USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Jul 13, 2002

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

The tax information provided here is based on 2025 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 $30,200,000 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, Jul 13, 2002
Jackpot:$30,200,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$538,469$158,011$15,616$364,842
2$560,008$165,550$16,240$378,218
3$582,408$173,390$16,890$392,128
4$605,704$181,544$17,565$406,595
5$629,933$190,095$18,268$421,569
6$655,130$199,418$18,999$436,713
7$681,335$209,114$19,759$452,462
8$708,588$219,198$20,549$468,841
9$736,932$229,685$21,371$485,876
10$766,409$240,592$22,226$503,592
11$797,066$251,935$23,115$522,016
12$828,948$263,731$24,040$541,178
13$862,106$276,000$25,001$561,106
14$896,590$288,759$26,001$581,831
15$932,454$302,028$27,041$603,385
16$969,752$315,829$28,123$625,801
17$1,008,542$330,181$29,248$649,114
18$1,048,884$345,107$30,418$673,359
19$1,090,839$360,631$31,634$698,574
20$1,134,473$376,775$32,900$724,798
21$1,179,852$393,565$34,216$752,071
22$1,227,046$411,027$35,584$780,434
23$1,276,128$429,188$37,008$809,933
24$1,327,173$448,074$38,488$840,611
25$1,380,260$467,716$40,028$872,516
26$1,435,470$488,144$41,629$905,697
27$1,492,889$509,389$43,294$940,206
28$1,552,605$531,484$45,026$976,095
29$1,614,709$554,462$46,827$1,013,420
30$1,679,297$578,360$48,700$1,052,237
Total$30,200,000$9,888,982$875,804$19,435,218

◄ 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.