USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Oct 26, 2011

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The tax information provided here is based on 2024 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 $173,900,000 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, Oct 26, 2011
Jackpot:$173,900,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,100,654$1,105,430$306,965$1,688,260
2$3,224,680$1,151,320$319,243$1,754,118
3$3,353,668$1,199,045$332,013$1,822,610
4$3,487,814$1,248,679$345,294$1,893,842
5$3,627,327$1,300,299$359,105$1,967,923
6$3,772,420$1,353,983$373,470$2,044,967
7$3,923,317$1,409,815$388,408$2,125,093
8$4,080,249$1,467,880$403,945$2,208,425
9$4,243,459$1,528,268$420,102$2,295,089
10$4,413,198$1,591,071$436,907$2,385,220
11$4,589,726$1,656,386$454,383$2,478,957
12$4,773,315$1,724,314$472,558$2,576,442
13$4,964,247$1,794,959$491,460$2,677,828
14$5,162,817$1,868,430$511,119$2,783,268
15$5,369,330$1,944,840$531,564$2,892,926
16$5,584,103$2,024,306$552,826$3,006,971
17$5,807,467$2,106,951$574,939$3,125,577
18$6,039,766$2,192,901$597,937$3,248,928
19$6,281,357$2,282,290$621,854$3,377,213
20$6,532,611$2,375,254$646,728$3,510,629
21$6,793,915$2,471,936$672,598$3,649,381
22$7,065,672$2,572,486$699,502$3,793,684
23$7,348,299$2,677,058$727,482$3,943,759
24$7,642,231$2,785,813$756,581$4,099,837
25$7,947,920$2,898,918$786,844$4,262,158
26$8,265,837$3,016,547$818,318$4,430,972
27$8,596,470$3,138,882$851,051$4,606,538
28$8,940,329$3,266,109$885,093$4,789,127
29$9,297,942$3,398,426$920,496$4,979,020
30$9,669,860$3,536,036$957,316$5,176,508
Total$173,900,000$63,088,632$17,216,101$93,595,270

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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.