North Dakota Lottery

NDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Aug 5, 2026 is estimated to be $786 Million, with a cash option of 341.6 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 Wed Aug 5, 2026

Draw Date	Jackpot	Cash Option
Wed Aug 5, 2026	$786,000,000	$341,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$341,600,000
Federal Tax(24%)	$81,984,000
Additional Federal Tax	$44,368,330
State Tax(2.9%)	$9,906,400
Net Lumpsum Payment	$205,341,270

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$11,830,086	-$4,337,462 -$343,072	$7,149,552
2	$12,421,944	-$4,556,450 -$360,236	$7,505,258
3	$13,042,884	-$4,786,197 -$378,244	$7,878,443
4	$13,695,264	-$5,027,578 -$397,163	$8,270,523
5	$14,379,870	-$5,280,882 -$417,016	$8,681,972
6	$15,099,060	-$5,546,983 -$437,873	$9,114,204
7	$15,853,620	-$5,826,170 -$459,755	$9,567,695
8	$16,646,694	-$6,119,607 -$482,754	$10,044,333
9	$17,479,068	-$6,427,586 -$506,893	$10,544,589
10	$18,353,100	-$6,750,977 -$532,240	$11,069,883
11	$19,270,362	-$7,090,364 -$558,840	$11,621,158
12	$20,233,998	-$7,446,910 -$586,786	$12,200,302
13	$21,245,580	-$7,821,195 -$616,122	$12,808,263
14	$22,308,252	-$8,214,384 -$646,939	$13,446,929
15	$23,423,586	-$8,627,057 -$679,284	$14,117,245
16	$24,594,726	-$9,060,379 -$713,247	$14,821,100
17	$25,824,030	-$9,515,221 -$748,897	$15,559,912
18	$27,115,428	-$9,993,039 -$786,347	$16,336,042
19	$28,471,278	-$10,494,703 -$825,667	$17,150,908
20	$29,894,724	-$11,021,378 -$866,947	$18,006,399
21	$31,389,696	-$11,574,518 -$910,301	$18,904,877
22	$32,959,338	-$12,155,285 -$955,821	$19,848,232
23	$34,606,794	-$12,764,844 -$1,003,597	$20,838,353
24	$36,337,566	-$13,405,230 -$1,053,789	$21,878,547
25	$38,154,012	-$14,077,315 -$1,106,466	$22,970,231
26	$40,062,420	-$14,783,426 -$1,161,810	$24,117,184
27	$42,065,148	-$15,524,435 -$1,219,889	$25,320,824
28	$44,168,484	-$16,302,669 -$1,280,886	$26,584,929
29	$46,377,144	-$17,119,874 -$1,344,937	$27,912,333
30	$48,695,844	-$17,977,793 -$1,412,179	$29,305,872