USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Apr 27, 2016

Media: You may freely use any information on this page, but you must credit usamega.com.

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 $282,000,000 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, Apr 27, 2016
Jackpot:$282,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,244,505$1,526,424$420,206$2,297,875
2$4,456,730$1,604,947$441,216$2,410,566
3$4,679,566$1,687,397$463,277$2,528,892
4$4,913,545$1,773,969$486,441$2,653,135
5$5,159,222$1,864,869$510,763$2,783,590
6$5,417,183$1,960,315$536,301$2,920,567
7$5,688,042$2,060,533$563,116$3,064,393
8$5,972,444$2,165,762$591,272$3,215,411
9$6,271,067$2,276,252$620,836$3,373,979
10$6,584,620$2,392,267$651,877$3,540,476
11$6,913,851$2,514,082$684,471$3,715,298
12$7,259,543$2,641,988$718,695$3,898,860
13$7,622,521$2,776,290$754,630$4,091,601
14$8,003,647$2,917,307$792,361$4,293,979
15$8,403,829$3,065,374$831,979$4,506,476
16$8,824,021$3,220,845$873,578$4,729,598
17$9,265,221$3,384,089$917,257$4,963,875
18$9,728,483$3,555,496$963,120$5,209,867
19$10,214,907$3,735,473$1,011,276$5,468,158
20$10,725,652$3,924,448$1,061,840$5,739,364
21$11,261,935$4,122,873$1,114,932$6,024,130
22$11,825,031$4,331,219$1,170,678$6,323,134
23$12,416,283$4,549,982$1,229,212$6,637,089
24$13,037,097$4,779,683$1,290,673$6,966,741
25$13,688,952$5,020,869$1,355,206$7,312,876
26$14,373,400$5,274,115$1,422,967$7,676,318
27$15,092,070$5,540,023$1,494,115$8,057,932
28$15,846,673$5,819,226$1,568,821$8,458,626
29$16,639,006$6,112,390$1,647,262$8,879,355
30$17,470,957$6,420,211$1,729,625$9,321,121
Total$282,000,001$103,018,718$27,918,003$151,063,282

◄ Back to Jackpot Analysis

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.