USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Oct 2, 2021

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The tax information provided here is based on 2025 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 $651,300,000 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 2, 2021
Jackpot:$651,300,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$9,803,000$3,584,130$970,497$5,248,373
2$10,293,150$3,765,486$1,019,022$5,508,642
3$10,807,807$3,955,909$1,069,973$5,781,925
4$11,348,198$4,155,853$1,123,472$6,068,873
5$11,915,607$4,365,795$1,179,645$6,370,167
6$12,511,388$4,586,234$1,238,627$6,686,527
7$13,136,957$4,817,694$1,300,559$7,018,704
8$13,793,805$5,060,728$1,365,587$7,367,490
9$14,483,495$5,315,914$1,433,866$7,733,716
10$15,207,670$5,583,858$1,505,559$8,118,253
11$15,968,054$5,865,200$1,580,837$8,522,016
12$16,766,456$6,160,609$1,659,879$8,945,968
13$17,604,779$6,470,788$1,742,873$9,391,117
14$18,485,018$6,796,477$1,830,017$9,858,524
15$19,409,269$7,138,450$1,921,518$10,349,302
16$20,379,733$7,497,521$2,017,594$10,864,618
17$21,398,719$7,874,546$2,118,473$11,405,699
18$22,468,655$8,270,423$2,224,397$11,973,835
19$23,592,087$8,686,093$2,335,617$12,570,378
20$24,771,692$9,122,546$2,452,398$13,196,748
21$26,010,276$9,580,823$2,575,017$13,854,437
22$27,310,790$10,062,013$2,703,768$14,545,009
23$28,676,330$10,567,262$2,838,957$15,270,111
24$30,110,146$11,097,774$2,980,904$16,031,467
25$31,615,653$11,654,812$3,129,950$16,830,892
26$33,196,437$12,239,702$3,286,447$17,670,288
27$34,856,258$12,853,836$3,450,770$18,551,653
28$36,599,071$13,498,676$3,623,308$19,477,086
29$38,429,024$14,175,759$3,804,473$20,448,792
30$40,350,476$14,886,696$3,994,697$21,469,083
Total$651,300,001$239,691,607$64,478,701$347,129,693

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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.