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North Dakota Powerball Jackpot Annuity Payout Schedule for Jul 31, 2010

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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 $85,700,000 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:Sat, Jul 31, 2010
Jackpot:$85,700,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,528,039$521,332$44,313$962,394
2$1,589,161$543,947$46,086$999,129
3$1,652,728$567,466$47,929$1,037,332
4$1,718,837$591,927$49,846$1,077,064
5$1,787,590$617,366$51,840$1,118,384
6$1,859,094$643,822$53,914$1,161,358
7$1,933,457$671,337$56,070$1,206,051
8$2,010,796$699,952$58,313$1,252,531
9$2,091,228$729,711$60,646$1,300,871
10$2,174,877$760,662$63,071$1,351,144
11$2,261,872$792,850$65,594$1,403,428
12$2,352,347$826,325$68,218$1,457,803
13$2,446,440$861,140$70,947$1,514,353
14$2,544,298$897,348$73,785$1,573,166
15$2,646,070$935,003$76,736$1,634,331
16$2,751,913$974,165$79,805$1,697,942
17$2,861,989$1,014,893$82,998$1,764,098
18$2,976,469$1,057,251$86,318$1,832,901
19$3,095,528$1,101,302$89,770$1,904,455
20$3,219,349$1,147,116$93,361$1,978,871
21$3,348,123$1,194,763$97,096$2,056,264
22$3,482,048$1,244,315$100,979$2,136,753
23$3,621,330$1,295,849$105,019$2,220,462
24$3,766,183$1,349,445$109,219$2,307,519
25$3,916,830$1,405,184$113,588$2,398,058
26$4,073,503$1,463,153$118,132$2,492,218
27$4,236,443$1,523,441$122,857$2,590,145
28$4,405,901$1,586,141$127,771$2,691,989
29$4,582,137$1,651,348$132,882$2,797,907
30$4,765,423$1,719,164$138,197$2,908,062
Total$85,700,000$30,387,718$2,485,300$52,826,983

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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.