USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Oct 16, 2010

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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 $34,600,000 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:Sat, Oct 16, 2010
Jackpot:$34,600,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$616,921$184,692$61,075$371,154
2$641,598$193,349$63,518$384,731
3$667,262$202,844$66,059$398,359
4$693,953$212,720$68,701$412,532
5$721,711$222,990$71,449$427,271
6$750,579$233,672$74,307$442,600
7$780,602$244,780$77,280$458,543
8$811,827$256,333$80,371$475,123
9$844,300$268,348$83,586$492,366
10$878,072$280,844$86,929$510,299
11$913,194$293,839$90,406$528,949
12$949,722$307,354$94,022$548,345
13$987,711$321,410$97,783$568,517
14$1,027,220$336,028$101,695$589,496
15$1,068,308$351,231$105,763$611,314
16$1,111,041$367,042$109,993$634,005
17$1,155,482$383,486$114,393$657,604
18$1,201,702$400,587$118,968$682,146
19$1,249,770$418,372$123,727$707,670
20$1,299,760$436,869$128,676$734,216
21$1,351,751$456,105$133,823$761,822
22$1,405,821$476,111$139,176$790,534
23$1,462,054$496,917$144,743$820,393
24$1,520,536$518,556$150,533$851,447
25$1,581,357$541,059$156,554$883,743
26$1,644,612$564,464$162,817$917,331
27$1,710,396$588,804$169,329$952,263
28$1,778,812$614,118$176,102$988,592
29$1,849,964$640,444$183,146$1,026,374
30$1,923,963$667,824$190,472$1,065,667
Total$34,600,000$11,481,192$3,425,396$19,693,406

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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.