USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Apr 30, 2008

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 $160,600,000 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, Apr 30, 2008
Jackpot:$160,600,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,863,514$1,015,457$283,488$1,564,569
2$2,978,054$1,057,837$294,827$1,625,390
3$3,097,177$1,101,913$306,620$1,688,644
4$3,221,064$1,147,751$318,885$1,754,428
5$3,349,906$1,195,423$331,641$1,822,843
6$3,483,903$1,245,001$344,906$1,893,995
7$3,623,259$1,296,563$358,703$1,967,993
8$3,768,189$1,350,187$373,051$2,044,951
9$3,918,917$1,405,956$387,973$2,124,987
10$4,075,673$1,463,956$403,492$2,208,225
11$4,238,700$1,524,276$419,631$2,294,793
12$4,408,248$1,587,009$436,417$2,384,823
13$4,584,578$1,652,251$453,873$2,478,454
14$4,767,961$1,720,103$472,028$2,575,830
15$4,958,680$1,790,669$490,909$2,677,102
16$5,157,027$1,864,057$510,546$2,782,424
17$5,363,308$1,940,381$530,967$2,891,959
18$5,577,840$2,019,758$552,206$3,005,876
19$5,800,954$2,102,310$574,294$3,124,349
20$6,032,992$2,188,164$597,266$3,247,561
21$6,274,312$2,277,453$621,157$3,375,702
22$6,525,284$2,370,312$646,003$3,508,969
23$6,786,295$2,466,887$671,843$3,647,566
24$7,057,747$2,567,324$698,717$3,791,707
25$7,340,057$2,671,778$726,666$3,941,613
26$7,633,659$2,780,411$755,732$4,097,516
27$7,939,006$2,893,389$785,962$4,259,655
28$8,256,566$3,010,887$817,400$4,428,279
29$8,586,829$3,133,084$850,096$4,603,649
30$8,930,302$3,260,169$884,100$4,786,033
Total$160,600,000$58,100,716$15,899,399$86,599,885

◄ 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.