USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Mar 2, 2005

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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 $12,300,000 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, Mar 2, 2005
Jackpot:$12,300,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$219,310$47,242$21,712$150,356
2$228,083$50,049$22,580$155,453
3$237,206$52,969$23,483$160,754
4$246,694$56,005$24,423$166,266
5$256,562$59,344$25,400$171,818
6$266,824$62,936$26,416$177,473
7$277,497$66,671$27,472$183,354
8$288,597$70,556$28,571$189,470
9$300,141$74,597$29,714$195,831
10$312,147$78,799$30,903$202,446
11$324,633$83,169$32,139$209,325
12$337,618$87,714$33,424$216,480
13$351,123$92,440$34,761$223,921
14$365,168$97,356$36,152$231,660
15$379,774$102,468$37,598$239,708
16$394,965$107,785$39,102$248,079
17$410,764$113,315$40,666$256,784
18$427,194$119,065$42,292$265,837
19$444,282$125,046$43,984$275,252
20$462,054$131,266$45,743$285,044
21$480,536$137,735$47,573$295,228
22$499,757$144,462$49,476$305,819
23$519,747$151,459$51,455$316,834
24$540,537$158,735$53,513$328,289
25$562,159$166,303$55,654$340,202
26$584,645$174,173$57,880$352,592
27$608,031$182,358$60,195$365,478
28$632,352$190,991$62,603$378,759
29$657,646$200,349$65,107$392,190
30$683,952$210,083$67,711$406,158
Total$12,300,000$3,395,440$1,217,702$7,686,860

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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.