The jackpot for the Powerball draw on Wed Jun 24, 2026, is projected to be $327 Million, with an option for a cash payout of $148 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 Jun 24, 2026 |
|---|
| Draw Date | Wed Jun 24, 2026 | | Projected Jackpot | $327,000,000 | | Cash Value | $148,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $148,000,000 | | Federal Tax(24%) | $35,520,000 | | Additional Federal Tax | $19,200,330 | | State Tax(2.9%) | $4,292,000 | | Net Lumpsum Payment | $88,987,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,921,677 |
$1,781,351
$142,729 |
$2,997,597 |
| 2 |
$5,167,908 |
$1,872,456
$149,869 |
$3,145,583 |
| 3 |
$5,426,238 |
$1,968,038
$157,361 |
$3,300,839 |
| 4 |
$5,697,648 |
$2,068,460
$165,232 |
$3,463,956 |
| 5 |
$5,982,465 |
$2,173,842
$173,491 |
$3,635,132 |
| 6 |
$6,281,670 |
$2,284,548
$182,168 |
$3,814,954 |
| 7 |
$6,595,590 |
$2,400,699
$191,272 |
$4,003,619 |
| 8 |
$6,925,533 |
$2,522,778
$200,840 |
$4,201,915 |
| 9 |
$7,271,826 |
$2,650,906
$210,883 |
$4,410,037 |
| 10 |
$7,635,450 |
$2,785,447
$221,428 |
$4,628,575 |
| 11 |
$8,017,059 |
$2,926,642
$232,495 |
$4,857,922 |
| 12 |
$8,417,961 |
$3,074,976
$244,121 |
$5,098,864 |
| 13 |
$8,838,810 |
$3,230,690
$256,325 |
$5,351,795 |
| 14 |
$9,280,914 |
$3,394,269
$269,147 |
$5,617,498 |
| 15 |
$9,744,927 |
$3,565,953
$282,603 |
$5,896,371 |
| 16 |
$10,232,157 |
$3,746,228
$296,733 |
$6,189,196 |
| 17 |
$10,743,585 |
$3,935,457
$311,564 |
$6,496,564 |
| 18 |
$11,280,846 |
$4,134,243
$327,145 |
$6,819,458 |
| 19 |
$11,844,921 |
$4,342,951
$343,503 |
$7,158,467 |
| 20 |
$12,437,118 |
$4,562,064
$360,676 |
$7,514,378 |
| 21 |
$13,059,072 |
$4,792,187
$378,713 |
$7,888,172 |
| 22 |
$13,712,091 |
$5,033,804
$397,651 |
$8,280,636 |
| 23 |
$14,397,483 |
$5,287,399
$417,527 |
$8,692,557 |
| 24 |
$15,117,537 |
$5,553,819
$438,409 |
$9,125,309 |
| 25 |
$15,873,234 |
$5,833,427
$460,324 |
$9,579,483 |
| 26 |
$16,667,190 |
$6,127,191
$483,349 |
$10,056,650 |
| 27 |
$17,500,386 |
$6,435,473
$507,511 |
$10,557,402 |
| 28 |
$18,375,438 |
$6,759,242
$532,888 |
$11,083,308 |
| 29 |
$19,294,308 |
$7,099,224
$559,535 |
$11,635,549 |
| 30 |
$20,258,958 |
$7,456,145
$587,510 |
$12,215,303 |
|
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