USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Nov 24, 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 $327,000,000 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, Nov 24, 2012
Jackpot:$327,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,830,442$2,113,221$577,214$3,140,008
2$6,063,660$2,199,511$600,302$3,263,846
3$6,306,207$2,289,254$624,314$3,392,638
4$6,558,455$2,382,586$649,287$3,526,582
5$6,820,793$2,479,651$675,259$3,665,884
6$7,093,625$2,580,598$702,269$3,810,757
7$7,377,370$2,685,584$730,360$3,961,426
8$7,672,464$2,794,769$759,574$4,118,121
9$7,979,363$2,908,322$789,957$4,281,085
10$8,298,538$3,026,416$821,555$4,450,566
11$8,630,479$3,149,235$854,417$4,626,827
12$8,975,698$3,276,966$888,594$4,810,139
13$9,334,726$3,409,806$924,138$5,000,782
14$9,708,115$3,547,960$961,103$5,199,052
15$10,096,440$3,691,640$999,548$5,405,252
16$10,500,297$3,841,067$1,039,529$5,619,701
17$10,920,309$3,996,472$1,081,111$5,842,727
18$11,357,122$4,158,092$1,124,355$6,074,674
19$11,811,407$4,326,178$1,169,329$6,315,900
20$12,283,863$4,500,986$1,216,102$6,566,774
21$12,775,217$4,682,788$1,264,747$6,827,683
22$13,286,226$4,871,861$1,315,336$7,099,029
23$13,817,675$5,068,497$1,367,950$7,381,228
24$14,370,382$5,272,999$1,422,668$7,674,716
25$14,945,197$5,485,680$1,479,575$7,979,943
26$15,543,005$5,706,869$1,538,758$8,297,379
27$16,164,725$5,936,906$1,600,308$8,627,512
28$16,811,314$6,176,144$1,664,320$8,970,851
29$17,483,767$6,424,951$1,730,893$9,327,923
30$18,183,118$6,683,711$1,800,129$9,699,278
Total$327,000,000$119,668,720$32,373,001$174,958,283

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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.