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North Dakota Mega Millions Jackpot Annuity Payout Schedule for Jan 19, 2021

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The tax information provided here is based on 2021 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Mega Millions annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $850,000,000 for a ticket purchased in North Dakota, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their prize money, as well as deductions claimed.

State:

North Dakota

Drawing Date:Tue, Jan 19, 2021
Jackpot:$850,000,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$12,793,720$4,697,749$371,018$7,724,953
2$13,433,406$4,934,432$389,569$8,109,405
3$14,105,076$5,182,950$409,047$8,513,078
4$14,810,330$5,443,894$429,500$8,936,936
5$15,550,846$5,717,885$450,975$9,381,986
6$16,328,389$6,005,576$473,523$9,849,289
7$17,144,809$6,307,651$497,199$10,339,958
8$18,002,049$6,624,830$522,059$10,855,159
9$18,902,151$6,957,868$548,162$11,396,121
10$19,847,259$7,307,558$575,570$11,964,130
11$20,839,622$7,674,732$604,349$12,560,540
12$21,881,603$8,060,265$634,566$13,186,771
13$22,975,683$8,465,075$666,295$13,844,313
14$24,124,467$8,890,125$699,610$14,534,732
15$25,330,690$9,336,428$734,590$15,259,673
16$26,597,225$9,805,046$771,320$16,020,860
17$27,927,086$10,297,094$809,885$16,820,106
18$29,323,440$10,813,745$850,380$17,659,315
19$30,789,612$11,356,229$892,899$18,540,485
20$32,329,093$11,925,837$937,544$19,465,713
21$33,945,547$12,523,925$984,421$20,437,202
22$35,642,825$13,151,917$1,033,642$21,457,265
23$37,424,966$13,811,310$1,085,324$22,528,332
24$39,296,214$14,503,671$1,139,590$23,652,952
25$41,261,025$15,230,651$1,196,570$24,833,804
26$43,324,077$15,993,981$1,256,398$26,073,698
27$45,490,280$16,795,476$1,319,218$27,375,586
28$47,764,794$17,637,046$1,385,179$28,742,569
29$50,153,034$18,520,695$1,454,438$30,177,901
30$52,660,686$19,448,526$1,527,160$31,685,000
Total$850,000,002$313,422,167$24,650,000$511,927,832

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.