USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Jun 10, 2017

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The tax information provided here is based on 2022 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 $447,800,000 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 prize money, as well as deductions claimed.

State:

North Dakota

Drawing Date:Sat, Jun 10, 2017
Jackpot:$447,800,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,740,033$2,456,767$195,461$4,087,805
2$7,077,034$2,581,458$205,234$4,290,343
3$7,430,886$2,712,383$215,496$4,503,007
4$7,802,430$2,849,854$226,270$4,726,306
5$8,192,552$2,994,199$237,584$4,960,769
6$8,602,179$3,145,761$249,463$5,206,955
7$9,032,289$3,304,902$261,936$5,465,450
8$9,483,903$3,471,999$275,033$5,736,871
9$9,958,098$3,647,451$288,785$6,021,862
10$10,456,003$3,831,676$303,224$6,321,103
11$10,978,803$4,025,112$318,385$6,635,306
12$11,527,743$4,228,220$334,305$6,965,219
13$12,104,130$4,441,483$351,020$7,311,627
14$12,709,337$4,665,410$368,571$7,675,356
15$13,344,804$4,900,532$386,999$8,057,272
16$14,012,044$5,147,411$406,349$8,458,283
17$14,712,646$5,406,634$426,667$8,879,345
18$15,448,278$5,678,818$448,000$9,321,460
19$16,220,692$5,964,611$470,400$9,785,681
20$17,031,727$6,264,694$493,920$10,273,113
21$17,883,313$6,579,781$518,616$10,784,916
22$18,777,479$6,910,622$544,547$11,322,310
23$19,716,353$7,258,006$571,774$11,886,573
24$20,702,170$7,622,758$600,363$12,479,049
25$21,737,279$8,005,748$630,381$13,101,149
26$22,824,143$8,407,888$661,900$13,754,355
27$23,965,350$8,830,135$694,995$14,440,220
28$25,163,617$9,273,493$729,745$15,160,379
29$26,421,798$9,739,020$766,232$15,916,546
30$27,742,888$10,227,824$804,544$16,710,521
Total$447,800,001$164,574,650$12,986,199$270,239,151

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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.