North Dakota Lottery

NDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jul 7, 2025 is estimated to be $203 Million, with a cash option of 92.5 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 Jul 7, 2025

Draw Date	Jackpot	Cash Option
Mon Jul 7, 2025	$203,000,000	$92,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$92,500,000
Federal Tax(24%)	$22,200,000
Additional Federal Tax	$11,985,330
State Tax(2.9%)	$2,682,500
Net Lumpsum Payment	$55,632,170

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,055,353	-$1,090,811 -$88,605	$1,875,937
2	$3,208,212	-$1,147,369 -$93,038	$1,967,805
3	$3,368,582	-$1,206,706 -$97,689	$2,064,187
4	$3,537,072	-$1,269,047 -$102,575	$2,165,450
5	$3,713,885	-$1,334,468 -$107,703	$2,271,714
6	$3,899,630	-$1,403,193 -$113,089	$2,383,348
7	$4,094,510	-$1,475,299 -$118,741	$2,500,470
8	$4,299,337	-$1,551,085 -$124,681	$2,623,571
9	$4,514,314	-$1,630,627 -$130,915	$2,752,772
10	$4,740,050	-$1,714,149 -$137,461	$2,888,440
11	$4,976,951	-$1,801,802 -$144,332	$3,030,817
12	$5,225,829	-$1,893,887 -$151,549	$3,180,393
13	$5,487,090	-$1,990,554 -$159,126	$3,337,410
14	$5,761,546	-$2,092,102 -$167,085	$3,502,359
15	$6,049,603	-$2,198,683 -$175,438	$3,675,482
16	$6,352,073	-$2,310,597 -$184,210	$3,857,266
17	$6,669,565	-$2,428,069 -$193,417	$4,048,079
18	$7,003,094	-$2,551,475 -$203,090	$4,248,529
19	$7,353,269	-$2,681,040 -$213,245	$4,458,984
20	$7,720,902	-$2,817,064 -$223,906	$4,679,932
21	$8,107,008	-$2,959,923 -$235,103	$4,911,982
22	$8,512,399	-$3,109,918 -$246,860	$5,155,621
23	$8,937,887	-$3,267,349 -$259,199	$5,411,339
24	$9,384,893	-$3,432,741 -$272,162	$5,679,990
25	$9,854,026	-$3,606,320 -$285,767	$5,961,939
26	$10,346,910	-$3,788,687 -$300,060	$6,258,163
27	$10,864,154	-$3,980,067 -$315,060	$6,569,027
28	$11,407,382	-$4,181,062 -$330,814	$6,895,506
29	$11,977,812	-$4,392,121 -$347,357	$7,238,334
30	$12,576,662	-$4,613,695 -$364,723	$7,598,244