USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Oct 10, 2001

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $16,500,000 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, Oct 10, 2001
Jackpot:$16,500,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$294,197$71,738$29,125$193,333
2$305,965$75,857$30,290$199,817
3$318,203$80,140$31,502$206,561
4$330,931$84,595$32,762$213,574
5$344,168$89,228$34,073$220,868
6$357,935$94,047$35,436$228,453
7$372,253$99,058$36,853$236,342
8$387,143$104,269$38,327$244,546
9$402,628$109,689$39,860$253,079
10$418,734$115,326$41,455$261,953
11$435,483$121,188$43,113$271,182
12$452,902$127,285$44,837$280,780
13$471,018$133,626$46,631$290,762
14$489,859$140,220$48,496$301,143
15$509,453$147,078$50,436$311,940
16$529,832$154,210$52,453$323,168
17$551,025$161,628$54,551$334,845
18$573,066$169,342$56,734$346,990
19$595,988$177,365$59,003$359,620
20$619,828$185,709$61,363$372,756
21$644,621$194,467$63,817$386,337
22$670,406$204,007$66,370$400,028
23$697,222$213,929$69,025$414,268
24$725,111$224,248$71,786$429,077
25$754,115$234,980$74,657$444,478
26$784,280$246,141$77,644$460,495
27$815,651$257,748$80,749$477,154
28$848,277$269,820$83,979$494,478
29$882,208$282,374$87,339$512,495
30$917,497$295,431$90,832$531,234
Total$16,500,000$4,864,743$1,633,498$10,001,756

◄ Back to Jackpot Analysis

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.