USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Feb 18, 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 $365,000,000 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 18, 2006
Jackpot:$365,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,507,986$2,363,912$644,291$3,499,783
2$6,768,306$2,460,230$670,062$3,638,013
3$7,039,038$2,560,401$696,865$3,781,772
4$7,320,599$2,664,579$724,739$3,931,281
5$7,613,423$2,772,924$753,729$4,086,771
6$7,917,960$2,885,603$783,878$4,248,480
7$8,234,679$3,002,788$815,233$4,416,657
8$8,564,066$3,124,662$847,843$4,591,562
9$8,906,628$3,251,410$881,756$4,773,462
10$9,262,894$3,383,228$917,026$4,962,639
11$9,633,409$3,520,319$953,708$5,159,383
12$10,018,746$3,662,893$991,856$5,363,997
13$10,419,496$3,811,171$1,031,530$5,576,795
14$10,836,275$3,965,379$1,072,791$5,798,105
15$11,269,726$4,125,756$1,115,703$6,028,267
16$11,720,515$4,292,548$1,160,331$6,267,636
17$12,189,336$4,466,012$1,206,744$6,516,580
18$12,676,910$4,646,414$1,255,014$6,775,482
19$13,183,986$4,834,032$1,305,215$7,044,739
20$13,711,345$5,029,155$1,357,423$7,324,767
21$14,259,799$5,232,083$1,411,720$7,615,996
22$14,830,191$5,443,128$1,468,189$7,918,874
23$15,423,399$5,662,615$1,526,916$8,233,867
24$16,040,335$5,890,881$1,587,993$8,561,460
25$16,681,948$6,128,278$1,651,513$8,902,157
26$17,349,226$6,375,171$1,717,573$9,256,482
27$18,043,195$6,631,939$1,786,276$9,624,979
28$18,764,923$6,898,979$1,857,727$10,008,217
29$19,515,520$7,176,700$1,932,036$10,406,784
30$20,296,141$7,465,529$2,009,318$10,821,293
Total$365,000,000$133,728,719$36,134,998$195,136,280

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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.