USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Sep 14, 1994

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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 Powerball 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 $2,400,000 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:Wed, Sep 14, 1994
Jackpot:$2,400,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$42,792$4,887$4,236$33,669
2$44,504$5,092$4,406$35,006
3$46,284$5,306$4,582$36,396
4$48,135$5,528$4,765$37,842
5$50,061$5,759$4,956$39,346
6$52,063$6,166$5,154$40,743
7$54,146$6,624$5,360$42,161
8$56,312$7,101$5,575$43,636
9$58,564$7,596$5,798$45,170
10$60,907$8,111$6,030$46,765
11$63,343$8,647$6,271$48,425
12$65,877$9,205$6,522$50,150
13$68,512$9,785$6,783$51,945
14$71,252$10,387$7,054$53,811
15$74,102$11,015$7,336$55,752
16$77,066$11,667$7,630$57,770
17$80,149$12,345$7,935$59,870
18$83,355$13,050$8,252$62,053
19$86,689$13,784$8,582$64,323
20$90,157$14,546$8,926$66,685
21$93,763$15,340$9,283$69,141
22$97,514$16,165$9,654$71,695
23$101,414$17,023$10,040$74,351
24$105,471$17,916$10,442$77,114
25$109,690$18,923$10,859$79,907
26$114,077$19,977$11,294$82,807
27$118,640$21,072$11,745$85,823
28$123,386$22,211$12,215$88,960
29$128,321$23,395$12,704$92,222
30$133,454$24,627$13,212$95,615
Total$2,400,000$373,250$237,601$1,789,153

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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.