USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jun 6, 2012

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The tax information provided here is based on 2022 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 $179,700,000 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, Jun 6, 2012
Jackpot:$179,700,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,204,069$1,148,460$317,203$1,738,406
2$3,332,232$1,195,881$329,891$1,806,460
3$3,465,521$1,245,198$343,087$1,877,237
4$3,604,142$1,296,487$356,810$1,950,844
5$3,748,307$1,349,829$371,082$2,027,396
6$3,898,240$1,405,304$385,926$2,107,010
7$4,054,169$1,462,998$401,363$2,189,809
8$4,216,336$1,522,999$417,417$2,275,919
9$4,384,989$1,585,401$434,114$2,365,474
10$4,560,389$1,650,299$451,479$2,458,612
11$4,742,805$1,717,793$469,538$2,555,474
12$4,932,517$1,787,986$488,319$2,656,211
13$5,129,817$1,860,987$507,852$2,760,978
14$5,335,010$1,936,909$528,166$2,869,935
15$5,548,411$2,015,867$549,293$2,983,251
16$5,770,347$2,097,983$571,264$3,101,099
17$6,001,161$2,183,384$594,115$3,223,661
18$6,241,207$2,272,202$617,880$3,351,126
19$6,490,856$2,364,572$642,595$3,483,689
20$6,750,490$2,460,636$668,298$3,621,555
21$7,020,509$2,560,543$695,030$3,764,935
22$7,301,330$2,664,447$722,832$3,914,051
23$7,593,383$2,772,507$751,745$4,069,131
24$7,897,118$2,884,889$781,815$4,230,415
25$8,213,003$3,001,766$813,087$4,398,150
26$8,541,523$3,123,319$845,611$4,572,594
27$8,883,184$3,249,733$879,435$4,754,016
28$9,238,511$3,381,204$914,613$4,942,695
29$9,608,052$3,517,934$951,197$5,138,920
30$9,992,374$3,660,133$989,245$5,342,996
Total$179,700,000$65,377,650$17,790,302$96,532,049

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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.