USA Mega

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

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $279,500,000 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:Sat, Nov 18, 2023
Jackpot:$279,500,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,206,876$1,513,564$121,999$2,571,312
2$4,417,220$1,591,392$128,099$2,697,729
3$4,638,081$1,673,110$134,504$2,830,466
4$4,869,985$1,758,915$141,230$2,969,841
5$5,113,484$1,849,009$148,291$3,116,184
6$5,369,158$1,943,609$155,706$3,269,844
7$5,637,616$2,042,938$163,491$3,431,187
8$5,919,497$2,147,234$171,665$3,600,598
9$6,215,472$2,256,745$180,249$3,778,478
10$6,526,246$2,371,731$189,261$3,965,253
11$6,852,558$2,492,467$198,724$4,161,367
12$7,195,186$2,619,239$208,660$4,367,286
13$7,554,945$2,752,350$219,093$4,583,502
14$7,932,692$2,892,116$230,048$4,810,528
15$8,329,327$3,038,871$241,550$5,048,905
16$8,745,793$3,192,964$253,628$5,299,202
17$9,183,083$3,354,761$266,309$5,562,013
18$9,642,237$3,524,648$279,625$5,837,964
19$10,124,349$3,703,029$293,606$6,127,713
20$10,630,566$3,890,330$308,286$6,431,950
21$11,162,095$4,086,995$323,701$6,751,399
22$11,720,199$4,293,494$339,886$7,086,820
23$12,306,209$4,510,318$356,880$7,439,012
24$12,921,520$4,737,983$374,724$7,808,813
25$13,567,596$4,977,031$393,460$8,197,105
26$14,245,976$5,228,031$413,133$8,604,811
27$14,958,275$5,491,582$433,790$9,032,903
28$15,706,188$5,768,310$455,479$9,482,399
29$16,491,498$6,058,874$478,253$9,954,370
30$17,316,073$6,363,967$502,166$10,449,939
Total$279,500,001$102,125,607$8,105,496$169,268,893

◄ Back to Jackpot Analysis

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.