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North Dakota Powerball Jackpot Annuity Payout Schedule for Feb 23, 2011

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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 $154,800,000 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, Feb 23, 2011
Jackpot:$154,800,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,760,099$977,194$80,043$1,702,862
2$2,870,503$1,018,043$83,245$1,769,215
3$2,985,323$1,060,527$86,574$1,838,222
4$3,104,736$1,104,710$90,037$1,909,989
5$3,228,926$1,150,660$93,639$1,984,627
6$3,358,083$1,198,448$97,384$2,062,251
7$3,492,406$1,248,148$101,280$2,142,979
8$3,632,102$1,299,835$105,331$2,226,936
9$3,777,387$1,353,590$109,544$2,314,252
10$3,928,482$1,409,496$113,926$2,405,060
11$4,085,621$1,467,637$118,483$2,499,501
12$4,249,046$1,528,104$123,222$2,597,719
13$4,419,008$1,590,990$128,151$2,699,867
14$4,595,768$1,656,392$133,277$2,806,099
15$4,779,599$1,724,409$138,608$2,916,582
16$4,970,783$1,795,147$144,153$3,031,483
17$5,169,614$1,868,715$149,919$3,150,981
18$5,376,399$1,945,225$155,916$3,275,258
19$5,591,455$2,024,796$162,152$3,404,507
20$5,815,113$2,107,549$168,638$3,538,926
21$6,047,718$2,193,613$175,384$3,678,721
22$6,289,626$2,283,119$182,399$3,824,108
23$6,541,211$2,376,205$189,695$3,975,311
24$6,802,860$2,473,015$197,283$4,132,561
25$7,074,974$2,573,698$205,174$4,296,102
26$7,357,973$2,678,407$213,381$4,466,185
27$7,652,292$2,787,305$221,916$4,643,070
28$7,958,384$2,900,559$230,793$4,827,031
29$8,276,719$3,018,343$240,025$5,018,351
30$8,607,788$3,140,839$249,626$5,217,323
Total$154,800,000$55,954,718$4,489,198$94,356,079

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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.