USA Mega

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

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $198,000,000 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, Apr 8, 2006
Jackpot:$198,000,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,530,360$1,262,190$102,380$2,165,789
2$3,671,574$1,314,440$106,476$2,250,659
3$3,818,437$1,368,779$110,735$2,338,923
4$3,971,174$1,425,292$115,164$2,430,719
5$4,130,021$1,484,065$119,771$2,526,186
6$4,295,222$1,545,189$124,561$2,625,471
7$4,467,031$1,608,759$129,544$2,728,728
8$4,645,712$1,674,871$134,726$2,836,116
9$4,831,541$1,743,627$140,115$2,947,799
10$5,024,803$1,815,134$145,719$3,063,949
11$5,225,795$1,889,501$151,548$3,184,745
12$5,434,826$1,966,843$157,610$3,310,373
13$5,652,220$2,047,278$163,914$3,441,027
14$5,878,308$2,130,931$170,471$3,576,906
15$6,113,441$2,217,930$177,290$3,718,221
16$6,357,978$2,308,409$184,381$3,865,188
17$6,612,297$2,402,507$191,757$4,018,033
18$6,876,789$2,500,369$199,427$4,176,993
19$7,151,861$2,602,146$207,404$4,342,311
20$7,437,935$2,707,993$215,700$4,514,242
21$7,735,453$2,818,075$224,328$4,693,050
22$8,044,871$2,932,559$233,301$4,879,010
23$8,366,666$3,051,624$242,633$5,072,409
24$8,701,332$3,175,450$252,339$5,273,543
25$9,049,386$3,304,230$262,432$5,482,723
26$9,411,361$3,438,161$272,929$5,700,271
27$9,787,815$3,577,449$283,847$5,926,520
28$10,179,328$3,722,309$295,201$6,161,819
29$10,586,501$3,872,963$307,009$6,406,530
30$11,009,961$4,029,643$319,289$6,661,029
Total$198,000,000$71,938,716$5,742,001$120,319,282

◄ 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.