USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Nov 3, 2001

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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 $49,600,000 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:Sat, Nov 3, 2001
Jackpot:$49,600,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$884,373$283,175$25,647$575,551
2$919,748$296,264$26,673$596,811
3$956,538$309,876$27,740$618,922
4$994,799$324,033$28,849$641,917
5$1,034,591$338,756$30,003$665,832
6$1,075,975$354,068$31,203$690,704
7$1,119,014$369,992$32,451$716,570
8$1,163,774$386,554$33,749$743,471
9$1,210,325$403,778$35,099$771,448
10$1,258,738$421,690$36,503$800,545
11$1,309,088$440,320$37,964$830,805
12$1,361,451$459,694$39,482$862,275
13$1,415,910$479,844$41,061$895,004
14$1,472,546$500,799$42,704$929,043
15$1,531,448$522,593$44,412$964,443
16$1,592,706$545,258$46,188$1,001,259
17$1,656,414$568,830$48,036$1,039,547
18$1,722,670$593,345$49,957$1,079,368
19$1,791,577$618,841$51,956$1,120,781
20$1,863,240$645,356$54,034$1,163,850
21$1,937,770$672,932$56,195$1,208,642
22$2,015,281$701,611$58,443$1,255,226
23$2,095,892$731,437$60,781$1,303,674
24$2,179,728$762,456$63,212$1,354,059
25$2,266,917$794,716$65,741$1,406,460
26$2,357,593$828,267$68,370$1,460,956
27$2,451,897$863,159$71,105$1,517,633
28$2,549,973$899,447$73,949$1,576,577
29$2,651,972$937,187$76,907$1,637,878
30$2,758,051$976,436$79,983$1,701,631
Total$49,600,000$17,030,714$1,438,397$31,130,882

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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.