USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jun 2, 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 $158,800,000 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, Jun 2, 2012
Jackpot:$158,800,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,831,420$1,003,583$280,311$1,547,527
2$2,944,677$1,045,488$291,523$1,607,666
3$3,062,464$1,089,069$303,184$1,670,211
4$3,184,962$1,134,393$315,311$1,735,258
5$3,312,361$1,181,531$327,924$1,802,906
6$3,444,855$1,230,554$341,041$1,873,261
7$3,582,649$1,281,537$354,682$1,946,430
8$3,725,955$1,334,561$368,870$2,022,525
9$3,874,993$1,389,705$383,624$2,101,664
10$4,029,993$1,447,055$398,969$2,183,969
11$4,191,193$1,506,699$414,928$2,269,566
12$4,358,841$1,568,728$431,525$2,358,587
13$4,533,194$1,633,239$448,786$2,451,169
14$4,714,522$1,700,330$466,738$2,547,454
15$4,903,103$1,770,105$485,407$2,647,590
16$5,099,227$1,842,671$504,823$2,751,732
17$5,303,196$1,918,140$525,016$2,860,040
18$5,515,324$1,996,627$546,017$2,972,680
19$5,735,937$2,078,254$567,858$3,089,825
20$5,965,374$2,163,146$590,572$3,211,657
21$6,203,989$2,251,433$614,195$3,338,361
22$6,452,149$2,343,252$638,763$3,470,134
23$6,710,235$2,438,744$664,313$3,607,177
24$6,978,644$2,538,056$690,886$3,749,703
25$7,257,790$2,641,340$718,521$3,897,929
26$7,548,102$2,748,755$747,262$4,052,085
27$7,850,026$2,860,467$777,153$4,212,406
28$8,164,027$2,976,647$808,239$4,379,141
29$8,490,588$3,097,475$840,568$4,552,545
30$8,830,211$3,223,135$874,191$4,732,885
Total$158,800,000$57,434,719$15,721,200$85,644,083

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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.