USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for May 4, 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 $36,400,000 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, May 4, 2022
Jackpot:$36,400,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$547,872$160,525$15,888$371,459
2$575,266$170,112$16,683$388,471
3$604,029$180,179$17,517$406,333
4$634,231$190,750$18,393$425,088
5$665,942$202,356$19,312$444,274
6$699,239$214,676$20,278$464,286
7$734,201$227,612$21,292$485,298
8$770,911$241,194$22,356$507,360
9$809,457$255,456$23,474$530,526
10$849,930$270,431$24,648$554,850
11$892,426$286,155$25,880$580,391
12$937,047$302,665$27,174$607,208
13$983,900$320,000$28,533$635,367
14$1,033,095$338,202$29,960$664,933
15$1,084,750$357,315$31,458$695,977
16$1,138,987$377,382$33,031$728,574
17$1,195,936$398,454$34,682$762,801
18$1,255,733$420,579$36,416$798,738
19$1,318,520$443,810$38,237$836,473
20$1,384,446$468,202$40,149$876,095
21$1,453,668$493,814$42,156$917,697
22$1,526,352$520,707$44,264$961,380
23$1,602,669$548,945$46,477$1,007,247
24$1,682,803$578,594$48,801$1,055,407
25$1,766,943$609,726$51,241$1,105,975
26$1,855,290$642,415$53,803$1,159,072
27$1,948,054$676,737$56,494$1,214,823
28$2,045,457$712,776$59,318$1,273,362
29$2,147,730$750,617$62,284$1,334,828
30$2,255,116$790,350$65,398$1,399,368
Total$36,400,000$12,150,736$1,055,597$23,193,661

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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.