USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Jul 16, 1997

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The tax information provided here is based on 2025 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 $19,800,000 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, Jul 16, 1997
Jackpot:$19,800,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$353,036$93,110$10,238$249,688
2$367,157$98,052$10,648$258,457
3$381,844$103,193$11,073$267,578
4$397,117$108,538$11,516$277,063
5$413,002$114,098$11,977$286,927
6$429,522$119,880$12,456$297,186
7$446,703$125,893$12,954$307,855
8$464,571$132,147$13,473$318,951
9$483,154$138,651$14,011$330,491
10$502,480$145,415$14,572$342,493
11$522,579$152,450$15,155$354,975
12$543,483$159,766$15,761$367,955
13$565,222$167,375$16,391$381,456
14$587,831$175,288$17,047$395,496
15$611,344$183,518$17,729$410,097
16$635,798$192,265$18,438$425,094
17$661,230$201,675$19,176$440,379
18$687,679$211,461$19,943$456,275
19$715,186$221,639$20,740$472,807
20$743,794$232,224$21,570$490,000
21$773,545$243,232$22,433$507,880
22$804,487$254,680$23,330$526,476
23$836,667$266,587$24,263$545,816
24$870,133$278,970$25,234$565,930
25$904,939$291,848$26,243$586,848
26$941,136$305,241$27,293$608,603
27$978,782$319,169$28,385$631,227
28$1,017,933$333,655$29,520$654,757
29$1,058,650$348,721$30,701$679,228
30$1,100,996$364,389$31,929$704,678
Total$19,800,000$6,083,130$574,199$13,142,666

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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.