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North Dakota Mega Millions Jackpot Annuity Payout Schedule for Aug 2, 2024

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The tax information provided here is based on 2026 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 $358,000,000 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 money, as well as deductions claimed.

State:

North Dakota

Drawing Date:Fri, Aug 2, 2024
Jackpot:$358,000,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,388,414$1,949,670$156,264$3,282,479
2$5,657,835$2,049,356$164,077$3,444,401
3$5,940,726$2,154,026$172,281$3,614,419
4$6,237,763$2,263,929$180,895$3,792,938
5$6,549,650$2,379,328$189,940$3,980,383
6$6,877,133$2,500,496$199,437$4,177,200
7$7,220,990$2,627,724$209,409$4,383,858
8$7,582,039$2,761,312$219,879$4,600,848
9$7,961,141$2,901,580$230,873$4,828,689
10$8,359,198$3,048,861$242,417$5,067,921
11$8,777,158$3,203,506$254,538$5,319,115
12$9,216,016$3,365,883$267,264$5,582,868
13$9,676,817$3,536,380$280,628$5,859,810
14$10,160,658$3,715,401$294,659$6,150,598
15$10,668,691$3,903,373$309,392$6,455,926
16$11,202,125$4,100,744$324,862$6,776,520
17$11,762,231$4,307,983$341,105$7,113,144
18$12,350,343$4,525,584$358,160$7,466,599
19$12,967,860$4,754,065$376,068$7,837,727
20$13,616,253$4,993,971$394,871$8,227,411
21$14,297,066$5,245,872$414,615$8,636,579
22$15,011,919$5,510,367$435,346$9,066,206
23$15,762,515$5,788,088$457,113$9,517,314
24$16,550,641$6,079,694$479,969$9,990,978
25$17,378,173$6,385,881$503,967$10,488,325
26$18,247,082$6,707,377$529,165$11,010,539
27$19,159,436$7,044,948$555,624$11,558,864
28$20,117,407$7,399,398$583,405$12,134,605
29$21,123,278$7,771,570$612,575$12,739,133
30$22,179,442$8,162,351$643,204$13,373,887
Total$358,000,001$131,138,718$10,382,002$216,479,284

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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.