USA Mega

Oregon Mega Millions Jackpot Annuity Payout Schedule for Jan 9, 2001

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

The tax information provided here is based on 2024 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 $39,000,000 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:Tue, Jan 9, 2001
Jackpot:$39,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$587,006$175,827$58,114$353,066
2$616,356$186,240$61,019$369,097
3$647,174$197,642$64,070$385,462
4$679,533$209,615$67,274$402,644
5$713,509$222,186$70,637$420,686
6$749,185$235,386$74,169$439,629
7$786,644$249,246$77,878$459,520
8$825,976$263,799$81,772$480,406
9$867,275$279,080$85,860$502,335
10$910,639$295,124$90,153$525,362
11$956,171$311,971$94,661$549,539
12$1,003,979$329,660$99,394$574,925
13$1,054,178$348,234$104,364$601,581
14$1,106,887$367,736$109,582$629,569
15$1,162,232$388,213$115,061$658,957
16$1,220,343$409,715$120,814$689,815
17$1,281,360$432,291$126,855$722,215
18$1,345,428$455,996$133,197$756,235
19$1,412,700$480,887$139,857$791,956
20$1,483,335$507,022$146,850$829,463
21$1,557,502$534,463$154,193$868,846
22$1,635,377$563,277$161,902$910,197
23$1,717,146$593,532$169,997$953,617
24$1,803,003$625,299$178,497$999,207
25$1,893,153$658,654$187,422$1,047,076
26$1,987,811$693,678$196,793$1,097,340
27$2,087,201$730,452$206,633$1,150,116
28$2,191,561$769,065$216,965$1,205,531
29$2,301,139$809,609$227,813$1,263,717
30$2,416,196$852,180$239,203$1,324,812
Total$39,000,000$13,176,079$3,860,999$21,962,921

◄ Back to Jackpot Analysis

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.