USA Mega
Home of Mega Millions and Powerball, the USA's biggest multi-state lottery games.
Marketplace

Powerball Annuity Jackpot Analysis for North Dakota

Media: You may freely use any information on this page, but you must credit www.usamega.com.

The Powerball annuity jackpot is awarded according to an increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $304,000,000 would be for a resident of 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 final tax burden, which may vary depending on how the winner chooses to invest or dispense their prize money.  (For example, if the winner gave all their fortune to charity, they may actually end up getting money back that was initially withheld, whereas someone who buys a new mansion and a fleet of new cars would probably end up owing more taxes than shown.)

State:

North Dakota

Drawing Date:  Sat, Feb 23, 2019
Jackpot:$304,000,000
Federal Tax:  24%
State Tax:2.90%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,575,636$1,098,153$132,693$3,344,790
2$4,804,418$1,153,060$139,328$3,512,030
3$5,044,639$1,210,713$146,295$3,687,631
4$5,296,871$1,271,249$153,609$3,872,013
5$5,561,714$1,334,811$161,290$4,065,613
6$5,839,800$1,401,552$169,354$4,268,894
7$6,131,790$1,471,630$177,822$4,482,339
8$6,438,380$1,545,211$186,713$4,706,456
9$6,760,299$1,622,472$196,049$4,941,778
10$7,098,314$1,703,595$205,851$5,188,867
11$7,453,229$1,788,775$216,144$5,448,311
12$7,825,891$1,878,214$226,951$5,720,726
13$8,217,185$1,972,124$238,298$6,006,762
14$8,628,045$2,070,731$250,213$6,307,101
15$9,059,447$2,174,267$262,724$6,622,456
16$9,512,419$2,282,981$275,860$6,953,579
17$9,988,040$2,397,130$289,653$7,301,257
18$10,487,442$2,516,986$304,136$7,666,320
19$11,011,814$2,642,835$319,343$8,049,636
20$11,562,405$2,774,977$335,310$8,452,118
21$12,140,525$2,913,726$352,075$8,874,724
22$12,747,551$3,059,412$369,679$9,318,460
23$13,384,929$3,212,383$388,163$9,784,383
24$14,054,175$3,373,002$407,571$10,273,602
25$14,756,884$3,541,652$427,950$10,787,282
26$15,494,729$3,718,735$449,347$11,326,647
27$16,269,465$3,904,672$471,814$11,892,979
28$17,082,938$4,099,905$495,405$12,487,628
29$17,937,085$4,304,900$520,175$13,112,009
30$18,833,939$4,520,145$546,184$13,767,610
Total$304,000,001$72,960,000$8,816,000$222,224,000
<( Back )Powerball Jackpot Analysis
(Current Drawing)
Top ^



Accuracy Statement  |  Advertise  |  Privacy Policy  |  Site Map  |  DMCA  |  Terms of Use
Copyright © 1999-2019 Speednet Group.  All rights reserved.