USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jan 13, 1999

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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 $58,000,000 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 13, 1999
Jackpot:$58,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,034,146$338,591$102,380$593,174
2$1,075,512$353,897$106,476$615,139
3$1,118,532$369,814$110,735$637,983
4$1,163,273$386,368$115,164$661,741
5$1,209,804$403,585$119,771$686,449
6$1,258,196$421,490$124,561$712,145
7$1,308,524$440,111$129,544$738,869
8$1,360,865$459,477$134,726$766,662
9$1,415,300$479,618$140,115$795,567
10$1,471,912$500,565$145,719$825,628
11$1,530,788$522,349$151,548$856,891
12$1,592,020$545,005$157,610$889,405
13$1,655,701$568,566$163,914$923,220
14$1,721,929$593,071$170,471$958,387
15$1,790,806$618,555$177,290$994,961
16$1,862,438$645,059$184,381$1,032,997
17$1,936,936$672,623$191,757$1,072,556
18$2,014,413$701,290$199,427$1,113,696
19$2,094,990$731,103$207,404$1,156,482
20$2,178,789$762,109$215,700$1,200,980
21$2,265,941$794,355$224,328$1,247,257
22$2,356,578$827,891$233,301$1,295,386
23$2,450,841$862,769$242,633$1,345,440
24$2,548,875$899,041$252,339$1,397,495
25$2,650,830$936,764$262,432$1,451,634
26$2,756,863$975,997$272,929$1,507,937
27$2,867,138$1,016,798$283,847$1,566,493
28$2,981,823$1,059,232$295,201$1,627,391
29$3,101,096$1,103,363$307,009$1,690,725
30$3,225,140$1,149,259$319,289$1,756,592
Total$58,000,000$20,138,715$5,742,001$32,119,282

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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.