USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for May 23, 2020

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 $106,100,000 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, May 23, 2020
Jackpot:$106,100,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,596,957$546,831$158,099$892,027
2$1,676,805$576,375$166,004$934,426
3$1,760,645$607,396$174,304$978,945
4$1,848,678$639,968$183,019$1,025,691
5$1,941,111$674,169$192,170$1,074,773
6$2,038,167$710,079$201,779$1,126,309
7$2,140,076$747,785$211,867$1,180,423
8$2,247,079$787,377$222,461$1,237,242
9$2,359,433$828,948$233,584$1,296,902
10$2,477,405$872,597$245,263$1,359,545
11$2,601,275$918,429$257,526$1,425,320
12$2,731,339$966,553$270,403$1,494,384
13$2,867,906$1,017,082$283,923$1,566,901
14$3,011,301$1,070,139$298,119$1,643,044
15$3,161,866$1,125,848$313,025$1,722,994
16$3,319,960$1,184,342$328,676$1,806,941
17$3,485,957$1,245,761$345,110$1,895,086
18$3,660,255$1,310,252$362,365$1,987,638
19$3,843,268$1,377,966$380,484$2,084,818
20$4,035,431$1,449,067$399,508$2,186,857
21$4,237,203$1,523,722$419,483$2,293,998
22$4,449,063$1,602,111$440,457$2,406,495
23$4,671,516$1,684,418$462,480$2,524,618
24$4,905,092$1,770,841$485,604$2,648,647
25$5,150,347$1,861,586$509,884$2,778,877
26$5,407,864$1,956,867$535,379$2,915,619
27$5,678,257$2,056,912$562,147$3,059,197
28$5,962,170$2,161,960$590,255$3,209,955
29$6,260,279$2,272,260$619,768$3,368,251
30$6,573,293$2,388,076$650,756$3,534,461
Total$106,100,000$37,935,717$10,503,902$57,660,384

◄ 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.