USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Apr 6, 2011

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $221,700,000 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:Wed, Apr 6, 2011
Jackpot:$221,700,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,952,933$1,418,542$114,635$2,419,755
2$4,111,050$1,477,046$119,220$2,514,784
3$4,275,492$1,537,889$123,989$2,613,614
4$4,446,512$1,601,167$128,949$2,716,396
5$4,624,372$1,666,975$134,107$2,823,291
6$4,809,347$1,735,416$139,471$2,934,461
7$5,001,721$1,806,594$145,050$3,050,077
8$5,201,790$1,880,620$150,852$3,170,319
9$5,409,862$1,957,606$156,886$3,295,370
10$5,626,256$2,037,672$163,161$3,425,423
11$5,851,306$2,120,941$169,688$3,560,678
12$6,085,359$2,207,540$176,475$3,701,343
13$6,328,773$2,297,603$183,534$3,847,635
14$6,581,924$2,391,269$190,876$3,999,779
15$6,845,201$2,488,682$198,511$4,158,009
16$7,119,009$2,589,991$206,451$4,322,567
17$7,403,769$2,695,352$214,709$4,493,708
18$7,699,920$2,804,928$223,298$4,671,695
19$8,007,917$2,918,887$232,230$4,856,801
20$8,328,234$3,037,404$241,519$5,049,311
21$8,661,363$3,160,662$251,180$5,249,522
22$9,007,817$3,288,850$261,227$5,457,741
23$9,368,130$3,422,165$271,676$5,674,289
24$9,742,855$3,560,814$282,543$5,899,499
25$10,132,570$3,705,008$293,845$6,133,717
26$10,537,872$3,854,970$305,598$6,377,304
27$10,959,387$4,010,931$317,822$6,630,634
28$11,397,763$4,173,129$330,535$6,894,098
29$11,853,673$4,341,816$343,757$7,168,100
30$12,327,820$4,517,251$357,507$7,453,063
Total$221,700,000$80,707,720$6,429,301$134,562,983

◄ Back to Jackpot Analysis

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.