USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Oct 17, 2020

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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 $81,900,000 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, Oct 17, 2020
Jackpot:$81,900,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,232,713$412,061$122,039$698,613
2$1,294,348$434,866$128,140$731,342
3$1,359,066$458,812$134,547$765,707
4$1,427,019$483,954$141,275$801,790
5$1,498,370$510,354$148,339$839,677
6$1,573,288$538,074$155,756$879,459
7$1,651,953$567,180$163,543$921,230
8$1,734,550$597,741$171,720$965,089
9$1,821,278$629,830$180,307$1,011,141
10$1,912,342$663,524$189,322$1,059,496
11$2,007,959$698,902$198,788$1,110,269
12$2,108,357$736,049$208,727$1,163,580
13$2,213,775$775,054$219,164$1,219,557
14$2,324,463$816,009$230,122$1,278,333
15$2,440,687$859,011$241,628$1,340,047
16$2,562,721$904,164$253,709$1,404,848
17$2,690,857$951,574$266,395$1,472,888
18$2,825,400$1,001,355$279,715$1,544,330
19$2,966,670$1,053,625$293,700$1,619,344
20$3,115,003$1,108,508$308,385$1,698,109
21$3,270,753$1,166,136$323,805$1,780,813
22$3,434,291$1,226,645$339,995$1,867,651
23$3,606,006$1,290,179$356,995$1,958,832
24$3,786,306$1,356,890$374,844$2,054,571
25$3,975,621$1,426,937$393,586$2,155,098
26$4,174,402$1,500,486$413,266$2,260,650
27$4,383,122$1,577,713$433,929$2,371,481
28$4,602,278$1,658,800$455,626$2,487,853
29$4,832,392$1,743,942$478,407$2,610,043
30$5,074,012$1,833,342$502,327$2,738,343
Total$81,900,000$28,981,717$8,108,101$44,810,184

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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.