USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for May 1, 2021

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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 $131,300,000 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, May 1, 2021
Jackpot:$131,300,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,976,253$687,171$57,311$1,231,771
2$2,075,066$723,732$60,177$1,291,157
3$2,178,819$762,120$63,186$1,353,513
4$2,287,760$802,429$66,345$1,418,987
5$2,402,148$844,752$69,662$1,487,734
6$2,522,256$889,192$73,145$1,559,918
7$2,648,369$935,854$76,803$1,635,712
8$2,780,787$984,848$80,643$1,715,296
9$2,919,826$1,036,293$84,675$1,798,858
10$3,065,818$1,090,310$88,909$1,886,599
11$3,219,109$1,147,027$93,354$1,978,727
12$3,380,064$1,206,581$98,022$2,075,461
13$3,549,067$1,269,112$102,923$2,177,032
14$3,726,521$1,334,770$108,069$2,283,682
15$3,912,847$1,403,710$113,473$2,395,664
16$4,108,489$1,476,098$119,146$2,513,245
17$4,313,913$1,552,105$125,103$2,636,705
18$4,529,609$1,631,913$131,359$2,766,338
19$4,756,089$1,715,710$137,927$2,902,453
20$4,993,894$1,803,698$144,823$3,045,373
21$5,243,589$1,896,085$152,064$3,195,440
22$5,505,768$1,993,091$159,667$3,353,009
23$5,781,057$2,094,948$167,651$3,518,458
24$6,070,109$2,201,898$176,033$3,692,178
25$6,373,615$2,314,195$184,835$3,874,585
26$6,692,296$2,432,107$194,077$4,066,112
27$7,026,910$2,555,914$203,780$4,267,216
28$7,378,256$2,685,912$213,969$4,478,374
29$7,747,169$2,822,410$224,668$4,700,091
30$8,134,527$2,965,732$235,901$4,932,894
Total$131,300,000$47,259,717$3,807,700$80,232,582

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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.