USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jan 20, 2007

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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 $212,300,000 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:Sat, Jan 20, 2007
Jackpot:$212,300,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,785,330$1,356,529$374,748$2,054,053
2$3,936,743$1,412,552$389,738$2,134,453
3$4,094,213$1,470,816$405,327$2,218,070
4$4,257,981$1,531,410$421,540$2,305,031
5$4,428,301$1,594,429$438,402$2,395,470
6$4,605,433$1,659,967$455,938$2,489,528
7$4,789,650$1,728,128$474,175$2,587,347
8$4,981,236$1,799,015$493,142$2,689,079
9$5,180,486$1,872,737$512,868$2,794,881
10$5,387,705$1,949,408$533,383$2,904,914
11$5,603,213$2,029,146$554,718$3,019,349
12$5,827,342$2,112,074$576,907$3,138,361
13$6,060,435$2,198,318$599,983$3,262,134
14$6,302,853$2,288,013$623,982$3,390,858
15$6,554,967$2,381,295$648,942$3,524,730
16$6,817,166$2,478,309$674,899$3,663,958
17$7,089,852$2,579,203$701,895$3,808,754
18$7,373,446$2,684,132$729,971$3,959,343
19$7,668,384$2,793,259$759,170$4,115,955
20$7,975,119$2,906,751$789,537$4,278,831
21$8,294,124$3,024,783$821,118$4,448,223
22$8,625,889$3,147,536$853,963$4,624,390
23$8,970,925$3,275,199$888,122$4,807,604
24$9,329,762$3,407,969$923,646$4,998,146
25$9,702,952$3,546,050$960,592$5,196,310
26$10,091,070$3,689,653$999,016$5,402,401
27$10,494,713$3,839,001$1,038,977$5,616,735
28$10,914,502$3,994,323$1,080,536$5,839,643
29$11,351,082$4,155,858$1,123,757$6,071,467
30$11,805,125$4,323,854$1,168,707$6,312,564
Total$212,300,000$77,229,717$21,017,699$114,052,582

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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.