The jackpot for the Powerball draw on Sat Mar 7, 2026, is projected to be $35 Million, with an option for a cash payout of $16.5 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 Sat Mar 7, 2026 |
|---|
| Draw Date | Sat Mar 7, 2026 | | Projected Jackpot | $35,000,000 | | Cash Value | $16,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $16,500,000 | | Federal Tax(24%) | $3,960,000 | | Additional Federal Tax | $2,105,330 | | State Tax(2.9%) | $478,500 | | Net Lumpsum Payment | $9,956,170 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$526,785 |
$155,241
$15,277 |
$356,267 |
| 2 |
$553,140 |
$164,992
$16,041 |
$372,107 |
| 3 |
$580,790 |
$175,223
$16,843 |
$388,724 |
| 4 |
$609,840 |
$185,971
$17,685 |
$406,184 |
| 5 |
$640,325 |
$197,251
$18,569 |
$424,505 |
| 6 |
$672,350 |
$209,100
$19,498 |
$443,752 |
| 7 |
$705,950 |
$221,532
$20,473 |
$463,945 |
| 8 |
$741,265 |
$234,598
$21,497 |
$485,170 |
| 9 |
$778,330 |
$248,312
$22,572 |
$507,446 |
| 10 |
$817,250 |
$262,713
$23,700 |
$530,837 |
| 11 |
$858,095 |
$277,826
$24,885 |
$555,384 |
| 12 |
$901,005 |
$293,702
$26,129 |
$581,174 |
| 13 |
$946,050 |
$310,369
$27,435 |
$608,246 |
| 14 |
$993,370 |
$327,877
$28,808 |
$636,685 |
| 15 |
$1,043,035 |
$346,253
$30,248 |
$666,534 |
| 16 |
$1,095,185 |
$365,549
$31,760 |
$697,876 |
| 17 |
$1,149,925 |
$385,803
$33,348 |
$730,774 |
| 18 |
$1,207,430 |
$407,079
$35,015 |
$765,336 |
| 19 |
$1,267,805 |
$429,418
$36,766 |
$801,621 |
| 20 |
$1,331,190 |
$452,871
$38,605 |
$839,714 |
| 21 |
$1,397,760 |
$477,502
$40,535 |
$879,723 |
| 22 |
$1,467,655 |
$503,363
$42,562 |
$921,730 |
| 23 |
$1,541,015 |
$530,506
$44,689 |
$965,820 |
| 24 |
$1,618,085 |
$559,022
$46,924 |
$1,012,139 |
| 25 |
$1,698,970 |
$588,949
$49,270 |
$1,060,751 |
| 26 |
$1,783,950 |
$620,392
$51,735 |
$1,111,823 |
| 27 |
$1,873,130 |
$653,388
$54,321 |
$1,165,421 |
| 28 |
$1,966,790 |
$688,043
$57,037 |
$1,221,710 |
| 29 |
$2,065,140 |
$724,432
$59,889 |
$1,280,819 |
| 30 |
$2,168,390 |
$762,635
$62,883 |
$1,342,872 |
|
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