USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for May 11, 2011

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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 $65,200,000 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:Wed, May 11, 2011
Jackpot:$65,200,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,162,522$386,091$115,090$661,342
2$1,209,023$403,296$119,693$686,034
3$1,257,384$421,189$124,481$711,714
4$1,307,680$439,799$129,460$738,421
5$1,359,987$459,152$134,639$766,196
6$1,414,386$479,280$140,024$795,082
7$1,470,962$500,213$145,625$825,123
8$1,529,800$521,983$151,450$856,367
9$1,590,992$544,624$157,508$888,860
10$1,654,632$568,171$163,809$922,652
11$1,720,817$592,660$170,361$957,797
12$1,789,650$618,128$177,175$994,347
13$1,861,236$644,615$184,262$1,032,359
14$1,935,685$672,161$191,633$1,071,892
15$2,013,113$700,809$199,298$1,113,006
16$2,093,637$730,603$207,270$1,155,764
17$2,177,383$761,589$215,561$1,200,233
18$2,264,478$793,814$224,183$1,246,481
19$2,355,057$827,328$233,151$1,294,578
20$2,449,259$862,183$242,477$1,344,600
21$2,547,230$898,432$252,176$1,396,622
22$2,649,119$936,131$262,263$1,450,725
23$2,755,084$975,338$272,753$1,506,992
24$2,865,287$1,016,114$283,663$1,565,510
25$2,979,899$1,058,520$295,010$1,626,369
26$3,099,095$1,102,622$306,810$1,689,662
27$3,223,058$1,148,489$319,083$1,755,487
28$3,351,981$1,196,190$331,846$1,823,945
29$3,486,060$1,245,799$345,120$1,895,141
30$3,625,502$1,297,393$358,925$1,969,185
Total$65,200,000$22,802,716$6,454,799$35,942,486

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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.