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North Dakota Powerball Jackpot Annuity Payout Schedule for Oct 11, 2023

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The tax information provided here is based on 2025 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 $1,764,900,000 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, Oct 11, 2023
Jackpot:$1,764,900,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$26,564,278$9,785,803$770,364$16,008,111
2$27,892,492$10,277,242$808,882$16,806,367
3$29,287,116$10,793,253$849,326$17,644,536
4$30,751,473$11,335,065$891,793$18,524,615
5$32,289,045$11,903,967$936,382$19,448,696
6$33,903,498$12,501,314$983,201$20,418,982
7$35,598,674$13,128,530$1,032,362$21,437,783
8$37,378,607$13,787,105$1,083,980$22,507,523
9$39,247,537$14,478,609$1,138,179$23,630,750
10$41,209,914$15,204,688$1,195,087$24,810,138
11$43,270,410$15,967,072$1,254,842$26,048,496
12$45,433,930$16,767,574$1,317,584$27,348,772
13$47,705,626$17,608,102$1,383,463$28,714,061
14$50,090,908$18,490,656$1,452,636$30,147,616
15$52,595,453$19,417,338$1,525,268$31,652,847
16$55,225,226$20,390,354$1,601,532$33,233,341
17$57,986,487$21,412,020$1,681,608$34,892,858
18$60,885,811$22,484,770$1,765,689$36,635,352
19$63,930,102$23,611,158$1,853,973$38,464,971
20$67,126,607$24,793,865$1,946,672$40,386,071
21$70,482,937$26,035,707$2,044,005$42,403,225
22$74,007,084$27,339,641$2,146,205$44,521,237
23$77,707,439$28,708,773$2,253,516$46,745,150
24$81,592,810$30,146,360$2,366,191$49,080,258
25$85,672,450$31,655,827$2,484,501$51,532,122
26$89,956,074$33,240,768$2,608,726$54,106,580
27$94,453,878$34,904,955$2,739,162$56,809,760
28$99,176,570$36,652,351$2,876,121$59,648,098
29$104,135,399$38,487,118$3,019,927$62,628,355
30$109,342,170$40,413,623$3,170,923$65,757,624
Total$1,764,900,004$651,723,608$51,182,100$1,061,994,295

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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.