USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jul 28, 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 $93,100,000 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, Jul 28, 2007
Jackpot:$93,100,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,659,982$570,151$164,338$925,493
2$1,726,382$594,718$170,912$960,751
3$1,795,437$620,269$177,748$997,420
4$1,867,254$646,841$184,858$1,035,555
5$1,941,944$674,477$192,252$1,075,215
6$2,019,622$703,217$199,943$1,116,462
7$2,100,407$733,108$207,940$1,159,359
8$2,184,423$764,194$216,258$1,203,972
9$2,271,800$796,523$224,908$1,250,369
10$2,362,672$830,146$233,905$1,298,622
11$2,457,179$865,114$243,261$1,348,805
12$2,555,466$901,480$252,991$1,400,995
13$2,657,685$939,301$263,111$1,455,274
14$2,763,992$978,634$273,635$1,511,723
15$2,874,552$1,019,542$284,581$1,570,430
16$2,989,534$1,062,085$295,964$1,631,485
17$3,109,116$1,106,330$307,802$1,694,983
18$3,233,480$1,152,345$320,115$1,761,021
19$3,362,819$1,200,200$332,919$1,829,700
20$3,497,332$1,249,970$346,236$1,901,126
21$3,637,225$1,301,731$360,085$1,975,409
22$3,782,714$1,355,562$374,489$2,052,664
23$3,934,023$1,411,546$389,468$2,133,009
24$4,091,384$1,469,769$405,047$2,216,568
25$4,255,039$1,530,322$421,249$2,303,469
26$4,425,241$1,593,296$438,099$2,393,846
27$4,602,251$1,658,790$455,623$2,487,838
28$4,786,341$1,726,903$473,848$2,585,590
29$4,977,794$1,797,741$492,802$2,687,251
30$5,176,906$1,871,412$512,514$2,792,980
Total$93,100,000$33,125,717$9,216,901$50,757,384

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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.