USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Oct 5, 2005

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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 $178,900,000 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 5, 2005
Jackpot:$178,900,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,189,805$1,136,185$315,791$1,737,829
2$3,317,397$1,183,394$328,422$1,805,581
3$3,450,093$1,232,492$341,559$1,876,042
4$3,588,097$1,283,553$355,222$1,949,322
5$3,731,620$1,336,657$369,430$2,025,533
6$3,880,885$1,391,885$384,208$2,104,793
7$4,036,121$1,449,322$399,576$2,187,223
8$4,197,565$1,509,056$415,559$2,272,950
9$4,365,468$1,571,180$432,181$2,362,106
10$4,540,087$1,635,789$449,469$2,454,829
11$4,721,690$1,702,983$467,447$2,551,260
12$4,910,558$1,772,864$486,145$2,651,549
13$5,106,980$1,845,540$505,591$2,755,849
14$5,311,259$1,921,123$525,815$2,864,321
15$5,523,710$1,999,730$546,847$2,977,133
16$5,744,658$2,081,481$568,721$3,094,456
17$5,974,444$2,166,502$591,470$3,216,473
18$6,213,422$2,254,923$615,129$3,343,370
19$6,461,959$2,346,882$639,734$3,475,343
20$6,720,437$2,442,519$665,323$3,612,595
21$6,989,255$2,541,982$691,936$3,755,337
22$7,268,825$2,645,423$719,614$3,903,789
23$7,559,578$2,753,001$748,398$4,058,179
24$7,861,961$2,864,883$778,334$4,218,744
25$8,176,440$2,981,240$809,468$4,385,732
26$8,503,497$3,102,251$841,846$4,559,400
27$8,843,637$3,228,103$875,520$4,740,014
28$9,197,383$3,358,989$910,541$4,927,853
29$9,565,278$3,495,110$946,963$5,123,205
30$9,947,889$3,636,676$984,841$5,326,372
Total$178,900,000$64,871,718$17,711,100$96,317,182

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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.