North Dakota Lottery

NDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Aug 4, 2025 is estimated to be $426 Million, with a cash option of 193.5 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of North Dakota, your state will take 2.9% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

North Dakota Powerball Jackpot/Cash Option for Mon Aug 4, 2025

Draw Date	Jackpot	Cash Option
Mon Aug 4, 2025	$426,000,000	$193,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$193,500,000
Federal Tax(24%)	$46,440,000
Additional Federal Tax	$25,115,330
State Tax(2.9%)	$5,611,500
Net Lumpsum Payment	$116,333,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,411,726	-$2,332,669 -$185,940	$3,893,117
2	$6,732,504	-$2,451,357 -$195,243	$4,085,904
3	$7,069,044	-$2,575,877 -$205,002	$4,288,165
4	$7,422,624	-$2,706,701 -$215,256	$4,500,667
5	$7,793,670	-$2,843,988 -$226,016	$4,723,666
6	$8,183,460	-$2,988,211 -$237,320	$4,957,929
7	$8,592,420	-$3,139,526 -$249,180	$5,203,714
8	$9,022,254	-$3,298,564 -$261,645	$5,462,045
9	$9,473,388	-$3,465,484 -$274,728	$5,733,176
10	$9,947,100	-$3,640,757 -$288,466	$6,017,877
11	$10,444,242	-$3,824,700 -$302,883	$6,316,659
12	$10,966,518	-$4,017,942 -$318,029	$6,630,547
13	$11,514,780	-$4,220,799 -$333,929	$6,960,052
14	$12,090,732	-$4,433,901 -$350,631	$7,306,200
15	$12,695,226	-$4,657,564 -$368,162	$7,669,500
16	$13,329,966	-$4,892,418 -$386,569	$8,050,979
17	$13,996,230	-$5,138,935 -$405,891	$8,451,404
18	$14,696,148	-$5,397,905 -$426,188	$8,872,055
19	$15,430,998	-$5,669,800 -$447,499	$9,313,699
20	$16,202,484	-$5,955,249 -$469,872	$9,777,363
21	$17,012,736	-$6,255,043 -$493,369	$10,264,324
22	$17,863,458	-$6,569,810 -$518,040	$10,775,608
23	$18,756,354	-$6,900,181 -$543,934	$11,312,239
24	$19,694,406	-$7,247,261 -$571,138	$11,876,007
25	$20,678,892	-$7,611,520 -$599,688	$12,467,684
26	$21,713,220	-$7,994,222 -$629,683	$13,089,315
27	$22,798,668	-$8,395,838 -$661,161	$13,741,669
28	$23,938,644	-$8,817,629 -$694,221	$14,426,794
29	$25,135,704	-$9,260,541 -$728,935	$15,146,228
30	$26,392,404	-$9,725,520 -$765,380	$15,901,504