USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Jul 23, 2005

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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 $46,200,000 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 23, 2005
Jackpot:$46,200,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$823,751$260,745$23,889$539,117
2$856,701$272,936$24,844$558,920
3$890,969$285,616$25,838$579,515
4$926,607$298,802$26,872$600,934
5$963,672$312,516$27,946$623,209
6$1,002,219$326,778$29,064$646,376
7$1,042,307$341,611$30,227$670,469
8$1,084,000$357,037$31,436$695,526
9$1,127,360$373,080$32,693$721,586
10$1,172,454$389,765$34,001$748,688
11$1,219,352$407,118$35,361$776,873
12$1,268,126$425,164$36,776$806,187
13$1,318,851$443,932$38,247$836,672
14$1,371,605$463,451$39,777$868,378
15$1,426,469$483,751$41,368$901,351
16$1,483,528$504,863$43,022$935,643
17$1,542,869$526,819$44,743$971,307
18$1,604,584$549,653$46,533$1,008,398
19$1,668,768$573,401$48,394$1,046,972
20$1,735,518$598,099$50,330$1,087,089
21$1,804,939$623,785$52,343$1,128,811
22$1,877,137$650,498$54,437$1,172,202
23$1,952,222$678,279$56,614$1,217,328
24$2,030,311$707,172$58,879$1,264,260
25$2,111,523$737,221$61,234$1,313,068
26$2,195,984$768,471$63,684$1,363,829
27$2,283,824$800,972$66,231$1,416,621
28$2,375,177$834,773$68,880$1,471,524
29$2,470,184$869,925$71,635$1,528,623
30$2,568,991$906,484$74,501$1,588,006
Total$46,200,000$15,772,717$1,339,799$29,087,482

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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.