USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Apr 28, 1999

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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 $40,800,000 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, Apr 28, 1999
Jackpot:$40,800,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$727,468$225,120$21,097$481,251
2$756,567$235,887$21,940$498,739
3$786,829$247,084$22,818$516,927
4$818,303$258,729$23,731$535,843
5$851,035$270,840$24,680$555,515
6$885,076$283,435$25,667$575,973
7$920,479$296,535$26,694$597,251
8$957,298$310,158$27,762$619,379
9$995,590$324,326$28,872$642,392
10$1,035,414$339,060$30,027$666,326
11$1,076,830$354,385$31,228$691,218
12$1,119,904$370,322$32,477$717,105
13$1,164,700$386,896$33,776$744,027
14$1,211,288$404,134$35,127$772,027
15$1,259,739$422,061$36,532$801,146
16$1,310,129$440,705$37,994$831,430
17$1,362,534$460,095$39,513$862,926
18$1,417,035$480,260$41,094$895,681
19$1,473,717$501,232$42,738$929,747
20$1,532,665$523,043$44,447$965,175
21$1,593,972$545,727$46,225$1,002,020
22$1,657,731$569,318$48,074$1,040,339
23$1,724,040$593,852$49,997$1,080,191
24$1,793,002$619,368$51,997$1,121,637
25$1,864,722$645,904$54,077$1,164,741
26$1,939,311$673,502$56,240$1,209,569
27$2,016,883$702,204$58,490$1,256,190
28$2,097,559$732,054$60,829$1,304,675
29$2,181,461$763,098$63,262$1,355,101
30$2,268,719$795,383$65,793$1,407,543
Total$40,800,000$13,774,717$1,183,198$25,842,084

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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.