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Jackpot Analysis For North Dakota Powerball
MIE, 10/02/2010 Annuity Cash
Jackpot Amount  $20,000,000  $9,900,000 
Gross Prize  30 Annual Payments of $666,666  Lump-Sum Cash $9,900,000 
Less 25% Federal Tax  -$166,666  -$2,475,000 
No State Tax on Lottery Prizes   No State Tax   No State Tax
Yearly Net Pay: $500,000 
Total Pay After 30 payments:
$15,000,000 
Lump-Sum Net Payout: $7,425,000 
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