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North Dakota Powerball Jackpot Annuity Payout Schedule for Jun 2, 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 $268,400,000 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 2, 2021
Jackpot:$268,400,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,039,805$1,450,685$117,154$2,471,966
2$4,241,795$1,525,422$123,012$2,593,362
3$4,453,885$1,603,895$129,163$2,720,828
4$4,676,580$1,686,292$135,621$2,854,667
5$4,910,408$1,772,808$142,402$2,995,198
6$5,155,929$1,863,651$149,522$3,142,756
7$5,413,725$1,959,036$156,998$3,297,692
8$5,684,412$2,059,190$164,848$3,460,374
9$5,968,632$2,164,351$173,090$3,631,191
10$6,267,064$2,274,771$181,745$3,810,548
11$6,580,417$2,390,712$190,832$3,998,873
12$6,909,438$2,512,449$200,374$4,196,615
13$7,254,910$2,640,274$210,392$4,404,243
14$7,617,655$2,774,490$220,912$4,622,254
15$7,998,538$2,915,416$231,958$4,851,164
16$8,398,465$3,063,389$243,555$5,091,520
17$8,818,388$3,218,761$255,733$5,343,894
18$9,259,307$3,381,901$268,520$5,608,887
19$9,722,273$3,553,198$281,946$5,887,129
20$10,208,387$3,733,060$296,043$6,179,283
21$10,718,806$3,921,915$310,845$6,486,045
22$11,254,746$4,120,213$326,388$6,808,145
23$11,817,483$4,328,426$342,707$7,146,350
24$12,408,357$4,547,050$359,842$7,501,466
25$13,028,775$4,776,604$377,834$7,874,337
26$13,680,214$5,017,637$396,726$8,265,852
27$14,364,225$5,270,721$416,563$8,676,942
28$15,082,436$5,536,459$437,391$9,108,587
29$15,836,558$5,815,484$459,260$9,561,814
30$16,628,386$6,108,460$482,223$10,037,703
Total$268,400,001$97,986,720$7,783,599$162,629,685

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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.