USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for May 7, 2011

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

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 $51,100,000 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, May 7, 2011
Jackpot:$51,100,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$911,118$295,301$90,201$525,616
2$947,563$308,786$93,809$544,968
3$985,465$322,810$97,561$565,094
4$1,024,884$337,395$101,464$586,026
5$1,065,879$352,563$105,522$607,794
6$1,108,514$368,338$109,743$630,433
7$1,152,855$384,744$114,133$653,978
8$1,198,969$401,806$118,698$678,465
9$1,246,928$419,551$123,446$703,931
10$1,296,805$438,006$128,384$730,416
11$1,348,677$457,198$133,519$757,960
12$1,402,624$477,159$138,860$786,606
13$1,458,729$497,918$144,414$816,398
14$1,517,079$519,507$150,191$847,381
15$1,577,762$541,960$156,198$879,604
16$1,640,872$565,310$162,446$913,115
17$1,706,507$589,595$168,944$947,967
18$1,774,767$614,852$175,702$984,214
19$1,845,758$641,118$182,730$1,021,910
20$1,919,588$668,435$190,039$1,061,114
21$1,996,372$696,845$197,641$1,101,886
22$2,076,227$726,392$205,546$1,144,289
23$2,159,276$757,120$213,768$1,188,388
24$2,245,647$789,077$222,319$1,234,251
25$2,335,473$822,313$231,212$1,281,948
26$2,428,892$856,878$240,460$1,331,554
27$2,526,047$892,825$250,079$1,383,143
28$2,627,089$930,211$260,082$1,436,797
29$2,732,173$969,092$270,485$1,492,596
30$2,841,460$1,009,528$281,305$1,550,627
Total$51,100,000$17,652,633$5,058,901$28,388,469

◄ 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.