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North Dakota Powerball Jackpot Annuity Payout Schedule for Nov 9, 2013

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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 $88,000,000 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, Nov 9, 2013
Jackpot:$88,000,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,569,049$536,505$45,502$987,041
2$1,631,811$559,727$47,323$1,024,761
3$1,697,083$583,878$49,215$1,063,990
4$1,764,966$608,995$51,184$1,104,788
5$1,835,565$635,116$53,231$1,147,217
6$1,908,988$662,283$55,361$1,191,344
7$1,985,347$690,536$57,575$1,237,236
8$2,064,761$719,919$59,878$1,284,964
9$2,147,352$750,477$62,273$1,334,601
10$2,233,246$782,258$64,764$1,386,223
11$2,322,575$815,310$67,355$1,439,911
12$2,415,478$849,684$70,049$1,495,745
13$2,512,098$885,433$72,851$1,553,813
14$2,612,581$922,612$75,765$1,614,204
15$2,717,085$961,279$78,795$1,677,011
16$2,825,768$1,001,491$81,947$1,742,329
17$2,938,799$1,043,313$85,225$1,810,261
18$3,056,351$1,086,807$88,634$1,880,910
19$3,178,605$1,132,041$92,180$1,954,384
20$3,305,749$1,179,084$95,867$2,030,798
21$3,437,979$1,228,009$99,701$2,110,268
22$3,575,498$1,278,892$103,689$2,192,917
23$3,718,518$1,331,809$107,837$2,278,872
24$3,867,259$1,386,843$112,151$2,368,265
25$4,021,949$1,444,078$116,637$2,461,234
26$4,182,827$1,503,603$121,302$2,557,922
27$4,350,140$1,565,509$126,154$2,658,477
28$4,524,146$1,629,891$131,200$2,763,054
29$4,705,112$1,696,849$136,448$2,871,815
30$4,893,316$1,766,484$141,906$2,984,926
Total$88,000,000$31,238,715$2,551,999$54,209,281

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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.