North Dakota Lottery

NDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Aug 24, 2026 is estimated to be $81 Million, with a cash option of 34.8 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 Mon Aug 24, 2026

Draw Date	Jackpot	Cash Option
Mon Aug 24, 2026	$81,000,000	$34,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$34,800,000
Federal Tax(24%)	$8,352,000
Additional Federal Tax	$4,484,330
State Tax(2.9%)	$1,009,200
Net Lumpsum Payment	$20,954,470

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,219,131	-$411,409 -$35,355	$772,367
2	$1,280,124	-$433,976 -$37,124	$809,024
3	$1,344,114	-$457,653 -$38,979	$847,482
4	$1,411,344	-$482,528 -$40,929	$887,887
5	$1,481,895	-$508,632 -$42,975	$930,288
6	$1,556,010	-$536,054 -$45,124	$974,832
7	$1,633,770	-$564,825 -$47,379	$1,021,566
8	$1,715,499	-$595,065 -$49,749	$1,070,685
9	$1,801,278	-$626,803 -$52,237	$1,122,238
10	$1,891,350	-$660,130 -$54,849	$1,176,371
11	$1,985,877	-$695,105 -$57,590	$1,233,182
12	$2,085,183	-$731,848 -$60,470	$1,292,865
13	$2,189,430	-$770,419 -$63,493	$1,355,518
14	$2,298,942	-$810,939 -$66,669	$1,421,334
15	$2,413,881	-$853,466 -$70,003	$1,490,412
16	$2,534,571	-$898,122 -$73,503	$1,562,946
17	$2,661,255	-$944,995 -$77,176	$1,639,084
18	$2,794,338	-$994,235 -$81,036	$1,719,067
19	$2,934,063	-$1,045,934 -$85,088	$1,803,041
20	$3,080,754	-$1,100,209 -$89,342	$1,891,203
21	$3,234,816	-$1,157,212 -$93,810	$1,983,794
22	$3,396,573	-$1,217,062 -$98,501	$2,081,010
23	$3,566,349	-$1,279,880 -$103,424	$2,183,045
24	$3,744,711	-$1,345,873 -$108,597	$2,290,241
25	$3,931,902	-$1,415,134 -$114,025	$2,402,743
26	$4,128,570	-$1,487,901 -$119,729	$2,520,940
27	$4,334,958	-$1,564,265 -$125,714	$2,644,979
28	$4,551,714	-$1,644,465 -$132,000	$2,775,249
29	$4,779,324	-$1,728,680 -$138,600	$2,912,044
30	$5,018,274	-$1,817,092 -$145,530	$3,055,652