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North Dakota Powerball Jackpot Annuity Payout Schedule for Jan 18, 2023

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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 $441,200,000 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, Jan 18, 2023
Jackpot:$441,200,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,640,693$2,413,014$192,580$4,035,099
2$6,972,728$2,535,867$202,209$4,234,652
3$7,321,364$2,664,862$212,320$4,444,183
4$7,687,433$2,800,307$222,936$4,664,190
5$8,071,804$2,942,525$234,082$4,895,197
6$8,475,394$3,091,853$245,786$5,137,755
7$8,899,164$3,248,648$258,076$5,392,440
8$9,344,122$3,413,282$270,980$5,659,860
9$9,811,328$3,586,149$284,529$5,940,651
10$10,301,895$3,767,658$298,755$6,235,481
11$10,816,990$3,958,243$313,693$6,545,053
12$11,357,839$4,158,358$329,377$6,870,104
13$11,925,731$4,368,478$345,846$7,211,407
14$12,522,018$4,589,104$363,139$7,569,775
15$13,148,118$4,820,761$381,295$7,946,062
16$13,805,524$5,064,001$400,360$8,341,163
17$14,495,800$5,319,403$420,378$8,756,019
18$15,220,590$5,587,576$441,397$9,191,618
19$15,981,620$5,869,157$463,467$9,648,996
20$16,780,701$6,164,817$486,640$10,129,244
21$17,619,736$6,475,260$510,972$10,633,504
22$18,500,723$6,801,225$536,521$11,162,977
23$19,425,759$7,143,488$563,347$11,718,924
24$20,397,047$7,502,864$591,514$12,302,668
25$21,416,899$7,880,210$621,090$12,915,599
26$22,487,744$8,276,423$652,145$13,559,177
27$23,612,131$8,692,446$684,752$14,234,934
28$24,792,738$9,129,270$718,989$14,944,478
29$26,032,375$9,587,936$754,939$15,689,500
30$27,333,994$10,069,535$792,686$16,471,773
Total$441,200,001$161,922,720$12,794,800$266,482,483

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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.