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North Dakota Powerball Jackpot Annuity Payout Schedule for Feb 8, 2006

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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 $213,000,000 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:Wed, Feb 8, 2006
Jackpot:$213,000,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,797,811$1,361,147$110,137$2,326,527
2$3,949,724$1,417,355$114,542$2,417,827
3$4,107,713$1,475,811$119,124$2,512,778
4$4,272,021$1,536,605$123,889$2,611,527
5$4,442,902$1,599,831$128,844$2,714,227
6$4,620,618$1,665,586$133,998$2,821,034
7$4,805,443$1,733,971$139,358$2,932,114
8$4,997,660$1,805,092$144,932$3,047,637
9$5,197,567$1,879,057$150,729$3,167,780
10$5,405,469$1,955,981$156,759$3,292,730
11$5,621,688$2,035,982$163,029$3,422,677
12$5,846,556$2,119,183$169,550$3,557,823
13$6,080,418$2,205,712$176,332$3,698,374
14$6,323,635$2,295,702$183,385$3,844,547
15$6,576,580$2,389,292$190,721$3,996,567
16$6,839,643$2,486,625$198,350$4,154,668
17$7,113,229$2,587,852$206,284$4,319,093
18$7,397,758$2,693,128$214,535$4,490,095
19$7,693,668$2,802,615$223,116$4,667,938
20$8,001,415$2,916,481$232,041$4,852,893
21$8,321,472$3,034,902$241,323$5,045,247
22$8,654,331$3,158,060$250,976$5,245,296
23$9,000,504$3,286,144$261,015$5,453,346
24$9,360,524$3,419,351$271,455$5,669,718
25$9,734,945$3,557,887$282,313$5,894,745
26$10,124,343$3,701,964$293,606$6,128,773
27$10,529,317$3,851,804$305,350$6,372,162
28$10,950,489$4,007,638$317,564$6,625,287
29$11,388,509$4,169,706$330,267$6,888,537
30$11,844,049$4,338,255$343,477$7,162,316
Total$213,000,000$77,488,719$6,177,001$129,334,283

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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.