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Oregon Mega Millions Jackpot Annuity Payout Schedule for Feb 7, 2025

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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 $94,000,000 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, Feb 7, 2025
Jackpot:$94,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,414,835$480,509$140,069$794,257
2$1,485,577$506,684$147,072$831,821
3$1,559,855$534,167$154,426$871,263
4$1,637,848$563,024$162,147$912,677
5$1,719,741$593,324$170,254$956,162
6$1,805,728$625,139$178,767$1,001,821
7$1,896,014$658,545$187,705$1,049,763
8$1,990,815$693,622$197,091$1,100,102
9$2,090,356$730,452$206,945$1,152,959
10$2,194,873$769,123$217,292$1,208,457
11$2,304,617$809,729$228,157$1,266,731
12$2,419,848$852,364$239,565$1,327,919
13$2,540,840$897,131$251,543$1,392,166
14$2,667,882$944,137$264,120$1,459,625
15$2,801,276$993,492$277,326$1,530,457
16$2,941,340$1,045,316$291,193$1,604,831
17$3,088,407$1,099,731$305,752$1,682,924
18$3,242,828$1,156,866$321,040$1,764,921
19$3,404,969$1,216,859$337,092$1,851,018
20$3,575,217$1,279,851$353,947$1,941,420
21$3,753,978$1,345,992$371,644$2,036,342
22$3,941,677$1,415,441$390,226$2,136,010
23$4,138,761$1,488,362$409,737$2,240,662
24$4,345,699$1,564,929$430,224$2,350,546
25$4,562,984$1,645,324$451,735$2,465,924
26$4,791,133$1,729,740$474,322$2,587,071
27$5,030,690$1,818,375$498,038$2,714,276
28$5,282,224$1,911,443$522,940$2,847,841
29$5,546,335$2,009,164$549,087$2,988,084
30$5,823,652$2,111,772$576,542$3,135,339
Total$94,000,000$33,490,607$9,305,998$51,203,389

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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.