USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Oct 9, 2010

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2025 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 $20,000,000 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 9, 2010
Jackpot:$20,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$356,602$94,358$35,304$226,940
2$370,866$99,350$36,716$234,800
3$385,701$104,542$38,184$242,974
4$401,129$109,942$39,712$251,475
5$417,174$115,558$41,300$260,316
6$433,861$121,399$42,952$269,510
7$451,215$127,473$44,670$279,072
8$469,264$133,790$46,457$289,017
9$488,034$140,359$48,315$299,360
10$507,556$147,192$50,248$310,116
11$527,858$154,298$52,258$321,303
12$548,972$161,688$54,348$332,937
13$570,931$169,373$56,522$345,036
14$593,769$177,366$58,783$357,619
15$617,519$185,679$61,134$370,706
16$642,220$194,642$63,580$383,999
17$667,909$204,147$66,123$397,639
18$694,625$214,032$68,768$411,826
19$722,410$224,312$71,519$426,580
20$751,307$235,004$74,379$441,924
21$781,359$246,123$77,355$457,881
22$812,613$257,687$80,449$474,477
23$845,118$269,714$83,667$491,737
24$878,922$282,222$87,013$509,688
25$914,079$295,230$90,494$528,356
26$950,643$308,758$94,114$547,771
27$988,668$322,827$97,878$567,963
28$1,028,215$337,460$101,793$588,962
29$1,069,344$352,677$105,865$610,801
30$1,112,117$368,504$110,100$633,514
Total$20,000,000$6,155,706$1,980,000$11,864,299

◄ 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.