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North Dakota Powerball Jackpot Annuity Payout Schedule for Nov 2, 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 $254,200,000 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:Wed, Nov 2, 2011
Jackpot:$254,200,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,532,411$1,634,012$131,440$2,766,959
2$4,713,708$1,701,092$136,698$2,875,918
3$4,902,256$1,770,855$142,165$2,989,236
4$5,098,346$1,843,408$147,852$3,107,086
5$5,302,280$1,918,864$153,766$3,229,650
6$5,514,371$1,997,338$159,917$3,357,117
7$5,734,946$2,078,950$166,313$3,489,682
8$5,964,344$2,163,828$172,966$3,627,550
9$6,202,918$2,252,100$179,885$3,770,933
10$6,451,034$2,343,903$187,080$3,920,051
11$6,709,076$2,439,378$194,563$4,075,134
12$6,977,439$2,538,673$202,346$4,236,420
13$7,256,536$2,641,939$210,440$4,404,158
14$7,546,798$2,749,335$218,857$4,578,605
15$7,848,670$2,861,028$227,611$4,760,030
16$8,162,617$2,977,188$236,716$4,948,712
17$8,489,121$3,097,995$246,185$5,144,942
18$8,828,686$3,223,634$256,032$5,349,020
19$9,181,833$3,354,299$266,273$5,561,262
20$9,549,107$3,490,190$276,924$5,781,993
21$9,931,071$3,631,517$288,001$6,011,553
22$10,328,314$3,778,496$299,521$6,250,296
23$10,741,446$3,931,355$311,502$6,498,589
24$11,171,104$4,090,329$323,962$6,756,813
25$11,617,949$4,255,661$336,921$7,025,367
26$12,082,666$4,427,607$350,397$7,304,662
27$12,565,973$4,606,430$364,413$7,595,130
28$13,068,612$4,792,407$378,990$7,897,216
29$13,591,357$4,985,822$394,149$8,211,385
30$14,135,011$5,186,974$409,915$8,538,121
Total$254,200,000$92,764,607$7,371,800$154,063,590

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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.