USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Dec 3, 2011

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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 $42,200,000 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, Dec 3, 2011
Jackpot:$42,200,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$752,430$235,419$74,491$442,520
2$782,527$246,555$77,470$458,502
3$813,828$258,137$80,569$475,123
4$846,382$270,181$83,792$492,408
5$880,237$282,708$87,143$510,386
6$915,446$295,735$90,629$529,082
7$952,064$309,284$94,254$548,526
8$990,147$323,375$98,025$568,748
9$1,029,753$338,029$101,946$589,778
10$1,070,943$353,269$106,023$611,650
11$1,113,780$369,119$110,264$634,397
12$1,158,332$385,603$114,675$658,054
13$1,204,665$402,746$119,262$682,657
14$1,252,852$420,575$124,032$708,244
15$1,302,966$439,118$128,994$734,854
16$1,355,084$458,401$134,153$762,529
17$1,409,288$478,457$139,519$791,311
18$1,465,659$499,314$145,100$821,245
19$1,524,285$521,006$150,904$852,375
20$1,585,257$543,565$156,940$884,751
21$1,648,667$567,027$163,218$918,422
22$1,714,614$591,427$169,747$953,440
23$1,783,198$616,804$176,537$989,858
24$1,854,526$643,195$183,598$1,027,733
25$1,928,707$670,642$190,942$1,067,123
26$2,005,856$699,187$198,580$1,108,089
27$2,086,090$728,874$206,523$1,150,694
28$2,169,534$759,748$214,784$1,195,002
29$2,256,315$791,857$223,375$1,241,083
30$2,346,567$825,250$232,310$1,289,007
Total$42,200,000$14,324,607$4,177,799$23,697,591

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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.