USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Aug 7, 2002

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

The tax information provided here is based on 2025 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 $22,100,000 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, Aug 7, 2002
Jackpot:$22,100,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$394,045$107,463$39,010$247,572
2$409,807$112,980$40,571$256,256
3$426,199$118,717$42,194$265,289
4$443,247$124,684$43,881$274,682
5$460,977$130,889$45,637$284,451
6$479,416$137,343$47,462$294,611
7$498,593$144,055$49,361$305,177
8$518,537$151,035$51,335$316,166
9$539,278$158,295$53,389$327,595
10$560,849$165,844$55,524$339,481
11$583,283$173,696$57,745$351,842
12$606,614$181,862$60,055$364,697
13$630,879$190,445$62,457$377,977
14$656,114$199,783$64,955$391,376
15$682,359$209,493$67,554$405,312
16$709,653$219,592$70,256$419,806
17$738,039$230,095$73,066$434,879
18$767,561$241,018$75,989$450,555
19$798,263$252,378$79,028$466,858
20$830,194$264,192$82,189$483,813
21$863,402$276,479$85,477$501,446
22$897,938$289,257$88,896$519,785
23$933,855$302,547$92,452$538,857
24$971,209$316,368$96,150$558,692
25$1,010,058$330,742$99,996$579,320
26$1,050,460$345,690$103,996$600,774
27$1,092,478$361,237$108,155$623,086
28$1,136,178$377,406$112,482$646,290
29$1,181,625$394,221$116,981$670,422
30$1,228,890$411,709$121,660$695,520
Total$22,100,000$6,919,515$2,187,903$12,992,587

◄ 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.