USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Apr 20, 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 $31,900,000 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, Apr 20, 2002
Jackpot:$31,900,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$568,780$167,842$16,495$384,443
2$591,531$175,805$17,154$398,572
3$615,193$184,087$17,841$413,265
4$639,800$192,699$18,554$428,547
5$665,392$202,152$19,296$443,944
6$692,008$212,000$20,068$459,940
7$719,688$222,242$20,871$476,575
8$748,476$232,893$21,706$493,877
9$778,415$243,971$22,574$511,870
10$809,552$255,491$23,477$530,583
11$841,934$267,473$24,416$550,045
12$875,611$279,933$25,393$570,285
13$910,635$292,892$26,408$591,335
14$947,061$306,370$27,465$613,226
15$984,943$320,386$28,563$635,994
16$1,024,341$334,963$29,706$659,672
17$1,065,315$350,124$30,894$684,297
18$1,107,927$365,890$32,130$709,907
19$1,152,244$382,288$33,415$736,542
20$1,198,334$399,341$34,752$764,241
21$1,246,267$417,076$36,142$793,049
22$1,296,118$435,521$37,587$823,010
23$1,347,963$454,703$39,091$854,168
24$1,401,881$474,653$40,655$886,573
25$1,457,957$495,401$42,281$920,275
26$1,516,275$516,979$43,972$955,324
27$1,576,926$539,420$45,731$991,775
28$1,640,003$562,758$47,560$1,029,684
29$1,705,603$587,030$49,462$1,069,110
30$1,773,827$612,273$51,441$1,110,113
Total$31,900,000$10,484,656$925,100$20,490,241

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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.