USA Mega

Oregon Mega Millions Jackpot Annuity Payout Schedule for Sep 10, 2024

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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 $810,000,000 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, Sep 10, 2024
Jackpot:$810,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$12,191,662$4,466,872$1,206,975$6,517,815
2$12,801,246$4,692,418$1,267,323$6,841,504
3$13,441,308$4,929,241$1,330,689$7,181,377
4$14,113,374$5,177,905$1,397,224$7,538,244
5$14,819,042$5,439,003$1,467,085$7,912,954
6$15,559,994$5,713,155$1,540,439$8,306,400
7$16,337,994$6,001,015$1,617,461$8,719,518
8$17,154,894$6,303,268$1,698,334$9,153,291
9$18,012,638$6,620,633$1,783,251$9,608,754
10$18,913,270$6,953,867$1,872,414$10,086,989
11$19,858,934$7,303,763$1,966,034$10,589,137
12$20,851,880$7,671,153$2,064,336$11,116,391
13$21,894,474$8,056,913$2,167,553$11,670,009
14$22,989,198$8,461,961$2,275,931$12,251,307
15$24,138,658$8,887,261$2,389,727$12,861,670
16$25,345,591$9,333,826$2,509,214$13,502,552
17$26,612,870$9,802,719$2,634,674$14,175,477
18$27,943,514$10,295,057$2,766,408$14,882,048
19$29,340,689$10,812,012$2,904,728$15,623,949
20$30,807,724$11,354,815$3,049,965$16,402,944
21$32,348,110$11,924,758$3,202,463$17,220,889
22$33,965,515$12,523,198$3,362,586$18,079,731
23$35,663,791$13,151,560$3,530,715$18,981,516
24$37,446,980$13,811,340$3,707,251$19,928,389
25$39,319,329$14,504,109$3,892,614$20,922,607
26$41,285,297$15,231,517$4,087,244$21,966,535
27$43,349,561$15,995,295$4,291,607$23,062,660
28$45,517,039$16,797,262$4,506,187$24,213,590
29$47,792,891$17,639,327$4,731,496$25,422,068
30$50,182,536$18,523,496$4,968,071$26,690,969
Total$810,000,002$298,378,719$80,189,999$431,431,284

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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.