The jackpot for the Powerball draw on Sat Apr 26, 2025, is projected to be $168 Million, with an option for a cash payout of $77.1 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For North Dakota residents, the state will deduct 2.9% from your lottery earnings.
| North Dakota Powerball Jackpot/Cash Option for Sat Apr 26, 2025 |
|---|
| Draw Date | Sat Apr 26, 2025 | | Projected Jackpot | $168,000,000 | | Cash Value | $77,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $77,100,000 | | Federal Tax(24%) | $18,504,000 | | Additional Federal Tax | $9,983,330 | | State Tax(2.9%) | $2,235,900 | | Net Lumpsum Payment | $46,376,770 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,528,568 |
$895,901
$73,328 |
$1,559,339 |
| 2 |
$2,655,072 |
$942,707
$76,997 |
$1,635,368 |
| 3 |
$2,787,792 |
$991,813
$80,846 |
$1,715,133 |
| 4 |
$2,927,232 |
$1,043,406
$84,890 |
$1,798,936 |
| 5 |
$3,073,560 |
$1,097,548
$89,133 |
$1,886,879 |
| 6 |
$3,227,280 |
$1,154,424
$93,591 |
$1,979,265 |
| 7 |
$3,388,560 |
$1,214,098
$98,268 |
$2,076,194 |
| 8 |
$3,558,072 |
$1,276,817
$103,184 |
$2,178,071 |
| 9 |
$3,735,984 |
$1,342,644
$108,344 |
$2,284,996 |
| 10 |
$3,922,800 |
$1,411,766
$113,761 |
$2,397,273 |
| 11 |
$4,118,856 |
$1,484,307
$119,447 |
$2,515,102 |
| 12 |
$4,324,824 |
$1,560,515
$125,420 |
$2,638,889 |
| 13 |
$4,541,040 |
$1,640,515
$131,690 |
$2,768,835 |
| 14 |
$4,768,176 |
$1,724,556
$138,277 |
$2,905,343 |
| 15 |
$5,006,568 |
$1,812,761
$145,190 |
$3,048,617 |
| 16 |
$5,256,888 |
$1,905,379
$152,450 |
$3,199,059 |
| 17 |
$5,519,640 |
$2,002,597
$160,070 |
$3,356,973 |
| 18 |
$5,795,664 |
$2,104,726
$168,074 |
$3,522,864 |
| 19 |
$6,085,464 |
$2,211,952
$176,478 |
$3,697,034 |
| 20 |
$6,389,712 |
$2,324,524
$185,302 |
$3,879,886 |
| 21 |
$6,709,248 |
$2,442,752
$194,568 |
$4,071,928 |
| 22 |
$7,044,744 |
$2,566,886
$204,298 |
$4,273,560 |
| 23 |
$7,396,872 |
$2,697,173
$214,509 |
$4,485,190 |
| 24 |
$7,766,808 |
$2,834,049
$225,237 |
$4,707,522 |
| 25 |
$8,155,056 |
$2,977,701
$236,497 |
$4,940,858 |
| 26 |
$8,562,960 |
$3,128,626
$248,326 |
$5,186,008 |
| 27 |
$8,991,024 |
$3,287,009
$260,740 |
$5,443,275 |
| 28 |
$9,440,592 |
$3,453,349
$273,777 |
$5,713,466 |
| 29 |
$9,912,672 |
$3,628,019
$287,467 |
$5,997,186 |
| 30 |
$10,408,272 |
$3,811,391
$301,840 |
$6,295,041 |
|
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