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North Dakota Mega Millions Jackpot Annuity Payout Schedule for Sep 6, 2024

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The tax information provided here is based on 2025 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 $740,000,000 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, Sep 6, 2024
Jackpot:$740,000,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$11,138,062$4,078,103$323,004$6,736,955
2$11,694,965$4,284,157$339,154$7,071,654
3$12,279,713$4,500,514$356,112$7,423,087
4$12,893,699$4,727,689$373,917$7,792,093
5$13,538,384$4,966,222$392,613$8,179,548
6$14,215,303$5,216,682$412,244$8,586,377
7$14,926,069$5,479,666$432,856$9,013,547
8$15,672,372$5,755,798$454,499$9,462,075
9$16,455,991$6,045,737$477,224$9,933,030
10$17,278,790$6,350,172$501,085$10,427,532
11$18,142,729$6,669,830$526,139$10,946,760
12$19,049,866$7,005,471$552,446$11,491,949
13$20,002,359$7,357,893$580,068$12,064,398
14$21,002,477$7,727,937$609,072$12,665,469
15$22,052,601$8,116,483$639,525$13,296,593
16$23,155,231$8,524,456$671,502$13,959,274
17$24,312,992$8,952,827$705,077$14,655,088
18$25,528,642$9,402,618$740,331$15,385,694
19$26,805,074$9,874,898$777,347$16,152,829
20$28,145,328$10,370,792$816,215$16,958,322
21$29,552,594$10,891,480$857,025$17,804,089
22$31,030,224$11,438,203$899,876$18,692,144
23$32,581,735$12,012,262$944,870$19,624,603
24$34,210,822$12,615,024$992,114$20,603,684
25$35,921,363$13,247,924$1,041,720$21,631,719
26$37,717,431$13,912,470$1,093,806$22,711,156
27$39,603,303$14,610,242$1,148,496$23,844,565
28$41,583,468$15,342,903$1,205,921$25,034,644
29$43,662,641$16,112,197$1,266,217$26,284,227
30$45,845,774$16,919,956$1,329,527$27,596,290
Total$740,000,001$272,510,606$21,460,002$446,029,395

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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.