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North Dakota Powerball Jackpot Annuity Payout Schedule for Nov 10, 2007

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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 $84,100,000 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, Nov 10, 2007
Jackpot:$84,100,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,499,511$511,839$43,486$944,186
2$1,559,492$534,032$45,225$980,234
3$1,621,871$557,113$47,034$1,017,724
4$1,686,746$581,116$48,916$1,056,714
5$1,754,216$606,080$50,872$1,097,264
6$1,824,385$632,043$52,907$1,139,435
7$1,897,360$659,044$55,023$1,183,293
8$1,973,255$687,124$57,224$1,228,906
9$2,052,185$716,329$59,513$1,276,343
10$2,134,272$746,701$61,894$1,325,677
11$2,219,643$778,288$64,370$1,376,985
12$2,308,429$811,139$66,944$1,430,345
13$2,400,766$845,304$69,622$1,485,840
14$2,496,797$880,835$72,407$1,543,555
15$2,596,668$917,788$75,303$1,603,577
16$2,700,535$956,218$78,316$1,666,001
17$2,808,557$996,186$81,448$1,730,922
18$2,920,899$1,037,753$84,706$1,798,440
19$3,037,735$1,080,982$88,094$1,868,658
20$3,159,244$1,125,941$91,618$1,941,686
21$3,285,614$1,172,697$95,283$2,017,634
22$3,417,039$1,221,325$99,094$2,096,620
23$3,553,720$1,271,897$103,058$2,178,766
24$3,695,869$1,324,492$107,180$2,264,197
25$3,843,704$1,379,191$111,467$2,353,046
26$3,997,452$1,436,077$115,926$2,445,448
27$4,157,350$1,495,240$120,563$2,541,547
28$4,323,644$1,556,768$125,386$2,641,490
29$4,496,590$1,620,758$130,401$2,745,430
30$4,676,453$1,687,308$135,617$2,853,528
Total$84,100,000$29,827,608$2,438,897$51,833,491

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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.