USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Feb 4, 2012

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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 $210,300,000 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, Feb 4, 2012
Jackpot:$210,300,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,749,670$1,343,335$108,740$2,297,594
2$3,899,657$1,398,830$113,090$2,387,736
3$4,055,643$1,456,545$117,614$2,481,484
4$4,217,869$1,516,569$122,318$2,578,982
5$4,386,583$1,578,993$127,211$2,680,379
6$4,562,047$1,643,915$132,299$2,785,833
7$4,744,529$1,711,433$137,591$2,895,504
8$4,934,310$1,781,652$143,095$3,009,563
9$5,131,682$1,854,680$148,819$3,128,184
10$5,336,949$1,930,629$154,772$3,251,549
11$5,550,427$2,009,615$160,962$3,379,850
12$5,772,444$2,091,762$167,401$3,513,282
13$6,003,342$2,177,194$174,097$3,652,051
14$6,243,476$2,266,043$181,061$3,796,372
15$6,493,215$2,358,447$188,303$3,946,465
16$6,752,944$2,454,546$195,835$4,102,562
17$7,023,061$2,554,490$203,669$4,264,903
18$7,303,984$2,658,431$211,816$4,433,737
19$7,596,143$2,766,530$220,288$4,609,325
20$7,899,989$2,878,953$229,100$4,791,936
21$8,215,988$2,995,873$238,264$4,981,852
22$8,544,628$3,117,470$247,794$5,179,364
23$8,886,413$3,243,930$257,706$5,384,777
24$9,241,870$3,375,449$268,014$5,598,406
25$9,611,544$3,512,229$278,735$5,820,581
26$9,996,006$3,654,480$289,884$6,051,642
27$10,395,846$3,802,420$301,480$6,291,946
28$10,811,680$3,956,279$313,539$6,541,863
29$11,244,147$4,116,292$326,080$6,801,775
30$11,693,913$4,282,705$339,123$7,072,085
Total$210,300,000$76,489,719$6,098,700$127,711,582

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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.