USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Feb 4, 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 $324,700,000 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, Feb 4, 2015
Jackpot:$324,700,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,789,433$2,098,048$573,154$3,118,232
2$6,021,011$2,183,731$596,080$3,241,199
3$6,261,851$2,272,842$619,923$3,369,086
4$6,512,325$2,365,517$644,720$3,502,087
5$6,772,818$2,461,900$670,509$3,640,409
6$7,043,731$2,562,138$697,329$3,784,264
7$7,325,480$2,666,385$725,223$3,933,873
8$7,618,499$2,774,802$754,231$4,089,466
9$7,923,239$2,887,556$784,401$4,251,283
10$8,240,169$3,004,820$815,777$4,419,572
11$8,569,775$3,126,774$848,408$4,594,593
12$8,912,566$3,253,607$882,344$4,776,616
13$9,269,069$3,385,513$917,638$4,965,918
14$9,639,832$3,522,695$954,343$5,162,793
15$10,025,425$3,665,365$992,517$5,367,543
16$10,426,442$3,813,741$1,032,218$5,580,484
17$10,843,500$3,968,052$1,073,506$5,801,941
18$11,277,240$4,128,536$1,116,447$6,032,257
19$11,728,329$4,295,439$1,161,105$6,271,786
20$12,197,463$4,469,018$1,207,549$6,520,895
21$12,685,361$4,649,541$1,255,851$6,779,969
22$13,192,775$4,837,284$1,306,085$7,049,407
23$13,720,487$5,032,537$1,358,328$7,329,621
24$14,269,306$5,235,600$1,412,661$7,621,044
25$14,840,078$5,446,786$1,469,168$7,924,124
26$15,433,681$5,666,419$1,527,934$8,239,328
27$16,051,029$5,894,838$1,589,052$8,567,139
28$16,693,070$6,132,393$1,652,614$8,908,063
29$17,360,793$6,379,450$1,718,718$9,262,624
30$18,055,224$6,636,390$1,787,467$9,631,367
Total$324,700,000$118,817,717$32,145,300$173,736,983

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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.