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North Dakota Powerball Jackpot Annuity Payout Schedule for Aug 25, 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 $304,600,000 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:Wed, Aug 25, 2021
Jackpot:$304,600,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,584,667$1,652,284$132,955$2,799,428
2$4,813,901$1,737,100$139,603$2,937,197
3$5,054,595$1,826,158$146,583$3,081,855
4$5,307,325$1,919,668$153,912$3,233,745
5$5,572,691$2,017,853$161,608$3,393,230
6$5,851,326$2,120,948$169,688$3,560,690
7$6,143,893$2,229,198$178,173$3,736,522
8$6,451,087$2,342,859$187,082$3,921,146
9$6,773,641$2,462,205$196,436$4,115,001
10$7,112,323$2,587,517$206,257$4,318,549
11$7,467,940$2,719,095$216,570$4,532,275
12$7,841,337$2,857,252$227,399$4,756,686
13$8,233,403$3,002,317$238,769$4,992,318
14$8,645,074$3,154,635$250,707$5,239,732
15$9,077,327$3,314,568$263,242$5,499,516
16$9,531,194$3,482,499$276,405$5,772,290
17$10,007,753$3,658,826$290,225$6,058,702
18$10,508,141$3,843,969$304,736$6,359,436
19$11,033,548$4,038,370$319,973$6,675,205
20$11,585,226$4,242,491$335,972$7,006,763
21$12,164,487$4,456,817$352,770$7,354,899
22$12,772,711$4,681,860$370,409$7,720,442
23$13,411,347$4,918,156$388,929$8,104,262
24$14,081,914$5,166,265$408,376$8,507,273
25$14,786,010$5,426,781$428,794$8,930,434
26$15,525,310$5,700,322$450,234$9,374,754
27$16,301,576$5,987,540$472,746$9,841,290
28$17,116,654$6,289,119$496,383$10,331,152
29$17,972,487$6,605,777$521,202$10,845,508
30$18,871,112$6,938,269$547,262$11,385,581
Total$304,600,001$111,380,718$8,833,400$184,385,881

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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.