USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Apr 3, 2024

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

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 $1,131,200,000 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, Apr 3, 2024
Jackpot:$1,131,200,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$17,026,183$6,255,645$493,759$10,276,779
2$17,877,493$6,570,630$518,447$10,788,416
3$18,771,367$6,901,363$544,370$11,325,634
4$19,709,936$7,248,634$571,588$11,889,714
5$20,695,432$7,613,267$600,168$12,481,997
6$21,730,204$7,996,133$630,176$13,103,895
7$22,816,715$8,398,142$661,685$13,756,888
8$23,957,550$8,820,251$694,769$14,442,530
9$25,155,428$9,263,465$729,507$15,162,455
10$26,413,199$9,728,841$765,983$15,918,375
11$27,733,859$10,217,485$804,282$16,712,092
12$29,120,552$10,730,561$844,496$17,545,494
13$30,576,579$11,269,292$886,721$18,420,567
14$32,105,408$11,834,958$931,057$19,339,393
15$33,710,679$12,428,908$977,610$20,304,161
16$35,396,213$13,052,556$1,026,490$21,317,167
17$37,166,023$13,707,386$1,077,815$22,380,822
18$39,024,324$14,394,957$1,131,705$23,497,662
19$40,975,540$15,116,907$1,188,291$24,670,342
20$43,024,318$15,874,955$1,247,705$25,901,658
21$45,175,533$16,670,904$1,310,090$27,194,538
22$47,434,310$17,506,652$1,375,595$28,552,063
23$49,806,026$18,384,187$1,444,375$29,977,464
24$52,296,326$19,305,598$1,516,593$31,474,135
25$54,911,143$20,273,080$1,592,423$33,045,639
26$57,656,701$21,288,936$1,672,044$34,695,720
27$60,539,536$22,355,585$1,755,647$36,428,304
28$63,566,511$23,475,566$1,843,429$38,247,516
29$66,744,837$24,651,547$1,935,600$40,157,690
30$70,082,080$25,886,327$2,032,380$42,163,373
Total$1,131,200,002$417,222,718$32,804,800$681,172,483

◄ 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.