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North Dakota Powerball Jackpot Annuity Payout Schedule for Mar 16, 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 $217,700,000 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:Sat, Mar 16, 2013
Jackpot:$217,700,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,881,613$1,392,154$112,567$2,376,892
2$4,036,877$1,449,602$117,069$2,470,206
3$4,198,352$1,509,348$121,752$2,567,252
4$4,366,286$1,571,483$126,622$2,668,181
5$4,540,938$1,636,104$131,687$2,773,146
6$4,722,575$1,703,310$136,955$2,882,310
7$4,911,478$1,773,204$142,433$2,995,841
8$5,107,937$1,845,894$148,130$3,113,913
9$5,312,255$1,921,492$154,055$3,236,708
10$5,524,745$2,000,113$160,218$3,364,415
11$5,745,735$2,081,879$166,626$3,497,229
12$5,975,564$2,166,916$173,291$3,635,357
13$6,214,587$2,255,354$180,223$3,779,009
14$6,463,170$2,347,330$187,432$3,928,408
15$6,721,697$2,442,985$194,929$4,083,783
16$6,990,565$2,542,466$202,726$4,245,372
17$7,270,188$2,645,927$210,835$4,413,425
18$7,560,995$2,753,525$219,269$4,588,201
19$7,863,435$2,865,428$228,040$4,769,967
20$8,177,972$2,981,807$237,161$4,959,004
21$8,505,091$3,102,841$246,648$5,155,603
22$8,845,295$3,228,716$256,514$5,360,065
23$9,199,107$3,359,627$266,774$5,572,706
24$9,567,071$3,495,773$277,445$5,793,852
25$9,949,754$3,637,366$288,543$6,023,845
26$10,347,744$3,784,622$300,085$6,263,037
27$10,761,654$3,937,769$312,088$6,511,797
28$11,192,120$4,097,042$324,571$6,770,507
29$11,639,805$4,262,685$337,554$7,039,565
30$12,105,397$4,434,954$351,057$7,319,386
Total$217,700,000$79,227,716$6,313,299$132,158,982

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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.