USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Aug 19, 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 $541,900,000 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:Sat, Aug 19, 2017
Jackpot:$541,900,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,156,373$2,973,815$236,535$4,946,023
2$8,564,191$3,124,708$248,362$5,191,122
3$8,992,401$3,283,146$260,780$5,448,476
4$9,442,021$3,449,505$273,819$5,718,697
5$9,914,122$3,624,182$287,510$6,002,430
6$10,409,828$3,807,594$301,885$6,300,349
7$10,930,320$4,000,176$316,979$6,613,165
8$11,476,836$4,202,386$332,828$6,941,621
9$12,050,677$4,414,708$349,470$7,286,500
10$12,653,211$4,637,645$366,943$7,648,623
11$13,285,872$4,871,730$385,290$8,028,852
12$13,950,165$5,117,518$404,555$8,428,092
13$14,647,674$5,375,596$424,783$8,847,295
14$15,380,057$5,646,578$446,022$9,287,457
15$16,149,060$5,931,109$468,323$9,749,628
16$16,956,513$6,229,867$491,739$10,234,907
17$17,804,339$6,543,563$516,326$10,744,450
18$18,694,556$6,872,943$542,142$11,279,471
19$19,629,283$7,218,792$569,249$11,841,242
20$20,610,748$7,581,934$597,712$12,431,102
21$21,641,285$7,963,233$627,597$13,050,455
22$22,723,349$8,363,596$658,977$13,700,776
23$23,859,517$8,783,978$691,926$14,383,612
24$25,052,492$9,225,379$726,522$15,100,591
25$26,305,117$9,688,850$762,848$15,853,418
26$27,620,373$10,175,495$800,991$16,643,887
27$29,001,392$10,686,472$841,040$17,473,879
28$30,451,461$11,222,998$883,092$18,345,371
29$31,974,034$11,786,350$927,247$19,260,437
30$33,572,736$12,377,870$973,609$20,221,257
Total$541,900,001$199,181,716$15,715,101$327,003,185

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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.