USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jan 10, 1996

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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 $37,000,000 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:Wed, Jan 10, 1996
Jackpot:$37,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$659,714$200,051$65,312$394,351
2$686,102$209,815$67,924$408,363
3$713,546$219,969$70,641$422,936
4$742,088$230,530$73,467$438,092
5$771,772$241,513$76,405$453,854
6$802,643$252,935$79,462$470,246
7$834,748$264,814$82,640$487,294
8$868,138$277,168$85,946$505,024
9$902,864$290,017$89,384$523,463
10$938,978$303,379$92,959$542,640
11$976,537$317,276$96,677$562,584
12$1,015,599$331,729$100,544$583,326
13$1,056,223$346,760$104,566$604,897
14$1,098,472$362,392$108,749$627,331
15$1,142,411$378,649$113,099$650,663
16$1,188,107$395,557$117,623$674,928
17$1,235,631$413,141$122,328$700,163
18$1,285,057$431,428$127,221$726,408
19$1,336,459$450,447$132,309$753,702
20$1,389,917$470,227$137,602$782,089
21$1,445,514$490,797$143,106$811,611
22$1,503,334$512,191$148,830$842,313
23$1,563,468$534,440$154,783$874,244
24$1,626,007$557,580$160,975$907,452
25$1,691,047$581,645$167,414$941,989
26$1,758,689$606,672$174,110$977,906
27$1,829,036$632,701$181,075$1,015,261
28$1,902,198$659,770$188,318$1,054,110
29$1,978,286$687,923$195,850$1,094,512
30$2,057,417$717,202$203,684$1,136,531
Total$37,000,000$12,368,718$3,663,003$20,968,283

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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.