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North Dakota Powerball Jackpot Annuity Payout Schedule for Jun 3, 2015

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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 $188,900,000 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, Jun 3, 2015
Jackpot:$188,900,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,368,106$1,202,156$97,675$2,068,274
2$3,502,830$1,252,004$101,582$2,149,244
3$3,642,943$1,303,846$105,645$2,233,452
4$3,788,661$1,357,762$109,871$2,321,028
5$3,940,207$1,413,834$114,266$2,412,107
6$4,097,816$1,472,149$118,837$2,506,830
7$4,261,728$1,532,797$123,590$2,605,341
8$4,432,197$1,595,870$128,534$2,707,793
9$4,609,485$1,661,467$133,675$2,814,343
10$4,793,865$1,729,687$139,022$2,925,155
11$4,985,619$1,800,636$144,583$3,040,400
12$5,185,044$1,874,424$150,366$3,160,254
13$5,392,446$1,951,162$156,381$3,284,903
14$5,608,144$2,030,970$162,636$3,414,537
15$5,832,469$2,113,971$169,142$3,549,357
16$6,065,768$2,200,291$175,907$3,689,569
17$6,308,399$2,290,065$182,944$3,835,390
18$6,560,735$2,383,429$190,261$3,987,044
19$6,823,164$2,480,528$197,872$4,144,764
20$7,096,091$2,581,511$205,787$4,308,793
21$7,379,934$2,686,533$214,018$4,479,383
22$7,675,132$2,795,756$222,579$4,656,797
23$7,982,137$2,909,348$231,482$4,841,307
24$8,301,423$3,027,484$240,741$5,033,198
25$8,633,479$3,150,345$250,371$5,232,764
26$8,978,819$3,278,120$260,386$5,440,313
27$9,337,971$3,411,007$270,801$5,656,164
28$9,711,490$3,549,209$281,633$5,880,648
29$10,099,950$3,692,939$292,899$6,114,113
30$10,503,948$3,842,418$304,614$6,356,915
Total$188,900,000$68,571,718$5,478,100$114,850,180

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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.