The jackpot for the Powerball draw on Sat Aug 30, 2025, is projected to be $950 Million, with an option for a cash payout of $428.9 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 30, 2025 |
|---|
| Draw Date | Sat Aug 30, 2025 | | Projected Jackpot | $950,000,000 | | Cash Value | $428,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $428,900,000 | | Federal Tax(24%) | $102,936,000 | | Additional Federal Tax | $55,717,330 | | State Tax(2.9%) | $12,438,100 | | Net Lumpsum Payment | $257,808,570 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$14,298,450 |
$5,250,757
$414,655 |
$8,633,038 |
| 2 |
$15,013,800 |
$5,515,436
$435,400 |
$9,062,964 |
| 3 |
$15,764,300 |
$5,793,121
$457,165 |
$9,514,014 |
| 4 |
$16,552,800 |
$6,084,866
$480,031 |
$9,987,903 |
| 5 |
$17,380,250 |
$6,391,023
$504,027 |
$10,485,200 |
| 6 |
$18,249,500 |
$6,712,645
$529,236 |
$11,007,619 |
| 7 |
$19,161,500 |
$7,050,085
$555,684 |
$11,555,731 |
| 8 |
$20,120,050 |
$7,404,749
$583,481 |
$12,131,820 |
| 9 |
$21,126,100 |
$7,776,987
$612,657 |
$12,736,456 |
| 10 |
$22,182,500 |
$8,167,855
$643,293 |
$13,371,352 |
| 11 |
$23,291,150 |
$8,578,056
$675,443 |
$14,037,651 |
| 12 |
$24,455,850 |
$9,008,995
$709,220 |
$14,737,635 |
| 13 |
$25,678,500 |
$9,461,375
$744,677 |
$15,472,448 |
| 14 |
$26,962,900 |
$9,936,603
$781,924 |
$16,244,373 |
| 15 |
$28,310,950 |
$10,435,382
$821,018 |
$17,054,550 |
| 16 |
$29,726,450 |
$10,959,117
$862,067 |
$17,905,266 |
| 17 |
$31,212,250 |
$11,508,863
$905,155 |
$18,798,232 |
| 18 |
$32,773,100 |
$12,086,377
$950,420 |
$19,736,303 |
| 19 |
$34,411,850 |
$12,692,715
$997,944 |
$20,721,191 |
| 20 |
$36,132,300 |
$13,329,281
$1,047,837 |
$21,755,182 |
| 21 |
$37,939,200 |
$13,997,834
$1,100,237 |
$22,841,129 |
| 22 |
$39,836,350 |
$14,699,780
$1,155,254 |
$23,981,316 |
| 23 |
$41,827,550 |
$15,436,524
$1,212,999 |
$25,178,027 |
| 24 |
$43,919,450 |
$16,210,527
$1,273,664 |
$26,435,259 |
| 25 |
$46,114,900 |
$17,022,843
$1,337,332 |
$27,754,725 |
| 26 |
$48,421,500 |
$17,876,285
$1,404,224 |
$29,140,991 |
| 27 |
$50,842,100 |
$18,771,907
$1,474,421 |
$30,595,772 |
| 28 |
$53,384,300 |
$19,712,521
$1,548,145 |
$32,123,634 |
| 29 |
$56,053,800 |
$20,700,236
$1,625,560 |
$33,728,004 |
| 30 |
$58,856,300 |
$21,737,161
$1,706,833 |
$35,412,306 |
|
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