The jackpot for the Powerball draw on Sat Oct 18, 2025, is projected to be $295 Million, with an option for a cash payout of $138.1 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 Oct 18, 2025 |
|---|
| Draw Date | Sat Oct 18, 2025 | | Projected Jackpot | $295,000,000 | | Cash Value | $138,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $138,100,000 | | Federal Tax(24%) | $33,144,000 | | Additional Federal Tax | $17,913,330 | | State Tax(2.9%) | $4,004,900 | | Net Lumpsum Payment | $83,037,770 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,440,045 |
$1,603,147
$128,761 |
$2,708,137 |
| 2 |
$4,662,180 |
$1,685,337
$135,203 |
$2,841,640 |
| 3 |
$4,895,230 |
$1,771,565
$141,962 |
$2,981,703 |
| 4 |
$5,140,080 |
$1,862,160
$149,062 |
$3,128,858 |
| 5 |
$5,397,025 |
$1,957,230
$156,514 |
$3,283,281 |
| 6 |
$5,666,950 |
$2,057,102
$164,342 |
$3,445,506 |
| 7 |
$5,950,150 |
$2,161,886
$172,554 |
$3,615,710 |
| 8 |
$6,247,805 |
$2,272,018
$181,186 |
$3,794,601 |
| 9 |
$6,560,210 |
$2,387,608
$190,246 |
$3,982,356 |
| 10 |
$6,888,250 |
$2,508,983
$199,759 |
$4,179,508 |
| 11 |
$7,232,515 |
$2,636,361
$209,743 |
$4,386,411 |
| 12 |
$7,594,185 |
$2,770,179
$220,231 |
$4,603,775 |
| 13 |
$7,973,850 |
$2,910,655
$231,242 |
$4,831,953 |
| 14 |
$8,372,690 |
$3,058,226
$242,808 |
$5,071,656 |
| 15 |
$8,791,295 |
$3,213,110
$254,948 |
$5,323,237 |
| 16 |
$9,230,845 |
$3,375,743
$267,695 |
$5,587,407 |
| 17 |
$9,692,225 |
$3,546,454
$281,075 |
$5,864,696 |
| 18 |
$10,176,910 |
$3,725,787
$295,130 |
$6,155,993 |
| 19 |
$10,685,785 |
$3,914,071
$309,888 |
$6,461,826 |
| 20 |
$11,220,030 |
$4,111,741
$325,381 |
$6,782,908 |
| 21 |
$11,781,120 |
$4,319,345
$341,652 |
$7,120,123 |
| 22 |
$12,370,235 |
$4,537,317
$358,737 |
$7,474,181 |
| 23 |
$12,988,555 |
$4,766,096
$376,668 |
$7,845,791 |
| 24 |
$13,638,145 |
$5,006,444
$395,506 |
$8,236,195 |
| 25 |
$14,319,890 |
$5,258,690
$415,277 |
$8,645,923 |
| 26 |
$15,036,150 |
$5,523,706
$436,048 |
$9,076,396 |
| 27 |
$15,787,810 |
$5,801,820
$457,846 |
$9,528,144 |
| 28 |
$16,577,230 |
$6,093,905
$480,740 |
$10,002,585 |
| 29 |
$17,406,180 |
$6,400,617
$504,779 |
$10,500,784 |
| 30 |
$18,276,430 |
$6,722,609
$530,016 |
$11,023,805 |
|
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