USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jan 4, 2012

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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 $31,700,000 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, Jan 4, 2012
Jackpot:$31,700,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$565,214$166,594$55,956$342,664
2$587,823$174,507$58,194$355,121
3$611,336$182,737$60,522$368,077
4$635,789$191,295$62,943$381,551
5$661,221$200,609$65,461$395,151
6$687,669$210,395$68,079$409,195
7$715,176$220,572$70,802$423,801
8$743,783$231,157$73,635$438,992
9$773,535$242,165$76,580$454,790
10$804,476$253,613$79,643$471,219
11$836,655$265,520$82,829$488,307
12$870,121$277,902$86,142$506,077
13$904,926$290,780$89,588$524,558
14$941,123$304,173$93,171$543,779
15$978,768$318,101$96,898$563,769
16$1,017,919$332,587$100,774$584,558
17$1,058,635$347,652$104,805$606,178
18$1,100,981$363,320$108,997$628,664
19$1,145,020$379,615$113,357$652,048
20$1,190,821$396,561$117,891$676,369
21$1,238,454$414,185$122,607$701,662
22$1,287,992$432,514$127,511$727,966
23$1,339,512$451,577$132,612$755,323
24$1,393,092$471,401$137,916$783,775
25$1,448,816$492,019$143,433$813,364
26$1,506,768$513,462$149,170$844,137
27$1,567,039$535,762$155,137$876,141
28$1,629,721$558,954$161,342$909,424
29$1,694,910$583,074$167,796$944,040
30$1,762,706$608,158$174,508$980,040
Total$31,700,000$10,410,961$3,138,299$18,150,740

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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.