USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jul 18, 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 $97,100,000 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, Jul 18, 2020
Jackpot:$97,100,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,461,494$496,710$144,688$820,096
2$1,534,569$523,748$151,922$858,899
3$1,611,297$552,137$159,518$899,642
4$1,691,862$581,946$167,494$942,422
5$1,776,455$613,246$175,869$987,341
6$1,865,278$646,110$184,663$1,034,506
7$1,958,542$680,618$193,896$1,084,029
8$2,056,469$716,851$203,590$1,136,028
9$2,159,293$754,896$213,770$1,190,627
10$2,267,257$794,842$224,458$1,247,956
11$2,380,620$836,787$235,681$1,308,152
12$2,499,651$880,828$247,465$1,371,358
13$2,624,634$927,072$259,839$1,437,723
14$2,755,866$975,628$272,831$1,507,407
15$2,893,659$1,026,611$286,472$1,580,576
16$3,038,342$1,080,144$300,796$1,657,402
17$3,190,259$1,136,353$315,836$1,738,070
18$3,349,772$1,195,373$331,627$1,822,772
19$3,517,260$1,257,344$348,209$1,911,708
20$3,693,123$1,322,413$365,619$2,005,091
21$3,877,780$1,390,736$383,900$2,103,144
22$4,071,669$1,462,475$403,095$2,206,099
23$4,275,252$1,537,800$423,250$2,314,202
24$4,489,015$1,616,893$444,412$2,427,709
25$4,713,465$1,699,939$466,633$2,546,893
26$4,949,139$1,787,139$489,965$2,672,035
27$5,196,596$1,878,698$514,463$2,803,435
28$5,456,425$1,974,835$540,186$2,941,405
29$5,729,247$2,075,778$567,195$3,086,273
30$6,015,709$2,181,770$595,555$3,238,384
Total$97,100,000$34,605,720$9,612,897$52,881,384

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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.