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North Dakota Powerball Jackpot Annuity Payout Schedule for Nov 4, 2009

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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 $67,700,000 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, Nov 4, 2009
Jackpot:$67,700,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,207,098$402,583$35,006$769,508
2$1,255,382$420,448$36,406$798,527
3$1,305,597$439,028$37,862$828,706
4$1,357,821$458,351$39,377$860,093
5$1,412,134$478,447$40,952$892,735
6$1,468,619$499,346$42,590$926,683
7$1,527,364$521,082$44,294$961,988
8$1,588,458$543,687$46,065$998,706
9$1,651,997$567,196$47,908$1,036,893
10$1,718,076$591,646$49,824$1,076,607
11$1,786,799$617,073$51,817$1,117,909
12$1,858,271$643,518$53,890$1,160,864
13$1,932,602$671,020$56,045$1,205,537
14$2,009,906$699,623$58,287$1,251,997
15$2,090,303$729,369$60,619$1,300,315
16$2,173,915$760,306$63,044$1,350,566
17$2,260,871$792,480$65,565$1,402,826
18$2,351,306$825,941$68,188$1,457,178
19$2,445,358$860,740$70,915$1,513,703
20$2,543,173$896,931$73,752$1,572,490
21$2,644,900$934,570$76,702$1,633,627
22$2,750,696$973,715$79,770$1,697,211
23$2,860,724$1,014,425$82,961$1,763,338
24$2,975,152$1,056,764$86,279$1,832,109
25$3,094,159$1,100,796$89,731$1,903,632
26$3,217,925$1,146,589$93,320$1,978,016
27$3,346,642$1,194,215$97,053$2,055,375
28$3,480,508$1,243,745$100,935$2,135,828
29$3,619,728$1,295,257$104,972$2,219,499
30$3,764,517$1,348,829$109,171$2,306,517
Total$67,700,000$23,727,720$1,963,300$42,008,983

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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.