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North Dakota Powerball Jackpot Annuity Payout Schedule for Jun 25, 2022

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The tax information provided here is based on 2022 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 $333,700,000 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 prize money, as well as deductions claimed.

State:

North Dakota

Drawing Date:Sat, Jun 25, 2022
Jackpot:$333,700,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,022,664$1,821,341$145,657$3,055,666
2$5,273,797$1,914,260$152,940$3,206,597
3$5,537,487$2,011,825$160,587$3,365,075
4$5,814,361$2,114,269$168,616$3,531,476
5$6,105,079$2,221,834$177,047$3,706,198
6$6,410,333$2,334,778$185,900$3,889,655
7$6,730,850$2,453,370$195,195$4,082,286
8$7,067,393$2,577,890$204,954$4,284,548
9$7,420,762$2,708,637$215,202$4,496,923
10$7,791,800$2,845,921$225,962$4,719,917
11$8,181,390$2,990,069$237,260$4,954,061
12$8,590,460$3,141,425$249,123$5,199,911
13$9,019,983$3,300,349$261,579$5,458,055
14$9,470,982$3,467,218$274,658$5,729,105
15$9,944,531$3,642,431$288,391$6,013,708
16$10,441,758$3,826,405$302,811$6,312,541
17$10,963,845$4,019,578$317,952$6,626,316
18$11,512,038$4,222,409$333,849$6,955,780
19$12,087,639$4,435,382$350,542$7,301,716
20$12,692,022$4,659,003$368,069$7,664,950
21$13,326,623$4,893,805$386,472$8,046,345
22$13,992,954$5,140,348$405,796$8,446,810
23$14,692,601$5,399,218$426,085$8,867,298
24$15,427,231$5,671,031$447,390$9,308,811
25$16,198,593$5,956,434$469,759$9,772,399
26$17,008,523$6,256,108$493,247$10,259,167
27$17,858,949$6,570,766$517,910$10,770,273
28$18,751,896$6,901,157$543,805$11,306,935
29$19,689,491$7,248,067$570,995$11,870,429
30$20,673,966$7,612,322$599,545$12,462,098
Total$333,700,001$122,357,650$9,677,298$201,665,049

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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.