USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for May 14, 2005

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 $112,000,000 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, May 14, 2005
Jackpot:$112,000,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,996,971$695,900$57,912$1,243,159
2$2,076,850$725,455$60,229$1,291,167
3$2,159,924$756,192$62,638$1,341,094
4$2,246,321$788,159$65,143$1,393,019
5$2,336,174$821,405$67,749$1,447,020
6$2,429,621$855,980$70,459$1,503,182
7$2,526,806$891,938$73,277$1,561,590
8$2,627,878$929,335$76,208$1,622,334
9$2,732,993$968,228$79,257$1,685,508
10$2,842,313$1,008,676$82,427$1,751,210
11$2,956,005$1,050,742$85,724$1,819,539
12$3,074,245$1,094,491$89,153$1,890,601
13$3,197,215$1,139,990$92,719$1,964,506
14$3,325,104$1,187,309$96,428$2,041,367
15$3,458,108$1,236,520$100,285$2,121,303
16$3,596,432$1,287,700$104,297$2,204,435
17$3,740,289$1,340,927$108,468$2,290,894
18$3,889,901$1,396,284$112,807$2,380,810
19$4,045,497$1,453,854$117,319$2,474,323
20$4,207,317$1,513,728$122,012$2,571,577
21$4,375,610$1,575,996$126,893$2,672,721
22$4,550,634$1,640,755$131,968$2,777,911
23$4,732,659$1,708,104$137,247$2,887,308
24$4,921,966$1,778,148$142,737$3,001,081
25$5,118,844$1,850,993$148,446$3,119,405
26$5,323,598$1,926,752$154,384$3,242,462
27$5,536,542$2,005,541$160,560$3,370,442
28$5,758,004$2,087,482$166,982$3,503,540
29$5,988,324$2,172,700$173,661$3,641,962
30$6,227,857$2,261,327$180,608$3,785,922
Total$112,000,000$40,150,611$3,247,997$68,601,392

◄ 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.