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North Dakota Powerball Jackpot Annuity Payout Schedule for Oct 29, 2011

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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 $209,200,000 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, Oct 29, 2011
Jackpot:$209,200,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,730,057$1,337,141$108,172$2,284,744
2$3,879,259$1,392,346$112,499$2,374,414
3$4,034,429$1,449,759$116,998$2,467,672
4$4,195,807$1,509,469$121,678$2,564,659
5$4,363,639$1,571,567$126,546$2,665,527
6$4,538,184$1,636,148$131,607$2,770,429
7$4,719,712$1,703,314$136,872$2,879,527
8$4,908,500$1,773,165$142,347$2,992,988
9$5,104,840$1,845,811$148,040$3,110,989
10$5,309,034$1,921,363$153,962$3,233,709
11$5,521,395$1,999,936$160,120$3,361,338
12$5,742,251$2,081,653$166,525$3,494,073
13$5,971,941$2,166,638$173,186$3,632,116
14$6,210,819$2,255,023$180,114$3,775,682
15$6,459,251$2,346,943$187,318$3,924,990
16$6,717,621$2,442,540$194,811$4,080,270
17$6,986,326$2,541,961$202,603$4,241,762
18$7,265,779$2,645,359$210,708$4,409,713
19$7,556,411$2,752,892$219,136$4,584,382
20$7,858,667$2,864,727$227,901$4,766,039
21$8,173,014$2,981,035$237,017$4,954,961
22$8,499,934$3,101,996$246,498$5,151,440
23$8,839,932$3,227,795$256,358$5,355,779
24$9,193,529$3,358,626$266,612$5,568,291
25$9,561,270$3,494,690$277,277$5,789,303
26$9,943,721$3,636,197$288,368$6,019,156
27$10,341,470$3,783,364$299,903$6,258,203
28$10,755,128$3,936,418$311,899$6,506,812
29$11,185,334$4,095,594$324,375$6,765,365
30$11,632,747$4,261,137$337,350$7,034,261
Total$209,200,000$76,114,607$6,066,800$127,018,594

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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.