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North Dakota Powerball Jackpot Annuity Payout Schedule for Oct 8, 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 $74,100,000 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, Oct 8, 2011
Jackpot:$74,100,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,321,210$445,868$38,315$837,027
2$1,374,059$465,422$39,848$868,789
3$1,429,021$485,758$41,442$901,821
4$1,486,182$506,908$43,099$936,175
5$1,545,629$528,903$44,823$971,903
6$1,607,454$551,778$46,616$1,009,060
7$1,671,753$575,569$48,481$1,047,703
8$1,738,623$600,311$50,420$1,087,892
9$1,808,168$626,042$52,437$1,129,688
10$1,880,494$652,803$54,534$1,173,157
11$1,955,714$680,634$56,716$1,218,364
12$2,033,943$709,579$58,984$1,265,379
13$2,115,300$739,681$61,344$1,314,275
14$2,199,912$770,988$63,797$1,365,127
15$2,287,909$803,547$66,349$1,418,013
16$2,379,425$837,408$69,003$1,473,014
17$2,474,602$872,623$71,763$1,530,216
18$2,573,586$909,247$74,634$1,589,705
19$2,676,530$947,336$77,619$1,651,574
20$2,783,591$986,949$80,724$1,715,918
21$2,894,935$1,028,146$83,953$1,782,835
22$3,010,732$1,070,991$87,311$1,852,430
23$3,131,161$1,115,550$90,804$1,924,808
24$3,256,408$1,161,891$94,436$2,000,081
25$3,386,664$1,210,086$98,213$2,078,365
26$3,522,131$1,260,209$102,142$2,159,780
27$3,663,016$1,312,336$106,227$2,244,452
28$3,809,536$1,366,549$110,477$2,332,511
29$3,961,918$1,422,930$114,896$2,424,092
30$4,120,395$1,481,566$119,491$2,519,337
Total$74,100,000$26,127,608$2,148,898$45,823,491

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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.