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North Dakota Powerball Jackpot Annuity Payout Schedule for Jun 1, 2019

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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 $344,600,000 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:Sat, Jun 1, 2019
Jackpot:$344,600,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,186,725$1,875,045$150,415$3,161,264
2$5,446,061$1,971,000$157,936$3,317,125
3$5,718,364$2,071,752$165,833$3,480,779
4$6,004,282$2,177,542$174,124$3,652,616
5$6,304,496$2,288,621$182,830$3,833,045
6$6,619,721$2,405,254$191,972$4,022,495
7$6,950,707$2,527,719$201,571$4,221,418
8$7,298,242$2,656,307$211,649$4,430,286
9$7,663,154$2,791,324$222,231$4,649,599
10$8,046,312$2,933,093$233,343$4,879,876
11$8,448,628$3,081,950$245,010$5,121,668
12$8,871,059$3,238,249$257,261$5,375,549
13$9,314,612$3,402,364$270,124$5,642,125
14$9,780,343$3,574,684$283,630$5,922,029
15$10,269,360$3,755,620$297,811$6,215,928
16$10,782,828$3,945,604$312,702$6,524,522
17$11,321,969$4,145,086$328,337$6,848,546
18$11,888,068$4,354,542$344,754$7,188,771
19$12,482,471$4,574,472$361,992$7,546,008
20$13,106,595$4,805,397$380,091$7,921,106
21$13,761,924$5,047,869$399,096$8,314,959
22$14,450,020$5,302,465$419,051$8,728,505
23$15,172,522$5,569,790$440,003$9,162,728
24$15,931,147$5,850,482$462,003$9,618,662
25$16,727,705$6,145,208$485,103$10,097,393
26$17,564,090$6,454,671$509,359$10,600,061
27$18,442,295$6,779,606$534,827$11,127,862
28$19,364,409$7,120,789$561,568$11,682,053
29$20,332,630$7,479,030$589,646$12,263,953
30$21,349,262$7,855,184$619,129$12,874,949
Total$344,600,001$126,180,719$9,993,401$208,425,880

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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.