USA Mega
Home of Mega Millions and Powerball, the USA's biggest multi-state lottery games.
Marketplace

Mega Millions Annuity Jackpot Analysis for Oregon (Nov. 2, 2018 Drawing)

Media: You may freely use any information on this page, but you must credit www.usamega.com.

The Mega Millions annuity jackpot is awarded according to an increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $52,000,000 would be for a resident of Oregon, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the final tax burden, which may vary depending on how the winner chooses to invest or dispense their prize money.  (For example, if the winner gave all their fortune to charity, they may actually end up getting money back that was initially withheld, whereas someone who buys a new mansion and a fleet of new cars would probably end up owing more taxes than shown.)

State:

Oregon

Drawing Date:  Nov. 2, 2018
Jackpot:$52,000,000
Federal Tax:  24%
State Tax:8.00%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$782,675$187,842$62,614$532,219
2$821,808$197,234$65,745$558,830
3$862,899$207,096$69,032$586,771
4$906,044$217,450$72,483$616,110
5$951,346$228,323$76,108$646,915
6$998,913$239,739$79,913$679,261
7$1,048,859$251,726$83,909$713,224
8$1,101,302$264,312$88,104$748,885
9$1,156,367$277,528$92,509$786,329
10$1,214,185$291,404$97,135$825,646
11$1,274,895$305,975$101,992$866,928
12$1,338,639$321,273$107,091$910,275
13$1,405,571$337,337$112,446$955,788
14$1,475,850$354,204$118,068$1,003,578
15$1,549,642$371,914$123,971$1,053,757
16$1,627,124$390,510$130,170$1,106,445
17$1,708,481$410,035$136,678$1,161,767
18$1,793,905$430,537$143,512$1,219,855
19$1,883,600$452,064$150,688$1,280,848
20$1,977,780$474,667$158,222$1,344,890
21$2,076,669$498,401$166,134$1,412,135
22$2,180,502$523,321$174,440$1,482,742
23$2,289,527$549,487$183,162$1,556,879
24$2,404,004$576,961$192,320$1,634,723
25$2,524,204$605,809$201,936$1,716,459
26$2,650,414$636,099$212,033$1,802,282
27$2,782,935$667,904$222,635$1,892,396
28$2,922,082$701,300$233,767$1,987,015
29$3,068,186$736,365$245,455$2,086,366
30$3,221,595$773,183$257,728$2,190,685
Total$52,000,000$12,480,000$4,160,000$35,360,000
<( Back )Mega Millions Jackpot Analysis
(Current Drawing)
Top ^



Accuracy Statement  |  Advertise  |  Privacy Policy  |  Site Map  |  DMCA  |  Terms of Use
Copyright © 1999-2019 Speednet Group.  All rights reserved.