USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jun 24, 2000

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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 $22,400,000 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:Sat, Jun 24, 2000
Jackpot:$22,400,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$399,394$108,557$39,540$251,297
2$415,370$114,149$41,122$260,100
3$431,985$119,964$42,766$269,254
4$449,264$126,012$44,477$278,775
5$467,235$132,301$46,256$288,677
6$485,924$138,843$48,106$298,975
7$505,361$145,646$50,031$309,685
8$525,576$152,721$52,032$320,823
9$546,599$160,079$54,113$332,407
10$568,463$167,731$56,278$344,454
11$591,201$175,690$58,529$356,983
12$614,849$183,966$60,870$370,013
13$639,443$192,574$63,305$383,564
14$665,021$202,015$65,837$397,169
15$691,622$211,857$68,471$411,294
16$719,286$222,093$71,209$425,984
17$748,058$232,739$74,058$441,261
18$777,980$243,810$77,020$457,150
19$809,099$255,324$80,101$473,675
20$841,463$267,299$83,305$490,860
21$875,122$279,752$86,637$508,732
22$910,127$292,704$90,103$527,320
23$946,532$306,174$93,707$546,651
24$984,393$320,183$97,455$566,756
25$1,023,769$334,752$101,353$587,664
26$1,064,720$349,904$105,407$609,409
27$1,107,308$365,661$109,624$632,024
28$1,151,601$382,050$114,008$655,543
29$1,197,665$399,093$118,569$680,003
30$1,245,571$416,819$123,312$705,441
Total$22,400,000$7,000,462$2,217,601$13,181,943

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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.