USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Mar 20, 2013

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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 $261,600,000 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, Mar 20, 2013
Jackpot:$261,600,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,664,354$1,681,768$461,771$2,520,815
2$4,850,928$1,750,801$480,242$2,619,886
3$5,044,965$1,822,594$499,452$2,722,919
4$5,246,764$1,897,260$519,430$2,830,074
5$5,456,634$1,974,912$540,207$2,941,516
6$5,674,900$2,055,670$561,815$3,057,415
7$5,901,896$2,139,659$584,288$3,177,949
8$6,137,972$2,227,007$607,659$3,303,306
9$6,383,490$2,317,849$631,966$3,433,676
10$6,638,830$2,412,324$657,244$3,569,262
11$6,904,383$2,510,579$683,534$3,710,270
12$7,180,559$2,612,764$710,875$3,856,919
13$7,467,781$2,719,036$739,310$4,009,434
14$7,766,492$2,829,559$768,883$4,168,050
15$8,077,152$2,944,503$799,638$4,333,010
16$8,400,238$3,064,045$831,624$4,504,569
17$8,736,247$3,188,369$864,888$4,682,990
18$9,085,697$3,317,665$899,484$4,868,548
19$9,449,125$3,452,134$935,463$5,061,528
20$9,827,090$3,591,981$972,882$5,262,228
21$10,220,174$3,737,422$1,011,797$5,470,955
22$10,628,981$3,888,680$1,052,269$5,688,032
23$11,054,140$4,045,989$1,094,360$5,913,791
24$11,496,306$4,209,590$1,138,134$6,148,581
25$11,956,158$4,379,736$1,183,660$6,392,763
26$12,434,404$4,556,687$1,231,006$6,646,711
27$12,931,780$4,740,716$1,280,246$6,910,818
28$13,449,052$4,932,106$1,331,456$7,185,489
29$13,987,014$5,131,152$1,384,714$7,471,147
30$14,546,494$5,338,160$1,440,103$7,768,231
Total$261,600,000$95,470,717$25,898,400$140,230,882

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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.