USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Nov 7, 2007

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $71,200,000 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, Nov 7, 2007
Jackpot:$71,200,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,269,503$425,673$125,681$718,149
2$1,320,283$444,462$130,708$745,113
3$1,373,095$464,002$135,936$773,156
4$1,428,018$484,324$141,374$802,320
5$1,485,139$505,459$147,029$832,652
6$1,544,545$527,439$152,910$864,196
7$1,606,326$550,298$159,026$897,002
8$1,670,579$574,072$165,387$931,120
9$1,737,403$598,796$172,003$966,604
10$1,806,899$624,510$178,883$1,003,506
11$1,879,175$651,252$186,038$1,041,884
12$1,954,342$679,064$193,480$1,081,798
13$2,032,515$707,988$201,219$1,123,308
14$2,113,816$738,069$209,268$1,166,479
15$2,198,369$769,354$217,638$1,211,376
16$2,286,303$801,889$226,344$1,258,070
17$2,377,755$835,727$235,398$1,306,631
18$2,472,866$870,918$244,814$1,357,134
19$2,571,780$907,516$254,606$1,409,658
20$2,674,651$945,578$264,790$1,464,283
21$2,781,638$985,163$275,382$1,521,092
22$2,892,903$1,026,331$286,397$1,580,174
23$3,008,619$1,069,146$297,853$1,641,620
24$3,128,964$1,113,674$309,767$1,705,523
25$3,254,122$1,159,983$322,158$1,771,982
26$3,384,287$1,208,144$335,044$1,841,099
27$3,519,659$1,258,231$348,446$1,912,982
28$3,660,445$1,310,322$362,384$1,987,739
29$3,806,863$1,364,497$376,879$2,065,487
30$3,959,138$1,420,838$391,955$2,146,345
Total$71,200,000$25,022,719$7,048,797$39,128,482

◄ Back to Jackpot Analysis

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.