USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Apr 16, 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 $206,300,000 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, Apr 16, 2016
Jackpot:$206,300,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,105,111$1,104,848$307,406$1,692,857
2$3,260,367$1,162,293$322,776$1,775,297
3$3,423,385$1,222,610$338,915$1,861,860
4$3,594,554$1,285,942$355,861$1,952,751
5$3,774,282$1,352,442$373,654$2,048,186
6$3,962,996$1,422,266$392,337$2,148,394
7$4,161,146$1,495,581$411,953$2,253,611
8$4,369,203$1,572,562$432,551$2,364,090
9$4,587,663$1,653,393$454,179$2,480,092
10$4,817,046$1,738,264$476,888$2,601,894
11$5,057,899$1,827,380$500,732$2,729,787
12$5,310,794$1,920,951$525,769$2,864,074
13$5,576,333$2,019,201$552,057$3,005,076
14$5,855,150$2,122,363$579,660$3,153,127
15$6,147,908$2,230,683$608,643$3,308,582
16$6,455,303$2,344,419$639,075$3,471,809
17$6,778,068$2,463,842$671,029$3,643,197
18$7,116,971$2,589,237$704,580$3,823,155
19$7,472,820$2,720,901$739,809$4,012,110
20$7,846,461$2,859,148$776,800$4,210,514
21$8,238,784$3,004,307$815,640$4,418,837
22$8,650,723$3,156,725$856,422$4,637,577
23$9,083,259$3,316,763$899,243$4,867,254
24$9,537,422$3,484,803$944,205$5,108,414
25$10,014,293$3,661,246$991,415$5,361,633
26$10,515,008$3,846,510$1,040,986$5,627,512
27$11,040,759$4,041,038$1,093,035$5,906,686
28$11,592,796$4,245,292$1,147,687$6,199,818
29$12,172,436$4,459,759$1,205,071$6,507,606
30$12,781,058$4,684,949$1,265,325$6,830,785
Total$206,300,000$75,009,718$20,423,703$110,866,585

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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.