USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Sep 19, 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 $114,400,000 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, Sep 19, 2009
Jackpot:$114,400,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,039,763$710,670$201,937$1,127,157
2$2,121,354$740,858$210,014$1,170,482
3$2,206,208$772,254$218,415$1,215,539
4$2,294,456$804,906$227,151$1,262,399
5$2,386,235$838,864$236,237$1,311,133
6$2,481,684$874,180$245,687$1,361,817
7$2,580,951$910,909$255,514$1,414,528
8$2,684,189$949,107$265,735$1,469,347
9$2,791,557$988,833$276,364$1,526,360
10$2,903,219$1,030,148$287,419$1,585,652
11$3,019,348$1,073,116$298,915$1,647,317
12$3,140,122$1,117,802$310,872$1,711,448
13$3,265,727$1,164,276$323,307$1,778,144
14$3,396,356$1,212,609$336,239$1,847,508
15$3,532,210$1,262,875$349,689$1,919,646
16$3,673,499$1,315,152$363,676$1,994,670
17$3,820,438$1,369,519$378,223$2,072,696
18$3,973,256$1,426,062$393,352$2,153,842
19$4,132,186$1,484,866$409,086$2,238,234
20$4,297,474$1,546,023$425,450$2,326,001
21$4,469,373$1,609,625$442,468$2,417,280
22$4,648,148$1,675,772$460,167$2,512,209
23$4,834,073$1,744,564$478,573$2,610,936
24$5,027,436$1,816,109$497,716$2,713,611
25$5,228,534$1,890,515$517,625$2,820,394
26$5,437,675$1,967,897$538,330$2,931,448
27$5,655,182$2,048,375$559,863$3,046,945
28$5,881,390$2,132,071$582,258$3,167,061
29$6,116,645$2,219,116$605,548$3,291,981
30$6,361,311$2,309,642$629,770$3,421,899
Total$114,400,000$41,006,715$11,325,600$62,067,684

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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.