USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Feb 11, 2006

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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 $251,500,000 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:Sat, Feb 11, 2006
Jackpot:$251,500,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,484,270$1,615,137$443,943$2,425,190
2$4,663,641$1,681,504$461,700$2,520,436
3$4,850,186$1,750,526$480,168$2,619,492
4$5,044,194$1,822,309$499,375$2,722,510
5$5,245,962$1,896,963$519,350$2,829,648
6$5,455,800$1,974,603$540,124$2,941,073
7$5,674,032$2,055,349$561,729$3,056,954
8$5,900,993$2,139,325$584,198$3,177,470
9$6,137,033$2,226,659$607,566$3,302,807
10$6,382,514$2,317,488$631,869$3,433,158
11$6,637,815$2,411,949$657,144$3,568,722
12$6,903,328$2,510,188$683,429$3,709,710
13$7,179,461$2,612,358$710,767$3,856,336
14$7,466,639$2,718,614$739,197$4,008,828
15$7,765,305$2,829,120$768,765$4,167,420
16$8,075,917$2,944,046$799,516$4,332,355
17$8,398,953$3,063,570$831,496$4,503,887
18$8,734,912$3,187,875$864,756$4,682,281
19$9,084,308$3,317,151$899,347$4,867,810
20$9,447,680$3,451,599$935,320$5,060,761
21$9,825,588$3,591,425$972,733$5,261,430
22$10,218,611$3,736,843$1,011,643$5,470,125
23$10,627,356$3,888,079$1,052,108$5,687,169
24$11,052,450$4,045,364$1,094,193$5,912,894
25$11,494,548$4,208,940$1,137,960$6,147,648
26$11,954,330$4,379,059$1,183,479$6,391,792
27$12,432,503$4,555,983$1,230,818$6,645,702
28$12,929,803$4,739,984$1,280,050$6,909,768
29$13,446,995$4,931,345$1,331,253$7,184,397
30$13,984,875$5,130,361$1,384,503$7,470,011
Total$251,500,000$91,733,716$24,898,499$134,867,784

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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.