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North Dakota Powerball Jackpot Annuity Payout Schedule for Jan 29, 2014

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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 $170,200,000 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, Jan 29, 2014
Jackpot:$170,200,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,034,683$1,078,790$88,006$1,867,887
2$3,156,070$1,123,703$91,526$1,940,841
3$3,282,313$1,170,413$95,187$2,016,713
4$3,413,606$1,218,991$98,995$2,095,620
5$3,550,150$1,269,513$102,954$2,177,683
6$3,692,156$1,322,055$107,073$2,263,028
7$3,839,842$1,376,699$111,355$2,351,788
8$3,993,436$1,433,528$115,810$2,444,098
9$4,153,173$1,492,631$120,442$2,540,100
10$4,319,300$1,554,098$125,260$2,639,942
11$4,492,072$1,618,024$130,270$2,743,778
12$4,671,755$1,684,507$135,481$2,851,767
13$4,858,625$1,753,649$140,900$2,964,076
14$5,052,970$1,825,556$146,536$3,080,878
15$5,255,089$1,900,340$152,398$3,202,351
16$5,465,292$1,978,115$158,493$3,328,683
17$5,683,904$2,059,002$164,833$3,460,069
18$5,911,260$2,143,124$171,427$3,596,710
19$6,147,711$2,230,610$178,284$3,738,817
20$6,393,619$2,321,596$185,415$3,886,608
21$6,649,364$2,416,222$192,832$4,040,310
22$6,915,338$2,514,632$200,545$4,200,161
23$7,191,952$2,616,979$208,567$4,366,406
24$7,479,630$2,723,420$216,909$4,539,300
25$7,778,815$2,834,119$225,586$4,719,111
26$8,089,968$2,949,245$234,609$4,906,113
27$8,413,567$3,068,977$243,993$5,100,596
28$8,750,109$3,193,498$253,753$5,302,858
29$9,100,114$3,322,999$263,903$5,513,211
30$9,464,118$3,457,681$274,459$5,731,978
Total$170,200,000$61,652,716$4,935,801$103,611,481

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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.