The jackpot for the Powerball draw on Sat Jun 21, 2025, is projected to be $118 Million, with an option for a cash payout of $53.4 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 Jun 21, 2025 |
|---|
| Draw Date | Sat Jun 21, 2025 | | Projected Jackpot | $118,000,000 | | Cash Value | $53,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $53,400,000 | | Federal Tax(24%) | $12,816,000 | | Additional Federal Tax | $6,902,330 | | State Tax(2.9%) | $1,548,600 | | Net Lumpsum Payment | $32,133,070 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$1,776,018 |
$617,457
$51,505 |
$1,107,056 |
| 2 |
$1,864,872 |
$650,333
$54,081 |
$1,160,458 |
| 3 |
$1,958,092 |
$684,824
$56,785 |
$1,216,483 |
| 4 |
$2,056,032 |
$721,062
$59,625 |
$1,275,345 |
| 5 |
$2,158,810 |
$759,090
$62,605 |
$1,337,115 |
| 6 |
$2,266,780 |
$799,039
$65,737 |
$1,402,004 |
| 7 |
$2,380,060 |
$840,953
$69,022 |
$1,470,085 |
| 8 |
$2,499,122 |
$885,006
$72,475 |
$1,541,641 |
| 9 |
$2,624,084 |
$931,241
$76,098 |
$1,616,745 |
| 10 |
$2,755,300 |
$979,791
$79,904 |
$1,695,605 |
| 11 |
$2,893,006 |
$1,030,743
$83,897 |
$1,778,366 |
| 12 |
$3,037,674 |
$1,084,270
$88,093 |
$1,865,311 |
| 13 |
$3,189,540 |
$1,140,460
$92,497 |
$1,956,583 |
| 14 |
$3,349,076 |
$1,199,489
$97,123 |
$2,052,464 |
| 15 |
$3,516,518 |
$1,261,442
$101,979 |
$2,153,097 |
| 16 |
$3,692,338 |
$1,326,495
$107,078 |
$2,258,765 |
| 17 |
$3,876,890 |
$1,394,780
$112,430 |
$2,369,680 |
| 18 |
$4,070,764 |
$1,466,513
$118,052 |
$2,486,199 |
| 19 |
$4,274,314 |
$1,541,827
$123,955 |
$2,608,532 |
| 20 |
$4,488,012 |
$1,620,895
$130,152 |
$2,736,965 |
| 21 |
$4,712,448 |
$1,703,936
$136,661 |
$2,871,851 |
| 22 |
$4,948,094 |
$1,791,125
$143,495 |
$3,013,474 |
| 23 |
$5,195,422 |
$1,882,637
$150,667 |
$3,162,118 |
| 24 |
$5,455,258 |
$1,978,776
$158,202 |
$3,318,280 |
| 25 |
$5,727,956 |
$2,079,674
$166,111 |
$3,482,171 |
| 26 |
$6,014,460 |
$2,185,681
$174,419 |
$3,654,360 |
| 27 |
$6,315,124 |
$2,296,926
$183,139 |
$3,835,059 |
| 28 |
$6,630,892 |
$2,413,760
$192,296 |
$4,024,836 |
| 29 |
$6,962,472 |
$2,536,445
$201,912 |
$4,224,115 |
| 30 |
$7,310,572 |
$2,665,242
$212,007 |
$4,433,323 |
|
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