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North Dakota Powerball Jackpot Annuity Payout Schedule for Jan 6, 2018

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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 $559,700,000 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, Jan 6, 2018
Jackpot:$559,700,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$8,424,288$3,072,944$244,304$5,107,040
2$8,845,503$3,228,793$256,520$5,360,190
3$9,287,778$3,392,435$269,346$5,625,997
4$9,752,167$3,564,259$282,813$5,905,095
5$10,239,775$3,744,674$296,953$6,198,147
6$10,751,764$3,934,110$311,801$6,505,853
7$11,289,352$4,133,018$327,391$6,828,943
8$11,853,820$4,341,871$343,761$7,168,188
9$12,446,511$4,561,166$360,949$7,524,396
10$13,068,836$4,791,427$378,996$7,898,413
11$13,722,278$5,033,200$397,946$8,291,132
12$14,408,392$5,287,062$417,843$8,703,486
13$15,128,811$5,553,617$438,736$9,136,458
14$15,885,252$5,833,501$460,672$9,591,079
15$16,679,514$6,127,378$483,706$10,068,431
16$17,513,490$6,435,949$507,891$10,569,650
17$18,389,165$6,759,948$533,286$11,095,931
18$19,308,623$7,100,148$559,950$11,648,525
19$20,274,054$7,457,357$587,948$12,228,749
20$21,287,757$7,832,427$617,345$12,837,985
21$22,352,144$8,226,251$648,212$13,477,682
22$23,469,752$8,639,765$680,623$14,149,364
23$24,643,240$9,073,956$714,654$14,854,630
24$25,875,401$9,529,856$750,387$15,595,159
25$27,169,171$10,008,551$787,906$16,372,715
26$28,527,630$10,511,180$827,301$17,189,149
27$29,954,012$11,038,942$868,666$18,046,404
28$31,451,712$11,593,091$912,100$18,946,522
29$33,024,298$12,174,947$957,705$19,891,646
30$34,675,513$12,785,897$1,005,590$20,884,026
Total$559,700,001$205,767,720$16,231,301$337,700,985

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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.