USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Dec 27, 2017

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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 $340,400,000 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:Wed, Dec 27, 2017
Jackpot:$340,400,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,123,508$1,851,655$507,227$2,764,626
2$5,379,684$1,946,440$532,589$2,900,655
3$5,648,668$2,045,964$559,218$3,043,485
4$5,931,102$2,150,465$587,179$3,193,458
5$6,227,656$2,260,190$616,538$3,350,928
6$6,539,039$2,375,402$647,365$3,516,273
7$6,865,992$2,496,374$679,733$3,689,884
8$7,209,291$2,623,395$713,720$3,872,176
9$7,569,756$2,756,767$749,406$4,063,583
10$7,948,243$2,896,807$786,876$4,264,560
11$8,345,656$3,043,850$826,220$4,475,586
12$8,762,938$3,198,244$867,531$4,697,163
13$9,201,085$3,360,359$910,907$4,929,819
14$9,661,140$3,530,579$956,453$5,174,108
15$10,144,196$3,709,310$1,004,275$5,430,611
16$10,651,406$3,896,978$1,054,489$5,699,940
17$11,183,976$4,094,029$1,107,214$5,982,734
18$11,743,175$4,300,932$1,162,574$6,279,669
19$12,330,334$4,518,181$1,220,703$6,591,450
20$12,946,851$4,746,292$1,281,738$6,918,821
21$13,594,193$4,985,809$1,345,825$7,262,559
22$14,273,903$5,237,301$1,413,116$7,623,485
23$14,987,598$5,501,369$1,483,772$8,002,457
24$15,736,978$5,778,639$1,557,961$8,400,378
25$16,523,827$6,069,773$1,635,859$8,818,195
26$17,350,018$6,375,464$1,717,652$9,256,903
27$18,217,519$6,696,439$1,803,534$9,717,546
28$19,128,395$7,033,463$1,893,711$10,201,221
29$20,084,815$7,387,339$1,988,397$10,709,079
30$21,089,056$7,758,908$2,087,817$11,242,331
Total$340,400,001$124,626,717$33,699,599$182,073,683

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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.