USA Mega

Oregon Mega Millions Jackpot Annuity Payout Schedule for Apr 13, 2001

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The tax information provided here is based on 2026 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 $38,000,000 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, Apr 13, 2001
Jackpot:$38,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$571,955$168,953$56,623$346,378
2$600,552$178,963$59,455$362,135
3$630,580$189,472$62,427$378,680
4$662,109$200,938$65,549$395,623
5$695,214$213,187$68,826$413,202
6$729,975$226,048$72,268$431,659
7$766,474$239,553$75,881$451,040
8$804,797$253,732$79,675$471,390
9$845,037$268,621$83,659$492,758
10$887,289$284,254$87,842$515,193
11$931,654$300,669$92,234$538,751
12$978,236$317,905$96,845$563,486
13$1,027,148$336,002$101,688$589,458
14$1,078,506$355,004$106,772$616,729
15$1,132,431$374,957$112,111$645,364
16$1,189,052$395,907$117,716$675,430
17$1,248,505$417,904$123,602$706,999
18$1,310,930$441,001$129,782$740,147
19$1,376,477$465,254$136,271$774,952
20$1,445,301$490,718$143,085$811,497
21$1,517,566$517,457$150,239$849,870
22$1,593,444$545,532$157,751$890,161
23$1,673,116$575,010$165,638$932,467
24$1,756,772$605,963$173,920$976,889
25$1,844,611$638,463$182,616$1,023,531
26$1,936,841$672,588$191,747$1,072,505
27$2,033,683$708,420$201,335$1,123,928
28$2,135,367$746,043$211,401$1,177,923
29$2,242,136$785,547$221,971$1,234,617
30$2,354,242$827,027$233,070$1,294,145
Total$38,000,000$12,741,092$3,761,999$21,496,907

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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.