USA Mega

North Dakota Powerball Jackpot Annuity Payout Schedule for Sep 8, 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 $19,500,000 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:Wed, Sep 8, 1993
Jackpot:$19,500,000
Federal Tax:37% marginal rate
State Tax: 2.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$347,687$90,460$10,083$247,144
2$361,594$95,327$10,486$255,781
3$376,058$100,390$10,906$264,763
4$391,101$105,654$11,342$274,104
5$406,745$111,130$11,796$283,819
6$423,014$116,824$12,267$293,923
7$439,935$122,746$12,758$304,430
8$457,532$128,906$13,268$315,358
9$475,834$135,311$13,799$326,723
10$494,867$141,973$14,351$338,543
11$514,662$148,901$14,925$350,836
12$535,248$156,106$15,522$363,620
13$556,658$163,600$16,143$376,915
14$578,924$171,393$16,789$390,743
15$602,081$179,498$17,460$405,123
16$626,165$187,927$18,159$420,079
17$651,211$196,905$18,885$435,421
18$677,260$206,543$19,641$451,076
19$704,350$216,567$20,426$467,357
20$732,524$226,991$21,243$484,290
21$761,825$237,832$22,093$501,900
22$792,298$249,107$22,977$520,214
23$823,990$260,833$23,896$539,261
24$856,949$273,029$24,852$559,069
25$891,227$285,711$25,846$579,670
26$926,876$298,902$26,879$601,096
27$963,952$312,619$27,955$623,378
28$1,002,510$326,886$29,073$646,551
29$1,042,610$341,723$30,236$670,651
30$1,084,314$357,154$31,445$695,716
Total$19,500,000$5,946,948$565,501$12,987,554

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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.