USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jan 17, 2015

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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 $190,400,000 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, Jan 17, 2015
Jackpot:$190,400,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,394,851$1,212,052$336,090$1,846,709
2$3,530,645$1,262,296$349,534$1,918,815
3$3,671,871$1,314,549$363,515$1,993,806
4$3,818,746$1,368,893$378,056$2,071,797
5$3,971,495$1,425,411$393,178$2,152,907
6$4,130,355$1,484,189$408,905$2,237,261
7$4,295,569$1,545,318$425,261$2,324,990
8$4,467,392$1,608,892$442,272$2,416,228
9$4,646,088$1,675,010$459,963$2,511,115
10$4,831,931$1,743,772$478,361$2,609,798
11$5,025,209$1,815,284$497,496$2,712,429
12$5,226,217$1,889,658$517,395$2,819,164
13$5,435,266$1,967,006$538,091$2,930,169
14$5,652,676$2,047,447$559,615$3,045,614
15$5,878,783$2,131,107$582,000$3,165,677
16$6,113,935$2,218,113$605,280$3,290,542
17$6,358,492$2,308,599$629,491$3,420,402
18$6,612,832$2,402,705$654,670$3,555,456
19$6,877,345$2,500,575$680,857$3,695,913
20$7,152,439$2,602,360$708,091$3,841,988
21$7,438,536$2,708,216$736,415$3,993,906
22$7,736,078$2,818,306$765,872$4,151,900
23$8,045,521$2,932,800$796,507$4,316,214
24$8,367,342$3,051,874$828,367$4,487,101
25$8,702,035$3,175,710$861,502$4,664,824
26$9,050,117$3,304,500$895,962$4,849,655
27$9,412,121$3,438,442$931,800$5,041,879
28$9,788,606$3,577,742$969,072$5,241,793
29$10,180,151$3,722,613$1,007,835$5,449,703
30$10,587,357$3,873,279$1,048,148$5,665,929
Total$190,400,000$69,126,718$18,849,601$102,423,684

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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.