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North Dakota Powerball Jackpot Annuity Payout Schedule for Sep 21, 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 $251,600,000 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:Wed, Sep 21, 2022
Jackpot:$251,600,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,786,941$1,357,125$109,821$2,319,994
2$3,976,288$1,427,184$115,312$2,433,792
3$4,175,102$1,500,745$121,078$2,553,279
4$4,383,858$1,577,985$127,132$2,678,741
5$4,603,050$1,659,086$133,488$2,810,476
6$4,833,203$1,744,242$140,163$2,948,798
7$5,074,863$1,833,657$147,171$3,094,036
8$5,328,606$1,927,542$154,530$3,246,535
9$5,595,037$2,026,121$162,256$3,406,660
10$5,874,789$2,129,629$170,369$3,574,791
11$6,168,528$2,238,313$178,887$3,751,328
12$6,476,954$2,352,430$187,832$3,936,692
13$6,800,802$2,472,254$197,223$4,131,325
14$7,140,842$2,598,069$207,084$4,335,689
15$7,497,884$2,730,174$217,439$4,550,271
16$7,872,779$2,868,885$228,311$4,775,583
17$8,266,417$3,014,532$239,726$5,012,160
18$8,679,738$3,167,460$251,712$5,260,565
19$9,113,725$3,328,036$264,298$5,521,392
20$9,569,412$3,496,640$277,513$5,795,259
21$10,047,882$3,673,674$291,389$6,082,820
22$10,550,276$3,859,559$305,958$6,384,759
23$11,077,790$4,054,740$321,256$6,701,795
24$11,631,679$4,259,679$337,319$7,034,682
25$12,213,263$4,474,865$354,185$7,384,214
26$12,823,927$4,700,810$371,894$7,751,223
27$13,465,123$4,938,053$390,489$8,136,582
28$14,138,379$5,187,157$410,013$8,541,208
29$14,845,298$5,448,717$430,514$8,966,067
30$15,587,563$5,723,356$452,039$9,412,168
Total$251,600,001$91,770,719$7,296,401$152,532,884

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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.