USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Dec 19, 2001

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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 $19,800,000 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, Dec 19, 2001
Jackpot:$19,800,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$353,036$92,332$34,951$225,754
2$367,157$97,274$36,349$233,534
3$381,844$102,415$37,803$241,627
4$397,117$107,760$39,315$250,042
5$413,002$113,320$40,887$258,795
6$429,522$119,102$42,523$267,897
7$446,703$125,115$44,224$277,364
8$464,571$131,369$45,993$287,210
9$483,154$137,873$47,832$297,449
10$502,480$144,637$49,746$308,097
11$522,579$151,672$51,735$319,172
12$543,483$158,988$53,805$330,690
13$565,222$166,597$55,957$342,668
14$587,831$174,510$58,195$355,126
15$611,344$182,740$60,523$368,081
16$635,798$191,298$62,944$381,555
17$661,230$200,612$65,462$395,156
18$687,679$210,398$68,080$409,200
19$715,186$220,576$70,803$423,807
20$743,794$231,161$73,636$438,997
21$773,545$242,169$76,581$454,795
22$804,487$253,617$79,644$471,225
23$836,667$265,524$82,830$488,313
24$870,133$277,907$86,143$506,083
25$904,939$290,785$89,589$524,565
26$941,136$304,178$93,172$543,786
27$978,782$318,106$96,899$563,776
28$1,017,933$332,592$100,775$584,565
29$1,058,650$347,658$104,806$606,186
30$1,100,996$363,326$108,999$628,672
Total$19,800,000$6,055,611$1,960,201$11,784,187

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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.