USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jun 10, 2017

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The tax information provided here is based on 2022 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 $447,800,000 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 prize money, as well as deductions claimed.

State:

Oregon

Drawing Date:Sat, Jun 10, 2017
Jackpot:$447,800,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,740,033$2,456,767$667,263$3,616,002
2$7,077,034$2,581,458$700,626$3,794,950
3$7,430,886$2,712,383$735,658$3,982,845
4$7,802,430$2,849,854$772,441$4,180,136
5$8,192,552$2,994,199$811,063$4,387,290
6$8,602,179$3,145,761$851,616$4,604,802
7$9,032,289$3,304,902$894,197$4,833,190
8$9,483,903$3,471,999$938,906$5,072,997
9$9,958,098$3,647,451$985,852$5,324,795
10$10,456,003$3,831,676$1,035,144$5,589,182
11$10,978,803$4,025,112$1,086,902$5,866,789
12$11,527,743$4,228,220$1,141,247$6,158,277
13$12,104,130$4,441,483$1,198,309$6,464,338
14$12,709,337$4,665,410$1,258,224$6,785,703
15$13,344,804$4,900,532$1,321,136$7,123,136
16$14,012,044$5,147,411$1,387,192$7,477,440
17$14,712,646$5,406,634$1,456,552$7,849,460
18$15,448,278$5,678,818$1,529,380$8,240,081
19$16,220,692$5,964,611$1,605,849$8,650,232
20$17,031,727$6,264,694$1,686,141$9,080,892
21$17,883,313$6,579,781$1,770,448$9,533,084
22$18,777,479$6,910,622$1,858,970$10,007,886
23$19,716,353$7,258,006$1,951,919$10,506,428
24$20,702,170$7,622,758$2,049,515$11,029,897
25$21,737,279$8,005,748$2,151,991$11,579,540
26$22,824,143$8,407,888$2,259,590$12,156,665
27$23,965,350$8,830,135$2,372,570$12,762,646
28$25,163,617$9,273,493$2,491,198$13,398,926
29$26,421,798$9,739,020$2,615,758$14,067,020
30$27,742,888$10,227,824$2,746,546$14,768,519
Total$447,800,001$164,574,650$44,332,203$238,893,148

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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.