USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Sep 28, 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 $37,100,000 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:Wed, Sep 28, 2011
Jackpot:$37,100,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$661,497$202,942$65,488$393,067
2$687,957$212,732$68,108$407,117
3$715,475$222,913$70,832$421,729
4$744,094$233,502$73,665$436,926
5$773,858$244,515$76,612$452,731
6$804,812$255,968$79,676$469,167
7$837,004$267,879$82,863$486,262
8$870,485$280,267$86,178$504,040
9$905,304$293,150$89,625$522,529
10$941,516$306,549$93,210$541,757
11$979,177$320,483$96,938$561,755
12$1,018,344$334,975$100,816$582,553
13$1,059,077$350,046$104,849$604,182
14$1,101,441$365,721$109,043$626,677
15$1,145,498$382,022$113,404$650,072
16$1,191,318$398,975$117,940$674,402
17$1,238,971$416,607$122,658$699,706
18$1,288,530$434,944$127,564$726,022
19$1,340,071$454,014$132,667$753,390
20$1,393,674$473,847$137,974$781,853
21$1,449,421$494,473$143,493$811,455
22$1,507,398$515,925$149,232$842,240
23$1,567,693$538,234$155,202$874,257
24$1,630,401$561,436$161,410$907,555
25$1,695,617$585,566$167,866$942,185
26$1,763,442$610,661$174,581$978,200
27$1,833,980$636,760$181,564$1,015,655
28$1,907,339$663,903$188,827$1,054,609
29$1,983,632$692,132$196,380$1,095,121
30$2,062,978$721,489$204,235$1,137,253
Total$37,100,000$12,472,630$3,672,900$20,954,467

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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.