The jackpot for the Powerball draw on Sat Aug 9, 2025, is projected to be $482 Million, with an option for a cash payout of $218.9 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 Aug 9, 2025 |
|---|
| Draw Date | Sat Aug 9, 2025 | | Projected Jackpot | $482,000,000 | | Cash Value | $218,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $218,900,000 | | Federal Tax(24%) | $52,536,000 | | Additional Federal Tax | $28,417,330 | | State Tax(2.9%) | $6,348,100 | | Net Lumpsum Payment | $131,598,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,254,582 |
$2,644,526
$210,383 |
$4,399,673 |
| 2 |
$7,617,528 |
$2,778,816
$220,908 |
$4,617,804 |
| 3 |
$7,998,308 |
$2,919,704
$231,951 |
$4,846,653 |
| 4 |
$8,398,368 |
$3,067,727
$243,553 |
$5,087,088 |
| 5 |
$8,818,190 |
$3,223,061
$255,728 |
$5,339,401 |
| 6 |
$9,259,220 |
$3,386,242
$268,517 |
$5,604,461 |
| 7 |
$9,721,940 |
$3,557,448
$281,936 |
$5,882,556 |
| 8 |
$10,208,278 |
$3,737,393
$296,040 |
$6,174,845 |
| 9 |
$10,718,716 |
$3,926,255
$310,843 |
$6,481,618 |
| 10 |
$11,254,700 |
$4,124,569
$326,386 |
$6,803,745 |
| 11 |
$11,817,194 |
$4,332,692
$342,699 |
$7,141,803 |
| 12 |
$12,408,126 |
$4,551,337
$359,836 |
$7,496,953 |
| 13 |
$13,028,460 |
$4,780,861
$377,825 |
$7,869,774 |
| 14 |
$13,680,124 |
$5,021,976
$396,724 |
$8,261,424 |
| 15 |
$14,364,082 |
$5,275,041
$416,558 |
$8,672,483 |
| 16 |
$15,082,262 |
$5,540,767
$437,386 |
$9,104,109 |
| 17 |
$15,836,110 |
$5,819,691
$459,247 |
$9,557,172 |
| 18 |
$16,628,036 |
$6,112,704
$482,213 |
$10,033,119 |
| 19 |
$17,459,486 |
$6,420,340
$506,325 |
$10,532,821 |
| 20 |
$18,332,388 |
$6,743,314
$531,639 |
$11,057,435 |
| 21 |
$19,249,152 |
$7,082,517
$558,225 |
$11,608,410 |
| 22 |
$20,211,706 |
$7,438,662
$586,139 |
$12,186,905 |
| 23 |
$21,221,978 |
$7,812,462
$615,437 |
$12,794,079 |
| 24 |
$22,283,342 |
$8,205,167
$646,217 |
$13,431,958 |
| 25 |
$23,397,244 |
$8,617,311
$678,520 |
$14,101,413 |
| 26 |
$24,567,540 |
$9,050,320
$712,459 |
$14,804,761 |
| 27 |
$25,795,676 |
$9,504,731
$748,075 |
$15,542,870 |
| 28 |
$27,085,508 |
$9,981,968
$785,480 |
$16,318,060 |
| 29 |
$28,439,928 |
$10,483,104
$824,758 |
$17,132,066 |
| 30 |
$29,861,828 |
$11,009,207
$865,993 |
$17,986,628 |
|
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