USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jul 15, 2009

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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 $49,900,000 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, Jul 15, 2009
Jackpot:$49,900,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$889,722$285,154$88,082$516,485
2$925,311$298,322$91,606$535,383
3$962,323$312,017$95,270$555,036
4$1,000,816$326,259$99,081$575,476
5$1,040,849$341,071$103,044$596,733
6$1,082,483$356,476$107,166$618,841
7$1,125,782$372,497$111,452$641,833
8$1,170,813$389,158$115,911$665,745
9$1,217,646$406,486$120,547$690,613
10$1,266,352$424,507$125,369$716,476
11$1,317,006$443,249$130,384$743,373
12$1,369,686$462,741$135,599$771,346
13$1,424,474$483,012$141,023$800,438
14$1,481,452$504,095$146,664$830,694
15$1,540,711$526,020$152,530$862,160
16$1,602,339$548,823$158,632$894,885
17$1,666,433$572,537$164,977$928,918
18$1,733,090$597,200$171,576$964,313
19$1,802,413$622,850$178,439$1,001,124
20$1,874,510$649,526$185,576$1,039,408
21$1,949,490$677,269$193,000$1,079,222
22$2,027,470$706,121$200,720$1,120,629
23$2,108,569$736,128$208,748$1,163,693
24$2,192,912$767,335$217,098$1,208,479
25$2,280,628$799,790$225,782$1,255,056
26$2,371,853$833,543$234,813$1,303,497
27$2,466,727$868,646$244,206$1,353,875
28$2,565,396$905,154$253,974$1,406,268
29$2,668,012$943,122$264,133$1,460,757
30$2,774,733$982,608$274,699$1,517,426
Total$49,900,000$17,141,716$4,940,101$27,818,182

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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.