USA Mega

Oregon Mega Millions Jackpot Annuity Payout Schedule for Jul 17, 2018

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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 $375,000,000 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, Jul 17, 2018
Jackpot:$375,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,644,288$2,044,344$558,785$3,041,160
2$5,926,503$2,148,763$586,724$3,191,016
3$6,222,828$2,258,403$616,060$3,348,364
4$6,533,969$2,373,526$646,863$3,513,580
5$6,860,667$2,494,404$679,206$3,687,057
6$7,203,701$2,621,327$713,166$3,869,208
7$7,563,886$2,754,595$748,825$4,060,466
8$7,942,080$2,894,527$786,266$4,261,287
9$8,339,184$3,041,455$825,579$4,472,150
10$8,756,144$3,195,730$866,858$4,693,555
11$9,193,951$3,357,719$910,201$4,926,031
12$9,653,648$3,527,807$955,711$5,170,130
13$10,136,331$3,706,400$1,003,497$5,426,434
14$10,643,147$3,893,922$1,053,672$5,695,554
15$11,175,305$4,090,820$1,106,355$5,978,129
16$11,734,070$4,297,563$1,161,673$6,274,834
17$12,320,773$4,514,643$1,219,757$6,586,373
18$12,936,812$4,742,578$1,280,744$6,913,490
19$13,583,652$4,981,909$1,344,782$7,256,962
20$14,262,835$5,233,206$1,412,021$7,617,608
21$14,975,977$5,497,069$1,482,622$7,996,286
22$15,724,776$5,774,124$1,556,753$8,393,899
23$16,511,015$6,065,033$1,634,590$8,811,391
24$17,336,565$6,370,486$1,716,320$9,249,759
25$18,203,393$6,691,213$1,802,136$9,710,045
26$19,113,563$7,027,976$1,892,243$10,193,345
27$20,069,241$7,381,577$1,986,855$10,700,810
28$21,072,703$7,752,857$2,086,198$11,233,648
29$22,126,338$8,142,702$2,190,507$11,793,128
30$23,232,656$8,552,040$2,300,033$12,380,583
Total$375,000,001$137,428,718$37,125,002$200,446,282

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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.