The jackpot for the Powerball draw on Sat Apr 19, 2025, is projected to be $131 Million, with an option for a cash payout of $58.6 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 19, 2025 |
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Draw Date | Sat Apr 19, 2025 | Projected Jackpot | $131,000,000 | Cash Value | $58,600,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $58,600,000 | Federal Tax(24%) | $14,064,000 | Additional Federal Tax | $7,578,330 | State Tax(2.9%) | $1,699,400 | Net Lumpsum Payment | $35,258,270 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$1,971,681 |
$689,852 $57,179 |
$1,224,650 |
2 |
$2,070,324 |
$726,350 $60,039 |
$1,283,935 |
3 |
$2,173,814 |
$764,642 $63,041 |
$1,346,131 |
4 |
$2,282,544 |
$804,872 $66,194 |
$1,411,478 |
5 |
$2,396,645 |
$847,089 $69,503 |
$1,480,053 |
6 |
$2,516,510 |
$891,439 $72,979 |
$1,552,092 |
7 |
$2,642,270 |
$937,970 $76,626 |
$1,627,674 |
8 |
$2,774,449 |
$986,877 $80,459 |
$1,707,113 |
9 |
$2,913,178 |
$1,038,206 $84,482 |
$1,790,490 |
10 |
$3,058,850 |
$1,092,105 $88,707 |
$1,878,038 |
11 |
$3,211,727 |
$1,148,669 $93,140 |
$1,969,918 |
12 |
$3,372,333 |
$1,208,094 $97,798 |
$2,066,441 |
13 |
$3,540,930 |
$1,270,474 $102,687 |
$2,167,769 |
14 |
$3,718,042 |
$1,336,006 $107,823 |
$2,274,213 |
15 |
$3,903,931 |
$1,404,785 $113,214 |
$2,385,932 |
16 |
$4,099,121 |
$1,477,005 $118,875 |
$2,503,241 |
17 |
$4,304,005 |
$1,552,812 $124,816 |
$2,626,377 |
18 |
$4,519,238 |
$1,632,448 $131,058 |
$2,755,732 |
19 |
$4,745,213 |
$1,716,059 $137,611 |
$2,891,543 |
20 |
$4,982,454 |
$1,803,838 $144,491 |
$3,034,125 |
21 |
$5,231,616 |
$1,896,028 $151,717 |
$3,183,871 |
22 |
$5,493,223 |
$1,992,823 $159,303 |
$3,341,097 |
23 |
$5,767,799 |
$2,094,416 $167,266 |
$3,506,117 |
24 |
$6,056,261 |
$2,201,147 $175,632 |
$3,679,482 |
25 |
$6,359,002 |
$2,313,161 $184,411 |
$3,861,430 |
26 |
$6,677,070 |
$2,430,846 $193,635 |
$4,052,589 |
27 |
$7,010,858 |
$2,554,348 $203,315 |
$4,253,195 |
28 |
$7,361,414 |
$2,684,054 $213,481 |
$4,463,879 |
29 |
$7,729,524 |
$2,820,254 $224,156 |
$4,685,114 |
30 |
$8,115,974 |
$2,963,241 $235,363 |
$4,917,370 |
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