USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Mar 24, 1993

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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 Powerball 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 $14,200,000 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:Wed, Mar 24, 1993
Jackpot:$14,200,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$253,187$57,476$7,342$188,369
2$263,315$60,929$7,636$194,749
3$273,848$64,616$7,942$201,290
4$284,801$68,450$8,259$208,092
5$296,193$72,437$8,590$215,167
6$308,041$76,584$8,933$222,524
7$320,363$80,896$9,291$230,176
8$333,177$85,381$9,662$238,134
9$346,504$90,046$10,049$246,410
10$360,365$94,897$10,451$255,017
11$374,779$99,942$10,869$263,969
12$389,770$105,189$11,303$273,278
13$405,361$110,646$11,755$282,960
14$421,576$116,321$12,226$293,029
15$438,439$122,223$12,715$303,501
16$455,976$128,361$13,223$314,392
17$474,215$134,745$13,752$325,718
18$493,184$141,384$14,302$337,498
19$512,911$148,288$14,874$349,749
20$533,428$155,469$15,469$362,489
21$554,765$162,937$16,088$375,740
22$576,955$170,704$16,732$389,520
23$600,034$178,781$17,401$403,852
24$624,035$187,181$18,097$418,756
25$648,996$196,086$18,821$434,090
26$674,956$205,691$19,574$449,691
27$701,954$215,680$20,357$465,917
28$730,033$226,069$21,171$482,792
29$759,234$236,874$22,018$500,342
30$789,603$248,110$22,898$518,594
Total$14,200,000$4,042,393$411,800$9,745,805

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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.