North Dakota Lottery

NDLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat May 31, 2025 is estimated to be $207 Million, with a cash option of 91 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 May 31, 2025

Draw Date	Jackpot	Cash Option
Sat May 31, 2025	$207,000,000	$91,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$91,000,000
Federal Tax(24%)	$21,840,000
Additional Federal Tax	$11,790,330
State Tax(2.9%)	$2,639,000
Net Lumpsum Payment	$54,730,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,115,557	-$1,113,086 -$90,351	$1,912,120
2	$3,271,428	-$1,170,759 -$94,871	$2,005,798
3	$3,434,958	-$1,231,265 -$99,614	$2,104,079
4	$3,606,768	-$1,294,835 -$104,596	$2,207,337
5	$3,787,065	-$1,361,544 -$109,825	$2,315,696
6	$3,976,470	-$1,431,624 -$115,318	$2,429,528
7	$4,175,190	-$1,505,151 -$121,081	$2,548,958
8	$4,384,053	-$1,582,430 -$127,138	$2,674,485
9	$4,603,266	-$1,663,539 -$133,495	$2,806,232
10	$4,833,450	-$1,748,707 -$140,170	$2,944,573
11	$5,075,019	-$1,838,087 -$147,176	$3,089,756
12	$5,328,801	-$1,931,987 -$154,535	$3,242,279
13	$5,595,210	-$2,030,558 -$162,261	$3,402,391
14	$5,875,074	-$2,134,108 -$170,377	$3,570,589
15	$6,168,807	-$2,242,789 -$178,895	$3,747,123
16	$6,477,237	-$2,356,908 -$187,840	$3,932,489
17	$6,800,985	-$2,476,695 -$197,229	$4,127,061
18	$7,141,086	-$2,602,532 -$207,091	$4,331,463
19	$7,498,161	-$2,734,650 -$217,447	$4,546,064
20	$7,873,038	-$2,873,354 -$228,318	$4,771,366
21	$8,266,752	-$3,019,029 -$239,736	$5,007,987
22	$8,680,131	-$3,171,979 -$251,724	$5,256,428
23	$9,114,003	-$3,332,511 -$264,306	$5,517,186
24	$9,569,817	-$3,501,163 -$277,525	$5,791,129
25	$10,048,194	-$3,678,162 -$291,398	$6,078,634
26	$10,550,790	-$3,864,123 -$305,973	$6,380,694
27	$11,078,226	-$4,059,274 -$321,269	$6,697,683
28	$11,632,158	-$4,264,229 -$337,333	$7,030,596
29	$12,213,828	-$4,479,447 -$354,201	$7,380,180
30	$12,824,478	-$4,705,387 -$371,910	$7,747,181