USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Aug 18, 1993

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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 $4,200,000 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, Aug 18, 1993
Jackpot:$4,200,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$74,886$11,187$2,172$61,528
2$77,882$11,846$2,259$63,777
3$80,997$12,531$2,349$66,117
4$84,237$13,244$2,443$68,550
5$87,607$13,985$2,541$71,080
6$91,111$14,756$2,642$73,712
7$94,755$15,558$2,748$76,449
8$98,545$16,392$2,858$79,296
9$102,487$17,259$2,972$82,256
10$106,587$18,179$3,091$85,317
11$110,850$19,202$3,215$88,433
12$115,284$20,266$3,343$91,675
13$119,896$21,373$3,477$95,046
14$124,691$22,524$3,616$98,551
15$129,679$23,721$3,761$102,197
16$134,866$24,966$3,911$105,989
17$140,261$26,261$4,068$109,933
18$145,871$27,607$4,230$114,034
19$151,706$29,007$4,399$118,299
20$157,774$30,464$4,575$122,735
21$164,085$31,978$4,758$127,348
22$170,649$33,554$4,949$132,146
23$177,475$35,192$5,147$137,136
24$184,574$36,896$5,353$142,325
25$191,957$38,668$5,567$147,722
26$199,635$40,510$5,789$153,335
27$207,620$42,895$6,021$158,705
28$215,925$45,552$6,262$164,111
29$224,562$48,316$6,512$169,734
30$233,545$51,190$6,773$175,582
Total$4,200,000$795,079$121,801$3,283,118

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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.