USA Mega

Oregon Mega Millions Jackpot Annuity Payout Schedule for Dec 6, 1996

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The tax information provided here is based on 2025 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Mega Millions annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $9,000,000 for a ticket purchased in 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 exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Oregon

Drawing Date:Fri, Dec 6, 1996
Jackpot:$9,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$135,463$25,358$13,411$96,694
2$142,236$26,984$14,081$101,171
3$149,348$28,690$14,785$105,872
4$156,815$30,483$15,525$110,808
5$164,656$32,364$16,301$115,991
6$172,889$34,340$17,116$121,433
7$181,533$36,415$17,972$127,146
8$190,610$38,593$18,870$133,146
9$200,140$41,108$19,814$139,219
10$210,147$44,310$20,805$145,033
11$220,655$47,673$21,845$151,137
12$231,688$51,203$22,937$157,547
13$243,272$54,910$24,084$164,278
14$255,436$58,950$25,288$171,198
15$268,207$63,420$26,553$178,235
16$281,618$68,113$27,880$185,624
17$295,699$73,042$29,274$193,383
18$310,483$78,216$30,738$201,529
19$326,008$83,650$32,275$210,083
20$342,308$89,355$33,888$219,064
21$359,423$95,345$35,583$228,495
22$377,395$101,635$37,362$238,397
23$396,264$108,240$39,230$248,794
24$416,078$115,174$41,192$259,711
25$436,881$122,456$43,251$271,174
26$458,726$130,101$45,414$283,211
27$481,662$138,129$47,685$295,848
28$505,745$146,558$50,069$309,118
29$531,032$155,408$52,572$323,051
30$557,584$164,702$55,201$337,681
Total$9,000,000$2,284,925$891,001$5,824,071

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.