North Dakota Lottery

NDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Apr 19, 2025 is estimated to be $131 Million, with a cash option of 58.6 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 Sat Apr 19, 2025

Draw Date	Jackpot	Cash Option
Sat Apr 19, 2025	$131,000,000	$58,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$58,600,000
Federal Tax(24%)	$14,064,000
Additional Federal Tax	$7,578,330
State Tax(2.9%)	$1,699,400
Net Lumpsum Payment	$35,258,270

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,971,681	-$689,852 -$57,179	$1,224,650
2	$2,070,324	-$726,350 -$60,039	$1,283,935
3	$2,173,814	-$764,642 -$63,041	$1,346,131
4	$2,282,544	-$804,872 -$66,194	$1,411,478
5	$2,396,645	-$847,089 -$69,503	$1,480,053
6	$2,516,510	-$891,439 -$72,979	$1,552,092
7	$2,642,270	-$937,970 -$76,626	$1,627,674
8	$2,774,449	-$986,877 -$80,459	$1,707,113
9	$2,913,178	-$1,038,206 -$84,482	$1,790,490
10	$3,058,850	-$1,092,105 -$88,707	$1,878,038
11	$3,211,727	-$1,148,669 -$93,140	$1,969,918
12	$3,372,333	-$1,208,094 -$97,798	$2,066,441
13	$3,540,930	-$1,270,474 -$102,687	$2,167,769
14	$3,718,042	-$1,336,006 -$107,823	$2,274,213
15	$3,903,931	-$1,404,785 -$113,214	$2,385,932
16	$4,099,121	-$1,477,005 -$118,875	$2,503,241
17	$4,304,005	-$1,552,812 -$124,816	$2,626,377
18	$4,519,238	-$1,632,448 -$131,058	$2,755,732
19	$4,745,213	-$1,716,059 -$137,611	$2,891,543
20	$4,982,454	-$1,803,838 -$144,491	$3,034,125
21	$5,231,616	-$1,896,028 -$151,717	$3,183,871
22	$5,493,223	-$1,992,823 -$159,303	$3,341,097
23	$5,767,799	-$2,094,416 -$167,266	$3,506,117
24	$6,056,261	-$2,201,147 -$175,632	$3,679,482
25	$6,359,002	-$2,313,161 -$184,411	$3,861,430
26	$6,677,070	-$2,430,846 -$193,635	$4,052,589
27	$7,010,858	-$2,554,348 -$203,315	$4,253,195
28	$7,361,414	-$2,684,054 -$213,481	$4,463,879
29	$7,729,524	-$2,820,254 -$224,156	$4,685,114
30	$8,115,974	-$2,963,241 -$235,363	$4,917,370