USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Apr 6, 2022

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $247,500,000 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, Apr 6, 2022
Jackpot:$247,500,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,725,230$1,334,292$108,032$2,282,906
2$3,911,492$1,403,209$113,433$2,394,849
3$4,107,066$1,475,572$119,105$2,512,390
4$4,312,420$1,551,553$125,060$2,635,807
5$4,528,040$1,631,332$131,313$2,765,395
6$4,754,443$1,715,101$137,879$2,901,463
7$4,992,165$1,803,058$144,773$3,044,334
8$5,241,773$1,895,413$152,011$3,194,348
9$5,503,862$1,992,386$159,612$3,351,864
10$5,779,055$2,094,207$167,593$3,517,255
11$6,068,007$2,201,120$175,972$3,690,915
12$6,371,408$2,313,378$184,771$3,873,259
13$6,689,978$2,431,249$194,009$4,064,720
14$7,024,477$2,555,014$203,710$4,265,754
15$7,375,701$2,684,967$213,895$4,476,839
16$7,744,486$2,821,417$224,590$4,698,479
17$8,131,710$2,964,690$235,820$4,931,201
18$8,538,296$3,115,127$247,611$5,175,559
19$8,965,211$3,273,085$259,991$5,432,134
20$9,413,471$3,438,942$272,991$5,701,539
21$9,884,145$3,613,091$286,640$5,984,414
22$10,378,352$3,795,947$300,972$6,281,432
23$10,897,270$3,987,947$316,021$6,593,302
24$11,442,133$4,189,546$331,822$6,920,765
25$12,014,240$4,401,226$348,413$7,264,601
26$12,614,952$4,623,489$365,834$7,625,629
27$13,245,699$4,856,866$384,125$8,004,708
28$13,907,984$5,101,911$403,332$8,402,741
29$14,603,383$5,359,209$423,498$8,820,676
30$15,333,553$5,629,372$444,673$9,259,508
Total$247,500,000$90,253,716$7,177,501$150,068,786

◄ Back to Jackpot Analysis

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.