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North Dakota Powerball Jackpot Annuity Payout Schedule for Mar 22, 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 $101,300,000 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, Mar 22, 2006
Jackpot:$101,300,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,806,189$624,247$52,379$1,129,562
2$1,878,437$650,979$54,475$1,172,983
3$1,953,574$678,780$56,654$1,218,141
4$2,031,717$707,693$58,920$1,265,105
5$2,112,986$737,762$61,277$1,313,947
6$2,197,505$769,034$63,728$1,364,743
7$2,285,405$801,557$66,277$1,417,571
8$2,376,822$835,381$68,928$1,472,513
9$2,471,894$870,558$71,685$1,529,651
10$2,570,770$907,142$74,552$1,589,076
11$2,673,601$945,190$77,534$1,650,877
12$2,780,545$984,759$80,636$1,715,150
13$2,891,767$1,025,911$83,861$1,781,995
14$3,007,438$1,068,709$87,216$1,851,513
15$3,127,735$1,113,219$90,704$1,923,811
16$3,252,844$1,159,510$94,332$1,999,002
17$3,382,958$1,207,652$98,106$2,077,201
18$3,518,277$1,257,720$102,030$2,158,527
19$3,659,008$1,309,790$106,111$2,243,106
20$3,805,368$1,363,943$110,356$2,331,069
21$3,957,583$1,420,263$114,770$2,422,550
22$4,115,886$1,478,835$119,361$2,517,690
23$4,280,521$1,539,750$124,135$2,616,636
24$4,451,742$1,603,102$129,101$2,719,540
25$4,629,812$1,668,988$134,265$2,826,560
26$4,815,004$1,737,509$139,635$2,937,860
27$5,007,605$1,808,771$145,221$3,053,613
28$5,207,909$1,882,883$151,029$3,173,996
29$5,416,225$1,959,961$157,071$3,299,194
30$5,632,874$2,040,121$163,353$3,429,400
Total$101,300,000$36,159,719$2,937,702$62,202,582

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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.