The jackpot for the Powerball draw on Mon Jun 30, 2025, is projected to be $162 Million, with an option for a cash payout of $74.2 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 Mon Jun 30, 2025 |
|---|
| Draw Date | Mon Jun 30, 2025 | | Projected Jackpot | $162,000,000 | | Cash Value | $74,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $74,200,000 | | Federal Tax(24%) | $17,808,000 | | Additional Federal Tax | $9,606,330 | | State Tax(2.9%) | $2,151,800 | | Net Lumpsum Payment | $44,633,870 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,438,262 |
$862,487
$70,710 |
$1,505,065 |
| 2 |
$2,560,248 |
$907,622
$74,247 |
$1,578,379 |
| 3 |
$2,688,228 |
$954,975
$77,959 |
$1,655,294 |
| 4 |
$2,822,688 |
$1,004,725
$81,858 |
$1,736,105 |
| 5 |
$2,963,790 |
$1,056,933
$85,950 |
$1,820,907 |
| 6 |
$3,112,020 |
$1,111,778
$90,249 |
$1,909,993 |
| 7 |
$3,267,540 |
$1,169,320
$94,759 |
$2,003,461 |
| 8 |
$3,430,998 |
$1,229,800
$99,499 |
$2,101,699 |
| 9 |
$3,602,556 |
$1,293,276
$104,474 |
$2,204,806 |
| 10 |
$3,782,700 |
$1,359,929
$109,698 |
$2,313,073 |
| 11 |
$3,971,754 |
$1,429,879
$115,181 |
$2,426,694 |
| 12 |
$4,170,366 |
$1,503,366
$120,941 |
$2,546,059 |
| 13 |
$4,378,860 |
$1,580,509
$126,987 |
$2,671,364 |
| 14 |
$4,597,884 |
$1,661,547
$133,339 |
$2,802,998 |
| 15 |
$4,827,762 |
$1,746,602
$140,005 |
$2,941,155 |
| 16 |
$5,069,142 |
$1,835,913
$147,005 |
$3,086,224 |
| 17 |
$5,322,510 |
$1,929,659
$154,353 |
$3,238,498 |
| 18 |
$5,588,676 |
$2,028,141
$162,072 |
$3,398,463 |
| 19 |
$5,868,126 |
$2,131,537
$170,176 |
$3,566,413 |
| 20 |
$6,161,508 |
$2,240,088
$178,684 |
$3,742,736 |
| 21 |
$6,469,632 |
$2,354,094
$187,619 |
$3,927,919 |
| 22 |
$6,793,146 |
$2,473,794
$197,001 |
$4,122,351 |
| 23 |
$7,132,698 |
$2,599,429
$206,848 |
$4,326,421 |
| 24 |
$7,489,422 |
$2,731,417
$217,193 |
$4,540,812 |
| 25 |
$7,863,804 |
$2,869,938
$228,050 |
$4,765,816 |
| 26 |
$8,257,140 |
$3,015,472
$239,457 |
$5,002,211 |
| 27 |
$8,669,916 |
$3,168,199
$251,428 |
$5,250,289 |
| 28 |
$9,103,428 |
$3,328,599
$263,999 |
$5,510,830 |
| 29 |
$9,558,648 |
$3,497,030
$277,201 |
$5,784,417 |
| 30 |
$10,036,548 |
$3,673,853
$291,060 |
$6,071,635 |
|
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