USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Oct 2, 2021

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 $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$3,583,067$970,497$5,249,436
2$10,293,150$3,764,423$1,019,022$5,509,705
3$10,807,807$3,954,846$1,069,973$5,782,988
4$11,348,198$4,154,790$1,123,472$6,069,936
5$11,915,607$4,364,732$1,179,645$6,371,230
6$12,511,388$4,585,171$1,238,627$6,687,590
7$13,136,957$4,816,631$1,300,559$7,019,767
8$13,793,805$5,059,665$1,365,587$7,368,553
9$14,483,495$5,314,851$1,433,866$7,734,779
10$15,207,670$5,582,795$1,505,559$8,119,316
11$15,968,054$5,864,137$1,580,837$8,523,079
12$16,766,456$6,159,546$1,659,879$8,947,031
13$17,604,779$6,469,725$1,742,873$9,392,180
14$18,485,018$6,795,414$1,830,017$9,859,587
15$19,409,269$7,137,387$1,921,518$10,350,365
16$20,379,733$7,496,458$2,017,594$10,865,681
17$21,398,719$7,873,483$2,118,473$11,406,762
18$22,468,655$8,269,360$2,224,397$11,974,898
19$23,592,087$8,685,030$2,335,617$12,571,441
20$24,771,692$9,121,483$2,452,398$13,197,811
21$26,010,276$9,579,760$2,575,017$13,855,500
22$27,310,790$10,060,950$2,703,768$14,546,072
23$28,676,330$10,566,199$2,838,957$15,271,174
24$30,110,146$11,096,711$2,980,904$16,032,530
25$31,615,653$11,653,749$3,129,950$16,831,955
26$33,196,437$12,238,639$3,286,447$17,671,351
27$34,856,258$12,852,773$3,450,770$18,552,716
28$36,599,071$13,497,613$3,623,308$19,478,149
29$38,429,024$14,174,696$3,804,473$20,449,855
30$40,350,476$14,885,633$3,994,697$21,470,146
Total$651,300,001$239,659,717$64,478,701$347,161,583

◄ 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.