USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Jul 9, 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 $36,100,000 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, Jul 9, 2011
Jackpot:$36,100,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$643,667$194,114$18,666$430,886
2$669,413$203,640$19,413$446,360
3$696,190$213,547$20,190$462,453
4$724,037$223,851$20,997$479,189
5$752,999$234,567$21,837$496,595
6$783,119$245,711$22,710$514,697
7$814,444$257,301$23,619$533,523
8$847,021$269,355$24,564$553,103
9$880,902$281,891$25,546$573,465
10$916,138$294,928$26,568$594,642
11$952,784$308,487$27,631$616,666
12$990,895$322,588$28,736$639,571
13$1,030,531$337,254$29,885$663,392
14$1,071,752$352,506$31,081$688,166
15$1,114,622$368,367$32,324$713,931
16$1,159,207$384,864$33,617$740,726
17$1,205,575$402,020$34,962$768,594
18$1,253,798$419,863$36,360$797,576
19$1,303,950$438,419$37,815$827,717
20$1,356,108$457,717$39,327$859,064
21$1,410,353$477,788$40,900$891,665
22$1,466,767$498,661$42,536$925,570
23$1,525,438$520,369$44,238$960,831
24$1,586,455$542,946$46,007$997,502
25$1,649,913$566,425$47,847$1,035,641
26$1,715,910$590,844$49,761$1,075,305
27$1,784,546$616,239$51,752$1,116,555
28$1,855,928$642,651$53,822$1,159,455
29$1,930,165$670,118$55,975$1,204,072
30$2,007,372$698,685$58,214$1,250,473
Total$36,100,000$12,035,716$1,046,900$23,017,385

◄ 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.