USA Mega

Oregon Mega Millions Jackpot Annuity Payout Schedule for Oct 28, 2005

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 $147,000,000 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, Oct 28, 2005
Jackpot:$147,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,212,561$774,605$219,044$1,218,913
2$2,323,189$815,537$229,996$1,277,656
3$2,439,348$858,516$241,495$1,339,337
4$2,561,316$903,644$253,570$1,404,102
5$2,689,382$951,028$266,249$1,472,104
6$2,823,851$1,000,782$279,561$1,543,507
7$2,965,043$1,053,023$293,539$1,618,481
8$3,113,296$1,107,877$308,216$1,697,203
9$3,268,960$1,165,473$323,627$1,779,861
10$3,432,408$1,225,948$339,808$1,866,652
11$3,604,029$1,289,448$356,799$1,957,782
12$3,784,230$1,356,122$374,639$2,053,469
13$3,973,442$1,426,131$393,371$2,153,940
14$4,172,114$1,499,639$413,039$2,259,435
15$4,380,719$1,576,823$433,691$2,370,205
16$4,599,755$1,657,867$455,376$2,486,513
17$4,829,743$1,742,962$478,145$2,608,636
18$5,071,230$1,832,312$502,052$2,736,866
19$5,324,792$1,926,130$527,154$2,871,507
20$5,591,031$2,024,639$553,512$3,012,880
21$5,870,583$2,128,073$581,188$3,161,322
22$6,164,112$2,236,679$610,247$3,317,186
23$6,472,318$2,350,715$640,759$3,480,843
24$6,795,933$2,470,453$672,797$3,652,683
25$7,135,730$2,596,177$706,437$3,833,115
26$7,492,517$2,728,188$741,759$4,022,569
27$7,867,143$2,866,800$778,847$4,221,495
28$8,260,500$3,012,342$817,789$4,430,368
29$8,673,525$3,165,161$858,679$4,649,684
30$9,107,201$3,325,622$901,613$4,879,966
Total$147,000,000$53,068,716$14,552,998$79,378,280

◄ 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.