USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Apr 26, 1995

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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 $7,600,000 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, Apr 26, 1995
Jackpot:$7,600,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$135,509$25,120$3,930$106,459
2$140,929$26,421$4,087$110,421
3$146,566$27,774$4,250$114,542
4$152,429$29,181$4,420$118,828
5$158,526$30,644$4,597$123,285
6$164,867$32,166$4,781$127,920
7$171,462$33,749$4,972$132,741
8$178,320$35,395$5,171$137,754
9$185,453$37,107$5,378$142,968
10$192,871$38,887$5,593$148,391
11$200,586$40,739$5,817$154,030
12$208,610$43,211$6,050$159,349
13$216,954$45,881$6,292$164,781
14$225,632$48,658$6,543$170,430
15$234,657$51,546$6,805$176,306
16$244,044$54,550$7,077$182,416
17$253,805$57,674$7,360$188,771
18$263,958$61,154$7,655$195,148
19$274,516$64,850$7,961$201,705
20$285,497$68,693$8,279$208,524
21$296,916$72,690$8,611$215,616
22$308,793$76,847$8,955$222,991
23$321,145$81,170$9,313$230,662
24$333,991$85,666$9,686$238,639
25$347,350$90,342$10,073$246,935
26$361,244$95,205$10,476$255,563
27$375,694$100,262$10,895$264,537
28$390,722$105,522$11,331$273,869
29$406,351$110,992$11,784$283,574
30$422,605$116,681$12,256$293,668
Total$7,600,000$1,788,777$220,398$5,590,823

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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.