The jackpot for the Powerball draw on Wed Oct 21, 2026, is projected to be $635 Million, with an option for a cash payout of $267.5 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 21, 2026 |
|---|
| Draw Date | Wed Oct 21, 2026 | | Projected Jackpot | $635,000,000 | | Cash Value | $267,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $267,500,000 | | Federal Tax(24%) | $64,200,000 | | Additional Federal Tax | $34,735,330 | | State Tax(2.9%) | $7,757,500 | | Net Lumpsum Payment | $160,807,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$9,557,385 |
$3,496,563
$277,164 |
$5,783,658 |
| 2 |
$10,035,540 |
$3,673,480
$291,031 |
$6,071,029 |
| 3 |
$10,537,190 |
$3,859,091
$305,579 |
$6,372,520 |
| 4 |
$11,064,240 |
$4,054,099
$320,863 |
$6,689,278 |
| 5 |
$11,617,325 |
$4,258,741
$336,902 |
$7,021,682 |
| 6 |
$12,198,350 |
$4,473,720
$353,752 |
$7,370,878 |
| 7 |
$12,807,950 |
$4,699,272
$371,431 |
$7,737,247 |
| 8 |
$13,448,665 |
$4,936,336
$390,011 |
$8,122,318 |
| 9 |
$14,121,130 |
$5,185,148
$409,513 |
$8,526,469 |
| 10 |
$14,827,250 |
$5,446,413
$429,990 |
$8,950,847 |
| 11 |
$15,568,295 |
$5,720,600
$451,481 |
$9,396,214 |
| 12 |
$16,346,805 |
$6,008,648
$474,057 |
$9,864,100 |
| 13 |
$17,164,050 |
$6,311,029
$497,757 |
$10,355,264 |
| 14 |
$18,022,570 |
$6,628,681
$522,655 |
$10,871,234 |
| 15 |
$18,923,635 |
$6,962,075
$548,785 |
$11,412,775 |
| 16 |
$19,869,785 |
$7,312,151
$576,224 |
$11,981,410 |
| 17 |
$20,862,925 |
$7,679,613
$605,025 |
$12,578,287 |
| 18 |
$21,906,230 |
$8,065,635
$635,281 |
$13,205,314 |
| 19 |
$23,001,605 |
$8,470,924
$667,047 |
$13,863,634 |
| 20 |
$24,151,590 |
$8,896,419
$700,396 |
$14,554,775 |
| 21 |
$25,359,360 |
$9,343,294
$735,421 |
$15,280,645 |
| 22 |
$26,627,455 |
$9,812,489
$772,196 |
$16,042,770 |
| 23 |
$27,958,415 |
$10,304,944
$810,794 |
$16,842,677 |
| 24 |
$29,356,685 |
$10,822,304
$851,344 |
$17,683,037 |
| 25 |
$30,824,170 |
$11,365,273
$893,901 |
$18,564,996 |
| 26 |
$32,365,950 |
$11,935,732
$938,613 |
$19,491,605 |
| 27 |
$33,983,930 |
$12,534,384
$985,534 |
$20,464,012 |
| 28 |
$35,683,190 |
$13,163,111
$1,034,813 |
$21,485,266 |
| 29 |
$37,467,540 |
$13,823,320
$1,086,559 |
$22,557,661 |
| 30 |
$39,340,790 |
$14,516,423
$1,140,883 |
$23,683,484 |
|
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