USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Sep 20, 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 $19,200,000 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, Sep 20, 1997
Jackpot:$19,200,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$342,338$88,588$33,891$219,859
2$356,031$93,380$35,247$227,404
3$370,273$98,365$36,657$235,251
4$385,084$103,549$38,123$243,412
5$400,487$108,940$39,648$251,899
6$416,506$114,546$41,234$260,726
7$433,167$120,378$42,883$269,906
8$450,493$126,442$44,599$279,453
9$468,513$132,749$46,383$289,381
10$487,254$139,308$48,238$299,707
11$506,744$146,130$50,168$310,447
12$527,013$153,224$52,174$321,615
13$548,094$160,602$54,261$333,231
14$570,018$168,275$56,432$345,311
15$592,818$176,256$58,689$357,874
16$616,531$184,555$61,037$370,939
17$641,192$193,198$63,478$384,516
18$666,840$202,688$66,017$398,135
19$693,514$212,557$68,658$412,299
20$721,254$222,821$71,404$427,029
21$750,105$233,496$74,260$442,348
22$780,109$244,597$77,231$458,280
23$811,313$256,143$80,320$474,850
24$843,766$268,151$83,533$492,082
25$877,516$280,638$86,874$510,004
26$912,617$293,625$90,349$528,642
27$949,121$307,132$93,963$548,026
28$987,086$321,179$97,722$568,186
29$1,026,570$335,788$101,630$589,151
30$1,067,633$350,981$105,696$610,956
Total$19,200,000$5,838,281$1,900,799$11,460,919

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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.