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North Dakota Powerball Jackpot Annuity Payout Schedule for Jun 7, 2017

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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 $380,600,000 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 7, 2017
Jackpot:$380,600,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,728,576$2,075,530$166,129$3,486,917
2$6,015,005$2,181,509$174,435$3,659,061
3$6,315,755$2,292,787$183,157$3,839,812
4$6,631,543$2,409,628$192,315$4,029,600
5$6,963,120$2,532,312$201,930$4,228,878
6$7,311,276$2,661,129$212,027$4,438,120
7$7,676,840$2,796,388$222,628$4,657,824
8$8,060,682$2,938,410$233,760$4,888,513
9$8,463,716$3,087,532$245,448$5,130,736
10$8,886,902$3,244,111$257,720$5,385,071
11$9,331,247$3,408,519$270,606$5,652,122
12$9,797,809$3,581,147$284,136$5,932,526
13$10,287,700$3,762,406$298,343$6,226,950
14$10,802,085$3,952,729$313,260$6,536,096
15$11,342,189$4,152,567$328,923$6,860,698
16$11,909,299$4,362,398$345,370$7,201,531
17$12,504,763$4,582,720$362,638$7,559,406
18$13,130,002$4,814,058$380,770$7,935,174
19$13,786,502$5,056,963$399,809$8,329,730
20$14,475,827$5,312,013$419,799$8,744,015
21$15,199,618$5,579,816$440,789$9,179,013
22$15,959,599$5,861,009$462,828$9,635,762
23$16,757,579$6,156,261$485,970$10,115,348
24$17,595,458$6,466,277$510,268$10,618,913
25$18,475,231$6,791,793$535,782$11,147,656
26$19,398,992$7,133,584$562,571$11,702,837
27$20,368,942$7,492,466$590,699$12,285,777
28$21,387,389$7,869,291$620,234$12,897,863
29$22,456,758$8,264,958$651,246$13,540,555
30$23,579,596$8,680,408$683,808$14,215,380
Total$380,600,001$139,500,719$11,037,398$230,061,884

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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.