North Dakota Lottery

NDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Apr 26, 2025 is estimated to be $168 Million, with a cash option of 77.1 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 Sat Apr 26, 2025

Draw Date	Jackpot	Cash Option
Sat Apr 26, 2025	$168,000,000	$77,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$77,100,000
Federal Tax(24%)	$18,504,000
Additional Federal Tax	$9,983,330
State Tax(2.9%)	$2,235,900
Net Lumpsum Payment	$46,376,770

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,528,568	-$895,901 -$73,328	$1,559,339
2	$2,655,072	-$942,707 -$76,997	$1,635,368
3	$2,787,792	-$991,813 -$80,846	$1,715,133
4	$2,927,232	-$1,043,406 -$84,890	$1,798,936
5	$3,073,560	-$1,097,548 -$89,133	$1,886,879
6	$3,227,280	-$1,154,424 -$93,591	$1,979,265
7	$3,388,560	-$1,214,098 -$98,268	$2,076,194
8	$3,558,072	-$1,276,817 -$103,184	$2,178,071
9	$3,735,984	-$1,342,644 -$108,344	$2,284,996
10	$3,922,800	-$1,411,766 -$113,761	$2,397,273
11	$4,118,856	-$1,484,307 -$119,447	$2,515,102
12	$4,324,824	-$1,560,515 -$125,420	$2,638,889
13	$4,541,040	-$1,640,515 -$131,690	$2,768,835
14	$4,768,176	-$1,724,556 -$138,277	$2,905,343
15	$5,006,568	-$1,812,761 -$145,190	$3,048,617
16	$5,256,888	-$1,905,379 -$152,450	$3,199,059
17	$5,519,640	-$2,002,597 -$160,070	$3,356,973
18	$5,795,664	-$2,104,726 -$168,074	$3,522,864
19	$6,085,464	-$2,211,952 -$176,478	$3,697,034
20	$6,389,712	-$2,324,524 -$185,302	$3,879,886
21	$6,709,248	-$2,442,752 -$194,568	$4,071,928
22	$7,044,744	-$2,566,886 -$204,298	$4,273,560
23	$7,396,872	-$2,697,173 -$214,509	$4,485,190
24	$7,766,808	-$2,834,049 -$225,237	$4,707,522
25	$8,155,056	-$2,977,701 -$236,497	$4,940,858
26	$8,562,960	-$3,128,626 -$248,326	$5,186,008
27	$8,991,024	-$3,287,009 -$260,740	$5,443,275
28	$9,440,592	-$3,453,349 -$273,777	$5,713,466
29	$9,912,672	-$3,628,019 -$287,467	$5,997,186
30	$10,408,272	-$3,811,391 -$301,840	$6,295,041