The jackpot for the Powerball draw on Sat Sep 6, 2025, is projected to be $1.70 Billion, with an option for a cash payout of $770.3 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 Sat Sep 6, 2025 |
---|
Draw Date | Sat Sep 6, 2025 | Projected Jackpot | $1,700,000,000 | Cash Value | $770,300,000 |
Lumpsum Option Taxes and Payment |
---|
Cash Gross Payment | $770,300,000 | Federal Tax(24%) | $184,872,000 | Additional Federal Tax | $100,099,330 | State Tax(2.9%) | $22,338,700 | Net Lumpsum Payment | $462,989,970 |
Annuity Payment in 30 Installations |
---|
Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$25,586,700 |
$9,427,409 $742,014 |
$15,417,277 |
2 |
$26,866,800 |
$9,901,046 $779,137 |
$16,186,617 |
3 |
$28,209,800 |
$10,397,956 $818,084 |
$16,993,760 |
4 |
$29,620,800 |
$10,920,026 $859,003 |
$17,841,771 |
5 |
$31,101,500 |
$11,467,885 $901,944 |
$18,731,671 |
6 |
$32,657,000 |
$12,043,420 $947,053 |
$19,666,527 |
7 |
$34,289,000 |
$12,647,260 $994,381 |
$20,647,359 |
8 |
$36,004,300 |
$13,281,921 $1,044,125 |
$21,678,254 |
9 |
$37,804,600 |
$13,948,032 $1,096,333 |
$22,760,235 |
10 |
$39,695,000 |
$14,647,480 $1,151,155 |
$23,896,365 |
11 |
$41,678,900 |
$15,381,523 $1,208,688 |
$25,088,689 |
12 |
$43,763,100 |
$16,152,677 $1,269,130 |
$26,341,293 |
13 |
$45,951,000 |
$16,962,200 $1,332,579 |
$27,656,221 |
14 |
$48,249,400 |
$17,812,608 $1,399,233 |
$29,037,559 |
15 |
$50,661,700 |
$18,705,159 $1,469,189 |
$30,487,352 |
16 |
$53,194,700 |
$19,642,369 $1,542,646 |
$32,009,685 |
17 |
$55,853,500 |
$20,626,125 $1,619,752 |
$33,607,623 |
18 |
$58,646,600 |
$21,659,572 $1,700,751 |
$35,286,277 |
19 |
$61,579,100 |
$22,744,597 $1,785,794 |
$37,048,709 |
20 |
$64,657,800 |
$23,883,716 $1,875,076 |
$38,899,008 |
21 |
$67,891,200 |
$25,080,074 $1,968,845 |
$40,842,281 |
22 |
$71,286,100 |
$26,336,187 $2,067,297 |
$42,882,616 |
23 |
$74,849,300 |
$27,654,571 $2,170,630 |
$45,024,099 |
24 |
$78,592,700 |
$29,039,629 $2,279,188 |
$47,273,883 |
25 |
$82,521,400 |
$30,493,248 $2,393,121 |
$49,635,031 |
26 |
$86,649,000 |
$32,020,460 $2,512,821 |
$52,115,719 |
27 |
$90,980,600 |
$33,623,152 $2,638,437 |
$54,719,011 |
28 |
$95,529,800 |
$35,306,356 $2,770,364 |
$57,453,080 |
29 |
$100,306,800 |
$37,073,846 $2,908,897 |
$60,324,057 |
30 |
$105,321,800 |
$38,929,396 $3,054,332 |
$63,338,072 |
|
|