USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Apr 10, 2002

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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 $16,600,000 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, Apr 10, 2002
Jackpot:$16,600,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$295,980$72,362$29,302$194,316
2$307,819$76,506$30,474$200,839
3$320,132$80,815$31,693$207,623
4$332,937$85,297$32,961$214,679
5$346,254$89,958$34,279$222,017
6$360,104$94,806$35,650$229,648
7$374,509$99,847$37,076$237,585
8$389,489$105,090$38,559$245,839
9$405,069$110,543$40,102$254,424
10$421,271$116,214$41,706$263,351
11$438,122$122,112$43,374$272,636
12$455,647$128,246$45,109$282,292
13$473,873$134,625$46,913$292,335
14$492,828$141,259$48,790$302,779
15$512,541$148,159$50,742$313,641
16$533,043$155,334$52,771$324,937
17$554,364$162,797$54,882$336,685
18$576,539$170,558$57,077$348,904
19$599,600$178,629$59,360$361,611
20$623,584$187,024$61,735$374,826
21$648,528$195,913$64,204$388,411
22$674,469$205,511$66,772$402,186
23$701,448$215,493$69,443$416,511
24$729,506$225,874$72,221$431,410
25$758,686$236,671$75,110$446,905
26$789,033$247,900$78,114$463,019
27$820,595$259,577$81,239$479,778
28$853,418$271,722$84,488$497,208
29$887,555$284,353$87,868$515,335
30$923,057$297,488$91,383$534,186
Total$16,600,000$4,900,683$1,643,397$10,055,916

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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.