USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jun 7, 1997

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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 $35,200,000 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:Sat, Jun 7, 1997
Jackpot:$35,200,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$627,619$188,436$62,134$377,049
2$652,724$197,465$64,620$390,639
3$678,833$207,126$67,204$404,503
4$705,987$217,172$69,893$418,922
5$734,226$227,621$72,688$433,917
6$763,595$238,487$75,596$449,512
7$794,139$249,789$78,620$465,730
8$825,904$261,542$81,765$482,598
9$858,941$273,765$85,035$500,140
10$893,298$286,478$88,437$518,384
11$929,030$299,698$91,974$537,358
12$966,191$313,448$95,653$557,090
13$1,004,839$327,748$99,479$577,612
14$1,045,033$342,619$103,458$598,955
15$1,086,834$358,086$107,597$621,152
16$1,130,307$374,171$111,900$644,236
17$1,175,520$390,899$116,376$668,244
18$1,222,540$408,297$121,031$693,212
19$1,271,442$426,391$125,873$719,178
20$1,322,300$445,208$130,908$746,184
21$1,375,192$464,778$136,144$774,269
22$1,430,199$485,131$141,590$803,479
23$1,487,407$506,298$147,253$833,856
24$1,546,904$528,312$153,143$865,449
25$1,608,780$551,206$159,269$898,305
26$1,673,131$575,016$165,640$932,475
27$1,740,056$599,778$172,266$968,013
28$1,809,658$625,531$179,156$1,004,971
29$1,882,045$652,314$186,322$1,043,408
30$1,957,326$680,168$193,775$1,083,383
Total$35,200,000$11,702,978$3,484,799$20,012,223

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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.