 $449,399 |
$9,353,078 |
16 |
$16,271,320 |
$5,980,719 $471,868 |
$9,818,733 |
17 |
$17,084,600 |
$6,281,632 $495,453 |
$10,307,515 |
18 |
$17,938,960 |
$6,597,746 $520,230 |
$10,820,984 |
19 |
$18,835,960 |
$6,929,636 $546,243 |
$11,360,081 |
20 |
$19,777,680 |
$7,278,072 $573,553 |
$11,926,055 |
21 |
$20,766,720 |
$7,644,017 $602,235 |
$12,520,468 |
22 |
$21,805,160 |
$8,028,240 $632,350 |
$13,144,570 |
23 |
$22,895,080 |
$8,431,510 $663,957 |
$13,799,613 |
24 |
$24,040,120 |
$8,855,175 $697,163 |
$14,487,782 |
25 |
$25,241,840 |
$9,299,811 $732,013 |
$15,210,016 |
26 |
$26,504,400 |
$9,766,958 $768,628 |
$15,968,814 |
27 |
$27,829,360 |
$10,257,194 $807,051 |
$16,765,115 |
28 |
$29,220,880 |
$10,772,056 $847,406 |
$17,601,418 |
29 |
$30,682,080 |
$11,312,700 $889,780 |
$18,479,600 |
30 |
$32,216,080 |
$11,880,280 $934,266 |
$19,401,534 |
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