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North Dakota Powerball Jackpot Annuity Payout Schedule for Jul 11, 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 $57,600,000 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:Mon, Jul 11, 2022
Jackpot:$57,600,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$866,963$276,733$25,142$565,087
2$910,311$292,772$26,399$591,140
3$955,826$309,613$27,719$618,494
4$1,003,618$327,296$29,105$647,217
5$1,053,799$345,863$30,560$677,376
6$1,106,488$365,358$32,088$709,042
7$1,161,813$385,828$33,693$742,292
8$1,219,904$407,322$35,377$777,205
9$1,280,899$429,890$37,146$813,863
10$1,344,944$453,586$39,003$852,354
11$1,412,191$478,468$40,954$892,769
12$1,482,800$504,593$43,001$935,206
13$1,556,940$532,025$45,151$979,764
14$1,634,787$560,829$47,409$1,026,550
15$1,716,527$591,072$49,779$1,075,675
16$1,802,353$622,828$52,268$1,127,257
17$1,892,471$656,171$54,882$1,181,418
18$1,987,094$691,182$57,626$1,238,286
19$2,086,449$727,943$60,507$1,297,999
20$2,190,771$766,543$63,532$1,360,696
21$2,300,310$807,072$66,709$1,426,529
22$2,415,326$849,628$70,044$1,495,653
23$2,536,092$894,311$73,547$1,568,234
24$2,662,896$941,229$77,224$1,644,443
25$2,796,041$990,492$81,085$1,724,464
26$2,935,843$1,042,219$85,139$1,808,485
27$3,082,635$1,096,532$89,396$1,896,707
28$3,236,767$1,153,561$93,866$1,989,340
29$3,398,606$1,213,441$98,560$2,086,605
30$3,568,536$1,276,316$103,488$2,188,733
Total$57,600,000$19,990,716$1,670,399$35,938,883

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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.