The jackpot for the Powerball draw on Wed Jul 1, 2026, is projected to be $375 Million, with an option for a cash payout of $170.6 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 Wed Jul 1, 2026 |
|---|
| Draw Date | Wed Jul 1, 2026 | | Projected Jackpot | $375,000,000 | | Cash Value | $170,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $170,600,000 | | Federal Tax(24%) | $40,944,000 | | Additional Federal Tax | $22,138,330 | | State Tax(2.9%) | $4,947,400 | | Net Lumpsum Payment | $102,570,270 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,644,125 |
$2,048,657
$163,680 |
$3,431,788 |
| 2 |
$5,926,500 |
$2,153,135
$171,869 |
$3,601,496 |
| 3 |
$6,222,750 |
$2,262,748
$180,460 |
$3,779,542 |
| 4 |
$6,534,000 |
$2,377,910
$189,486 |
$3,966,604 |
| 5 |
$6,860,625 |
$2,498,762
$198,958 |
$4,162,905 |
| 6 |
$7,203,750 |
$2,625,718
$208,909 |
$4,369,123 |
| 7 |
$7,563,750 |
$2,758,918
$219,349 |
$4,585,483 |
| 8 |
$7,942,125 |
$2,898,917
$230,322 |
$4,812,886 |
| 9 |
$8,339,250 |
$3,045,853
$241,838 |
$5,051,559 |
| 10 |
$8,756,250 |
$3,200,143
$253,931 |
$5,302,176 |
| 11 |
$9,193,875 |
$3,362,064
$266,622 |
$5,565,189 |
| 12 |
$9,653,625 |
$3,532,172
$279,955 |
$5,841,498 |
| 13 |
$10,136,250 |
$3,710,743
$293,951 |
$6,131,556 |
| 14 |
$10,643,250 |
$3,898,333
$308,654 |
$6,436,263 |
| 15 |
$11,175,375 |
$4,095,219
$324,086 |
$6,756,070 |
| 16 |
$11,734,125 |
$4,301,957
$340,290 |
$7,091,878 |
| 17 |
$12,320,625 |
$4,518,962
$357,298 |
$7,444,365 |
| 18 |
$12,936,750 |
$4,746,928
$375,166 |
$7,814,656 |
| 19 |
$13,583,625 |
$4,986,272
$393,925 |
$8,203,428 |
| 20 |
$14,262,750 |
$5,237,548
$413,620 |
$8,611,582 |
| 21 |
$14,976,000 |
$5,501,450
$434,304 |
$9,040,246 |
| 22 |
$15,724,875 |
$5,778,534
$456,021 |
$9,490,320 |
| 23 |
$16,510,875 |
$6,069,354
$478,815 |
$9,962,706 |
| 24 |
$17,336,625 |
$6,374,882
$502,762 |
$10,458,981 |
| 25 |
$18,203,250 |
$6,695,533
$527,894 |
$10,979,823 |
| 26 |
$19,113,750 |
$7,032,418
$554,299 |
$11,527,033 |
| 27 |
$20,069,250 |
$7,385,953
$582,008 |
$12,101,289 |
| 28 |
$21,072,750 |
$7,757,248
$611,110 |
$12,704,392 |
| 29 |
$22,126,500 |
$8,147,135
$641,669 |
$13,337,696 |
| 30 |
$23,232,750 |
$8,556,448
$673,750 |
$14,002,552 |
|
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