USA Mega

Oregon Mega Millions Jackpot Annuity Payout Schedule for May 29, 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 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 $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:Tue, May 29, 2001
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$25,109$13,411$96,943
2$142,236$26,735$14,081$101,420
3$149,348$28,441$14,785$106,121
4$156,815$30,234$15,525$111,057
5$164,656$32,115$16,301$116,240
6$172,889$34,091$17,116$121,682
7$181,533$36,166$17,972$127,395
8$190,610$38,344$18,870$133,395
9$200,140$40,632$19,814$139,695
10$210,147$43,703$20,805$145,640
11$220,655$47,066$21,845$151,744
12$231,688$50,596$22,937$158,154
13$243,272$54,303$24,084$164,885
14$255,436$58,195$25,288$171,952
15$268,207$62,642$26,553$179,013
16$281,618$67,335$27,880$186,402
17$295,699$72,264$29,274$194,161
18$310,483$77,438$30,738$202,307
19$326,008$82,872$32,275$210,861
20$342,308$88,577$33,888$219,842
21$359,423$94,567$35,583$229,273
22$377,395$100,857$37,362$239,175
23$396,264$107,462$39,230$249,572
24$416,078$114,396$41,192$260,489
25$436,881$121,678$43,251$271,952
26$458,726$129,323$45,414$283,989
27$481,662$137,351$47,685$296,626
28$505,745$145,780$50,069$309,896
29$531,032$154,630$52,572$323,829
30$557,584$163,924$55,201$338,459
Total$9,000,000$2,266,826$891,001$5,842,169

◄ 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.