USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Dec 6, 1995

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

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 $14,700,000 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, Dec 6, 1995
Jackpot:$14,700,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$262,102$60,505$7,601$193,996
2$272,587$64,175$7,905$200,507
3$283,490$67,991$8,221$207,278
4$294,830$71,960$8,550$214,320
5$306,623$76,087$8,892$221,644
6$318,888$80,380$9,248$229,260
7$331,643$84,844$9,618$237,181
8$344,909$89,487$10,002$245,419
9$358,705$94,316$10,402$253,987
10$373,054$99,338$10,819$262,897
11$387,976$104,561$11,251$272,164
12$403,495$109,992$11,701$281,801
13$419,634$115,641$12,169$291,824
14$436,420$121,516$12,656$302,247
15$453,877$127,626$13,162$313,088
16$472,032$133,980$13,689$324,362
17$490,913$140,589$14,236$336,088
18$510,550$147,462$14,806$348,282
19$530,971$154,609$15,398$360,964
20$552,210$162,043$16,014$374,153
21$574,299$169,774$16,655$387,870
22$597,271$177,814$17,321$402,136
23$621,162$186,176$18,014$416,972
24$646,008$194,980$18,734$432,294
25$671,848$204,541$19,484$447,824
26$698,722$214,484$20,263$463,975
27$726,671$224,826$21,073$480,772
28$755,738$235,580$21,916$498,241
29$785,968$246,765$22,793$516,409
30$817,406$258,398$23,705$535,304
Total$14,700,000$4,220,440$426,298$10,053,259

◄ Back to Jackpot Analysis

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.