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North Dakota Powerball Jackpot Annuity Payout Schedule for Dec 31, 2022

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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 $258,800,000 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, Dec 31, 2022
Jackpot:$258,800,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,895,311$1,397,222$112,964$2,385,125
2$4,090,077$1,469,286$118,612$2,502,179
3$4,294,581$1,544,952$124,543$2,625,086
4$4,509,310$1,624,402$130,770$2,754,138
5$4,734,775$1,707,824$137,308$2,889,643
6$4,971,514$1,795,417$144,174$3,031,923
7$5,220,090$1,887,391$151,383$3,181,317
8$5,481,094$1,983,962$158,952$3,338,180
9$5,755,149$2,085,362$166,899$3,502,887
10$6,042,907$2,191,833$175,244$3,675,830
11$6,345,052$2,303,626$184,007$3,857,419
12$6,662,304$2,421,010$193,207$4,048,088
13$6,995,420$2,544,263$202,867$4,248,290
14$7,345,191$2,673,678$213,011$4,458,502
15$7,712,450$2,809,564$223,661$4,679,225
16$8,098,073$2,952,244$234,844$4,910,984
17$8,502,976$3,102,058$246,586$5,154,331
18$8,928,125$3,259,364$258,916$5,409,846
19$9,374,531$3,424,534$271,861$5,678,136
20$9,843,258$3,597,963$285,454$5,959,841
21$10,335,421$3,780,063$299,727$6,255,631
22$10,852,192$3,971,268$314,714$6,566,210
23$11,394,801$4,172,034$330,449$6,892,318
24$11,964,541$4,382,838$346,972$7,234,732
25$12,562,768$4,604,182$364,320$7,594,267
26$13,190,907$4,836,593$382,536$7,971,778
27$13,850,452$5,080,625$401,663$8,368,165
28$14,542,975$5,336,858$421,746$8,784,371
29$15,270,124$5,605,903$442,834$9,221,387
30$16,033,630$5,888,400$464,975$9,680,254
Total$258,800,001$94,434,719$7,505,199$156,860,083

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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.