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North Dakota Powerball Jackpot Annuity Payout Schedule for Aug 28, 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 $325,600,000 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, Aug 28, 2021
Jackpot:$325,600,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,900,747$1,769,234$142,122$2,989,392
2$5,145,785$1,859,898$149,228$3,136,659
3$5,403,074$1,955,095$156,689$3,291,290
4$5,673,228$2,055,051$164,524$3,453,653
5$5,956,889$2,160,006$172,750$3,624,133
6$6,254,733$2,270,209$181,387$3,803,137
7$6,567,470$2,385,921$190,457$3,991,092
8$6,895,844$2,507,419$199,979$4,188,445
9$7,240,636$2,634,993$209,978$4,395,665
10$7,602,668$2,768,944$220,477$4,613,246
11$7,982,801$2,909,594$231,501$4,841,706
12$8,381,941$3,057,275$243,076$5,081,589
13$8,801,038$3,212,341$255,230$5,333,467
14$9,241,090$3,375,161$267,992$5,597,938
15$9,703,144$3,546,121$281,391$5,875,633
16$10,188,302$3,725,629$295,461$6,167,212
17$10,697,717$3,914,112$310,234$6,473,370
18$11,232,603$4,112,020$325,745$6,794,837
19$11,794,233$4,319,823$342,033$7,132,377
20$12,383,944$4,538,017$359,134$7,486,793
21$13,003,141$4,767,120$377,091$7,858,931
22$13,653,299$5,007,678$395,946$8,249,675
23$14,335,964$5,260,264$415,743$8,659,957
24$15,052,762$5,525,479$436,530$9,090,752
25$15,805,400$5,803,955$458,357$9,543,088
26$16,595,670$6,096,355$481,274$10,018,040
27$17,425,453$6,403,375$505,338$10,516,740
28$18,296,726$6,725,746$530,605$11,040,375
29$19,211,562$7,064,235$557,135$11,590,192
30$20,172,140$7,419,649$584,992$12,167,499
Total$325,600,001$119,150,719$9,442,399$197,006,883

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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.