North Dakota Lottery

NDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Oct 24, 2026 is estimated to be $674 Million, with a cash option of 283.9 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 Oct 24, 2026

Draw Date	Jackpot	Cash Option
Sat Oct 24, 2026	$674,000,000	$283,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$283,900,000
Federal Tax(24%)	$68,136,000
Additional Federal Tax	$36,867,330
State Tax(2.9%)	$8,233,100
Net Lumpsum Payment	$170,663,570

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$10,144,374	-$3,713,749 -$294,187	$6,136,438
2	$10,651,896	-$3,901,532 -$308,905	$6,441,459
3	$11,184,356	-$4,098,542 -$324,346	$6,761,468
4	$11,743,776	-$4,305,528 -$340,570	$7,097,678
5	$12,330,830	-$4,522,737 -$357,594	$7,450,499
6	$12,947,540	-$4,750,920 -$375,479	$7,821,141
7	$13,594,580	-$4,990,325 -$394,243	$8,210,012
8	$14,274,646	-$5,241,949 -$413,965	$8,618,732
9	$14,988,412	-$5,506,043 -$434,664	$9,047,705
10	$15,737,900	-$5,783,353 -$456,399	$9,498,148
11	$16,524,458	-$6,074,380 -$479,209	$9,970,869
12	$17,350,782	-$6,380,120 -$503,173	$10,467,489
13	$18,218,220	-$6,701,072 -$528,328	$10,988,820
14	$19,129,468	-$7,038,234 -$554,755	$11,536,479
15	$20,085,874	-$7,392,104 -$582,490	$12,111,280
16	$21,090,134	-$7,763,680 -$611,614	$12,714,840
17	$22,144,270	-$8,153,710 -$642,184	$13,348,376
18	$23,251,652	-$8,563,442 -$674,298	$14,013,912
19	$24,414,302	-$8,993,622 -$708,015	$14,712,665
20	$25,634,916	-$9,445,249 -$743,413	$15,446,254
21	$26,916,864	-$9,919,570 -$780,589	$16,216,705
22	$28,262,842	-$10,417,582 -$819,622	$17,025,638
23	$29,675,546	-$10,940,282 -$860,591	$17,874,673
24	$31,159,694	-$11,489,417 -$903,631	$18,766,646
25	$32,717,308	-$12,065,734 -$948,802	$19,702,772
26	$34,353,780	-$12,671,229 -$996,260	$20,686,291
27	$36,071,132	-$13,306,649 -$1,046,063	$21,718,420
28	$37,874,756	-$13,973,990 -$1,098,368	$22,802,398
29	$39,768,696	-$14,674,748 -$1,153,292	$23,940,656
30	$41,756,996	-$15,410,419 -$1,210,953	$25,135,624