USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Nov 9, 1996

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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 $13,700,000 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:Sat, Nov 9, 1996
Jackpot:$13,700,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$244,272$54,623$7,084$182,565
2$254,043$57,750$7,367$188,926
3$264,205$61,241$7,662$195,302
4$274,773$64,940$7,968$201,865
5$285,764$68,787$8,287$208,690
6$297,195$72,787$8,619$215,789
7$309,082$76,948$8,963$223,171
8$321,446$81,275$9,322$230,849
9$334,304$85,776$9,695$238,833
10$347,676$90,456$10,083$247,137
11$361,583$95,323$10,486$255,774
12$376,046$100,385$10,905$264,755
13$391,088$105,650$11,342$274,096
14$406,731$111,125$11,795$283,811
15$423,001$116,819$12,267$293,914
16$439,921$122,742$12,758$304,422
17$457,518$128,900$13,268$315,349
18$475,818$135,306$13,799$326,714
19$494,851$141,967$14,351$338,533
20$514,645$148,895$14,925$350,825
21$535,231$156,100$15,522$363,609
22$556,640$163,593$16,143$376,904
23$578,906$171,386$16,788$390,731
24$602,062$179,491$17,460$405,111
25$626,144$187,920$18,158$420,066
26$651,190$196,898$18,885$435,408
27$677,238$206,535$19,640$451,063
28$704,327$216,558$20,425$467,343
29$732,500$226,982$21,243$484,275
30$761,800$237,823$22,092$501,885
Total$13,700,000$3,864,981$397,302$9,437,715

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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.