The jackpot for the Powerball draw on Wed Oct 29, 2025, is projected to be $376 Million, with an option for a cash payout of $179.3 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 Wed Oct 29, 2025 |
|---|
| Draw Date | Wed Oct 29, 2025 | | Projected Jackpot | $376,000,000 | | Cash Value | $179,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $179,300,000 | | Federal Tax(24%) | $43,032,000 | | Additional Federal Tax | $23,269,330 | | State Tax(2.9%) | $5,199,700 | | Net Lumpsum Payment | $107,798,970 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,659,176 |
$2,054,226 $164,116 |
$3,440,834 |
| 2 |
$5,942,304 |
$2,158,983 $172,327 |
$3,610,994 |
| 3 |
$6,239,344 |
$2,268,888 $180,941 |
$3,789,515 |
| 4 |
$6,551,424 |
$2,384,357 $189,991 |
$3,977,076 |
| 5 |
$6,878,920 |
$2,505,531 $199,489 |
$4,173,900 |
| 6 |
$7,222,960 |
$2,632,826 $209,466 |
$4,380,668 |
| 7 |
$7,583,920 |
$2,766,381 $219,934 |
$4,597,605 |
| 8 |
$7,963,304 |
$2,906,753 $230,936 |
$4,825,615 |
| 9 |
$8,361,488 |
$3,054,081 $242,483 |
$5,064,924 |
| 10 |
$8,779,600 |
$3,208,782 $254,608 |
$5,316,210 |
| 11 |
$9,218,392 |
$3,371,135 $267,333 |
$5,579,924 |
| 12 |
$9,679,368 |
$3,541,697 $280,702 |
$5,856,969 |
| 13 |
$10,163,280 |
$3,720,744 $294,735 |
$6,147,801 |
| 14 |
$10,671,632 |
$3,908,834 $309,477 |
$6,453,321 |
| 15 |
$11,205,176 |
$4,106,246 $324,950 |
$6,773,980 |
| 16 |
$11,765,416 |
$4,313,534 $341,197 |
$7,110,685 |
| 17 |
$12,353,480 |
$4,531,118 $358,251 |
$7,464,111 |
| 18 |
$12,971,248 |
$4,759,692 $376,166 |
$7,835,390 |
| 19 |
$13,619,848 |
$4,999,674 $394,976 |
$8,225,198 |
| 20 |
$14,300,784 |
$5,251,620 $414,723 |
$8,634,441 |
| 21 |
$15,015,936 |
$5,516,227 $435,462 |
$9,064,247 |
| 22 |
$15,766,808 |
$5,794,049 $457,237 |
$9,515,522 |
| 23 |
$16,554,904 |
$6,085,645 $480,092 |
$9,989,167 |
| 24 |
$17,382,856 |
$6,391,987 $504,103 |
$10,486,766 |
| 25 |
$18,251,792 |
$6,713,493 $529,302 |
$11,008,997 |
| 26 |
$19,164,720 |
$7,051,277 $555,777 |
$11,557,666 |
| 27 |
$20,122,768 |
$7,405,755 $583,560 |
$12,133,453 |
| 28 |
$21,128,944 |
$7,778,040 $612,739 |
$12,738,165 |
| 29 |
$22,185,504 |
$8,168,967 $643,380 |
$13,373,157 |
| 30 |
$23,294,704 |
$8,579,371 $675,546 |
$14,039,787 |
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