USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Oct 23, 2004

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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 $13,600,000 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, Oct 23, 2004
Jackpot:$13,600,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$242,489$54,660$7,032$180,798
2$252,189$57,813$7,313$187,062
3$262,276$61,344$7,606$193,326
4$272,768$65,016$7,910$199,841
5$283,678$68,835$8,227$206,617
6$295,025$72,806$8,556$213,664
7$306,826$76,936$8,898$220,992
8$319,099$81,232$9,254$228,614
9$331,863$85,699$9,624$236,540
10$345,138$90,346$10,009$244,783
11$358,943$95,177$10,409$253,357
12$373,301$100,203$10,826$262,273
13$388,233$105,429$11,259$271,546
14$403,763$110,864$11,709$281,189
15$419,913$116,517$12,177$291,219
16$436,710$122,396$12,665$301,649
17$454,178$128,510$13,171$312,497
18$472,345$134,868$13,698$323,779
19$491,239$141,481$14,246$335,512
20$510,888$148,358$14,816$347,714
21$531,324$155,511$15,408$360,405
22$552,577$162,949$16,025$373,603
23$574,680$170,685$16,666$387,329
24$597,667$178,731$17,332$401,604
25$621,574$187,098$18,026$416,450
26$646,437$196,202$18,747$431,488
27$672,294$205,769$19,497$447,029
28$699,186$215,719$20,276$463,191
29$727,154$226,067$21,087$479,999
30$756,240$236,829$21,931$497,480
Total$13,600,000$3,854,050$394,400$9,351,550

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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.