USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Feb 16, 2002

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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 $27,100,000 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, Feb 16, 2002
Jackpot:$27,100,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$483,196$137,888$14,013$331,295
2$502,524$144,652$14,573$343,298
3$522,624$151,688$15,156$355,781
4$543,529$159,005$15,762$368,763
5$565,271$166,614$16,393$382,264
6$587,881$174,528$17,049$396,305
7$611,397$182,758$17,731$410,908
8$635,853$191,318$18,440$426,095
9$661,287$200,633$19,177$441,476
10$687,738$210,420$19,944$457,373
11$715,248$220,599$20,742$473,907
12$743,858$231,185$21,572$491,101
13$773,612$242,194$22,435$508,983
14$804,556$253,643$23,332$527,581
15$836,739$265,551$24,265$546,923
16$870,208$277,934$25,236$567,038
17$905,016$290,813$26,245$587,958
18$941,217$304,208$27,295$609,714
19$978,866$318,138$28,387$632,341
20$1,018,020$332,625$29,523$655,873
21$1,058,741$347,692$30,703$680,346
22$1,101,091$363,361$31,932$705,798
23$1,145,135$379,657$33,209$732,269
24$1,190,940$396,605$34,537$759,798
25$1,238,578$414,231$35,919$788,428
26$1,288,121$432,562$37,355$818,203
27$1,339,645$451,626$38,850$849,170
28$1,393,231$471,453$40,404$881,375
29$1,448,961$492,073$42,020$914,868
30$1,506,919$513,517$43,701$949,701
Total$27,100,000$8,719,171$785,900$17,594,933

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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.