USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Aug 15, 2001

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $100,600,000 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, Aug 15, 2001
Jackpot:$100,600,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,793,708$619,629$52,018$1,122,061
2$1,865,456$646,176$54,098$1,165,182
3$1,940,075$673,785$56,262$1,210,028
4$2,017,678$702,498$58,513$1,256,667
5$2,098,385$732,360$60,853$1,305,172
6$2,182,320$763,416$63,287$1,355,617
7$2,269,613$795,714$65,819$1,408,080
8$2,360,397$829,304$68,452$1,462,642
9$2,454,813$864,238$71,190$1,519,385
10$2,553,006$900,569$74,037$1,578,399
11$2,655,126$938,354$76,999$1,639,773
12$2,761,331$977,650$80,079$1,703,603
13$2,871,784$1,018,517$83,282$1,769,985
14$2,986,656$1,061,020$86,613$1,839,023
15$3,106,122$1,105,222$90,078$1,910,822
16$3,230,367$1,151,193$93,681$1,985,493
17$3,359,581$1,199,002$97,428$2,063,151
18$3,493,965$1,248,724$101,325$2,143,916
19$3,633,723$1,300,435$105,378$2,227,910
20$3,779,072$1,354,214$109,593$2,315,265
21$3,930,235$1,410,144$113,977$2,406,114
22$4,087,444$1,468,312$118,536$2,500,597
23$4,250,942$1,528,806$123,277$2,598,859
24$4,420,980$1,591,720$128,208$2,701,052
25$4,597,819$1,657,150$133,337$2,807,332
26$4,781,732$1,725,198$138,670$2,917,864
27$4,973,001$1,795,968$144,217$3,032,816
28$5,171,921$1,869,568$149,986$3,152,367
29$5,378,798$1,946,113$155,985$3,276,700
30$5,593,950$2,025,719$162,225$3,406,007
Total$100,600,000$35,900,718$2,917,403$61,781,882

◄ Back to Jackpot Analysis

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.