USA Mega

Oregon Mega Millions Jackpot Annuity Payout Schedule for Sep 30, 2022

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The tax information provided here is based on 2025 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 $355,000,000 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, Sep 30, 2022
Jackpot:$355,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,343,259$1,934,026$528,983$2,880,251
2$5,610,422$2,032,877$555,432$3,022,114
3$5,890,943$2,136,669$583,203$3,171,071
4$6,185,491$2,245,652$612,364$3,327,475
5$6,494,765$2,360,083$642,982$3,491,700
6$6,819,503$2,480,237$675,131$3,664,136
7$7,160,479$2,606,397$708,887$3,845,194
8$7,518,503$2,738,866$744,332$4,035,305
9$7,894,428$2,877,959$781,548$4,234,921
10$8,289,149$3,024,005$820,626$4,444,518
11$8,703,607$3,177,355$861,657$4,664,595
12$9,138,787$3,338,371$904,740$4,895,676
13$9,595,726$3,507,439$949,977$5,138,310
14$10,075,513$3,684,960$997,476$5,393,077
15$10,579,288$3,871,357$1,047,350$5,660,582
16$11,108,253$4,067,074$1,099,717$5,941,462
17$11,663,665$4,272,576$1,154,703$6,236,386
18$12,246,849$4,488,354$1,212,438$6,546,056
19$12,859,191$4,714,921$1,273,060$6,871,210
20$13,502,151$4,952,816$1,336,713$7,212,622
21$14,177,258$5,202,606$1,403,549$7,571,104
22$14,886,121$5,464,885$1,473,726$7,947,510
23$15,630,427$5,740,278$1,547,412$8,342,737
24$16,411,948$6,029,441$1,624,783$8,757,724
25$17,232,546$6,333,062$1,706,022$9,193,461
26$18,094,173$6,651,864$1,791,323$9,650,986
27$18,998,882$6,986,607$1,880,889$10,131,386
28$19,948,826$7,338,086$1,974,934$10,635,806
29$20,946,267$7,707,139$2,073,680$11,165,448
30$21,993,581$8,094,645$2,177,364$11,721,571
Total$355,000,001$130,060,607$35,145,001$189,794,394

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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.