USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Feb 19, 2003

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 $33,500,000 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, Feb 19, 2003
Jackpot:$33,500,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$597,308$177,827$59,134$360,348
2$621,201$186,189$61,499$373,512
3$646,049$194,995$63,959$387,095
4$671,891$204,557$66,517$400,817
5$698,766$214,501$69,178$415,088
6$726,717$224,843$71,945$429,929
7$755,786$235,598$74,823$445,365
8$786,017$246,784$77,816$461,418
9$817,458$258,417$80,928$478,113
10$850,156$270,515$84,165$495,476
11$884,162$283,097$87,532$513,533
12$919,529$296,183$91,033$532,312
13$956,310$309,792$94,675$551,843
14$994,562$323,945$98,462$572,155
15$1,034,345$338,665$102,400$593,280
16$1,075,719$353,973$106,496$615,249
17$1,118,747$369,894$110,756$638,098
18$1,163,497$386,451$115,186$661,860
19$1,210,037$403,671$119,794$686,572
20$1,258,439$421,580$124,585$712,274
21$1,308,776$440,204$129,569$739,003
22$1,361,127$459,574$134,752$766,801
23$1,415,572$479,719$140,142$795,712
24$1,472,195$500,669$145,747$825,778
25$1,531,083$522,458$151,577$857,048
26$1,592,326$545,118$157,640$889,568
27$1,656,019$568,684$163,946$923,389
28$1,722,260$593,193$170,504$958,563
29$1,791,150$618,683$177,324$995,144
30$1,862,796$645,192$184,417$1,033,188
Total$33,500,000$11,074,971$3,316,501$19,108,531

◄ 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.