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North Dakota Powerball Jackpot Annuity Payout Schedule for Apr 13, 2024

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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 $54,200,000 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:Sat, Apr 13, 2024
Jackpot:$54,200,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$815,788$257,799$23,658$534,331
2$856,577$272,891$24,841$558,846
3$899,406$288,737$26,083$584,586
4$944,376$305,377$27,387$611,613
5$991,595$322,847$28,756$639,991
6$1,041,175$341,192$30,194$669,789
7$1,093,234$360,454$31,704$701,076
8$1,147,895$380,679$33,289$733,928
9$1,205,290$401,915$34,953$768,422
10$1,265,555$424,212$36,701$804,641
11$1,328,832$447,625$38,536$842,671
12$1,395,274$472,209$40,463$882,602
13$1,465,038$498,021$42,486$924,530
14$1,538,290$525,124$44,610$968,555
15$1,615,204$553,583$46,841$1,014,780
16$1,695,964$583,464$49,183$1,063,317
17$1,780,762$614,839$51,642$1,114,281
18$1,869,801$647,783$54,224$1,167,793
19$1,963,291$682,375$56,935$1,223,980
20$2,061,455$718,696$59,782$1,282,977
21$2,164,528$756,833$62,771$1,344,924
22$2,272,754$796,876$65,910$1,409,968
23$2,386,392$838,922$69,205$1,478,264
24$2,505,712$883,071$72,666$1,549,975
25$2,630,997$929,426$76,299$1,625,272
26$2,762,547$978,100$80,114$1,704,334
27$2,900,674$1,029,207$84,120$1,787,348
28$3,045,708$1,082,869$88,326$1,874,513
29$3,197,993$1,139,215$92,742$1,966,037
30$3,357,893$1,198,378$97,379$2,062,137
Total$54,200,000$18,732,719$1,571,800$33,895,481

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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.