USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Mar 30, 2016

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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 $117,100,000 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 30, 2016
Jackpot:$117,100,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,762,523$608,091$174,490$979,942
2$1,850,649$640,697$183,214$1,026,737
3$1,943,182$674,934$192,375$1,075,872
4$2,040,341$710,883$201,994$1,127,464
5$2,142,358$748,630$212,093$1,181,635
6$2,249,476$788,263$222,698$1,238,514
7$2,361,950$829,879$233,833$1,298,238
8$2,480,047$873,575$245,525$1,360,948
9$2,604,049$919,455$257,801$1,426,793
10$2,734,252$967,630$270,691$1,495,930
11$2,870,964$1,018,214$284,225$1,568,525
12$3,014,513$1,071,327$298,437$1,644,749
13$3,165,238$1,127,095$313,359$1,724,784
14$3,323,500$1,185,652$329,027$1,808,821
15$3,489,675$1,247,137$345,478$1,897,060
16$3,664,159$1,311,696$362,752$1,989,711
17$3,847,367$1,379,483$380,889$2,086,994
18$4,039,735$1,450,659$399,934$2,189,142
19$4,241,722$1,525,394$419,930$2,296,397
20$4,453,808$1,603,866$440,927$2,409,015
21$4,676,498$1,686,262$462,973$2,527,263
22$4,910,323$1,772,777$486,122$2,651,424
23$5,155,839$1,863,618$510,428$2,781,794
24$5,413,631$1,959,001$535,950$2,918,681
25$5,684,313$2,059,153$562,747$3,062,413
26$5,968,529$2,164,313$590,884$3,213,331
27$6,266,955$2,274,731$620,429$3,371,796
28$6,580,303$2,390,669$651,450$3,538,184
29$6,909,318$2,512,405$684,022$3,712,891
30$7,254,784$2,640,227$718,224$3,896,333
Total$117,100,000$42,005,716$11,592,901$63,501,381

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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.