North Dakota Lottery

NDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Jun 28, 2025 is estimated to be $155 Million, with a cash option of 69.8 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 Jun 28, 2025

Draw Date	Jackpot	Cash Option
Sat Jun 28, 2025	$155,000,000	$69,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$69,800,000
Federal Tax(24%)	$16,752,000
Additional Federal Tax	$9,034,330
State Tax(2.9%)	$2,024,200
Net Lumpsum Payment	$41,989,470

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,332,905	-$823,505 -$67,654	$1,441,746
2	$2,449,620	-$866,690 -$71,039	$1,511,891
3	$2,572,070	-$911,996 -$74,590	$1,585,484
4	$2,700,720	-$959,597 -$78,321	$1,662,802
5	$2,835,725	-$1,009,549 -$82,236	$1,743,940
6	$2,977,550	-$1,062,024 -$86,349	$1,829,177
7	$3,126,350	-$1,117,080 -$90,664	$1,918,606
8	$3,282,745	-$1,174,946 -$95,200	$2,012,599
9	$3,446,890	-$1,235,680 -$99,960	$2,111,250
10	$3,619,250	-$1,299,453 -$104,958	$2,214,839
11	$3,800,135	-$1,366,380 -$110,204	$2,323,551
12	$3,990,165	-$1,436,691 -$115,715	$2,437,759
13	$4,189,650	-$1,510,501 -$121,500	$2,557,649
14	$4,399,210	-$1,588,038 -$127,577	$2,683,595
15	$4,619,155	-$1,669,418 -$133,955	$2,815,782
16	$4,850,105	-$1,754,869 -$140,653	$2,954,583
17	$5,092,525	-$1,844,565 -$147,683	$3,100,277
18	$5,347,190	-$1,938,791 -$155,069	$3,253,330
19	$5,614,565	-$2,037,719 -$162,822	$3,414,024
20	$5,895,270	-$2,141,580 -$170,963	$3,582,727
21	$6,190,080	-$2,250,660 -$179,512	$3,759,908
22	$6,499,615	-$2,365,188 -$188,489	$3,945,938
23	$6,824,495	-$2,485,394 -$197,910	$4,141,191
24	$7,165,805	-$2,611,678 -$207,808	$4,346,319
25	$7,524,010	-$2,744,214 -$218,196	$4,561,600
26	$7,900,350	-$2,883,460 -$229,110	$4,787,780
27	$8,295,290	-$3,029,588 -$240,563	$5,025,139
28	$8,710,070	-$3,183,056 -$252,592	$5,274,422
29	$9,145,620	-$3,344,210 -$265,223	$5,536,187
30	$9,602,870	-$3,513,392 -$278,483	$5,810,995