USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jan 2, 2019

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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 $54,600,000 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, Jan 2, 2019
Jackpot:$54,600,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$821,808$260,026$81,359$480,423
2$862,899$275,230$85,427$502,242
3$906,044$291,193$89,698$525,152
4$951,346$307,955$94,183$549,207
5$998,913$325,555$98,892$574,466
6$1,048,859$344,035$103,837$600,987
7$1,101,302$363,439$109,029$628,834
8$1,156,367$383,813$114,480$658,074
9$1,214,185$405,206$120,204$688,775
10$1,274,894$427,668$126,215$721,012
11$1,338,639$451,254$132,525$754,860
12$1,405,571$476,019$139,152$790,401
13$1,475,850$502,022$146,109$827,719
14$1,549,642$529,325$153,415$866,903
15$1,627,124$557,993$161,085$908,046
16$1,708,481$588,095$169,140$951,246
17$1,793,905$619,702$177,597$996,606
18$1,883,600$652,889$186,476$1,044,234
19$1,977,780$687,736$195,800$1,094,244
20$2,076,669$724,325$205,590$1,146,754
21$2,180,502$762,743$215,870$1,201,889
22$2,289,527$803,082$226,663$1,259,782
23$2,404,004$845,439$237,996$1,320,569
24$2,524,204$889,913$249,896$1,384,395
25$2,650,414$936,610$262,391$1,451,413
26$2,782,935$985,643$275,511$1,521,781
27$2,922,082$1,037,127$289,286$1,595,668
28$3,068,186$1,091,186$303,750$1,673,249
29$3,221,595$1,147,947$318,938$1,754,710
30$3,382,675$1,207,547$334,885$1,840,243
Total$54,600,000$18,880,717$5,405,399$30,313,884

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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.