The jackpot for the MEGA Millions draw on Tue Jun 17, 2025, is projected to be $280 Million, with an option for a cash payout of $126.1 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 Tue Jun 17, 2025 |
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Draw Date | Tue Jun 17, 2025 | Projected Jackpot | $280,000,000 | Cash Value | $126,100,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $126,100,000 | Federal Tax(24%) | $30,264,000 | Additional Federal Tax | $16,353,330 | State Tax(2.9%) | $3,656,900 | Net Lumpsum Payment | $75,825,770 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$4,214,280 |
$1,519,614 $122,214 |
$2,572,452 |
2 |
$4,425,120 |
$1,597,625 $128,328 |
$2,699,167 |
3 |
$4,646,320 |
$1,679,469 $134,743 |
$2,832,108 |
4 |
$4,878,720 |
$1,765,457 $141,483 |
$2,971,780 |
5 |
$5,122,600 |
$1,855,692 $148,555 |
$3,118,353 |
6 |
$5,378,800 |
$1,950,486 $155,985 |
$3,272,329 |
7 |
$5,647,600 |
$2,049,942 $163,780 |
$3,433,878 |
8 |
$5,930,120 |
$2,154,475 $171,973 |
$3,603,672 |
9 |
$6,226,640 |
$2,264,187 $180,573 |
$3,781,880 |
10 |
$6,538,000 |
$2,379,390 $189,602 |
$3,969,008 |
11 |
$6,864,760 |
$2,500,292 $199,078 |
$4,165,390 |
12 |
$7,208,040 |
$2,627,305 $209,033 |
$4,371,702 |
13 |
$7,568,400 |
$2,760,638 $219,484 |
$4,588,278 |
14 |
$7,946,960 |
$2,900,706 $230,462 |
$4,815,792 |
15 |
$8,344,280 |
$3,047,714 $241,984 |
$5,054,582 |
16 |
$8,761,480 |
$3,202,078 $254,083 |
$5,305,319 |
17 |
$9,199,400 |
$3,364,108 $266,783 |
$5,568,509 |
18 |
$9,659,440 |
$3,534,323 $280,124 |
$5,844,993 |
19 |
$10,142,440 |
$3,713,033 $294,131 |
$6,135,276 |
20 |
$10,649,520 |
$3,900,653 $308,836 |
$6,440,031 |
21 |
$11,182,080 |
$4,097,700 $324,280 |
$6,760,100 |
22 |
$11,741,240 |
$4,304,589 $340,496 |
$7,096,155 |
23 |
$12,328,120 |
$4,521,735 $357,515 |
$7,448,870 |
24 |
$12,944,680 |
$4,749,862 $375,396 |
$7,819,422 |
25 |
$13,591,760 |
$4,989,282 $394,161 |
$8,208,317 |
26 |
$14,271,600 |
$5,240,822 $413,876 |
$8,616,902 |
27 |
$14,985,040 |
$5,504,795 $434,566 |
$9,045,679 |
28 |
$15,734,320 |
$5,782,029 $456,295 |
$9,495,996 |
29 |
$16,521,120 |
$6,073,145 $479,112 |
$9,968,863 |
30 |
$17,347,120 |
$6,378,765 $503,066 |
$10,465,289 |
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