USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Apr 28, 2021

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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 $116,900,000 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:Wed, Apr 28, 2021
Jackpot:$116,900,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,759,513$606,977$174,192$978,344
2$1,847,488$639,528$182,901$1,025,059
3$1,939,863$673,706$192,046$1,074,110
4$2,036,856$709,594$201,649$1,125,613
5$2,138,699$747,276$211,731$1,179,692
6$2,245,634$786,842$222,318$1,236,474
7$2,357,915$828,386$233,434$1,296,096
8$2,475,811$872,007$245,105$1,358,698
9$2,599,602$917,810$257,361$1,424,431
10$2,729,582$965,903$270,229$1,493,451
11$2,866,061$1,016,400$283,740$1,565,921
12$3,009,364$1,069,422$297,927$1,642,015
13$3,159,832$1,125,095$312,823$1,721,914
14$3,317,824$1,183,552$328,465$1,805,807
15$3,483,715$1,244,932$344,888$1,893,895
16$3,657,901$1,309,381$362,132$1,986,388
17$3,840,796$1,377,052$380,239$2,083,505
18$4,032,835$1,448,106$399,251$2,185,478
19$4,234,477$1,522,714$419,213$2,292,550
20$4,446,201$1,601,052$440,174$2,404,976
21$4,668,511$1,683,306$462,183$2,523,022
22$4,901,937$1,769,674$485,292$2,646,971
23$5,147,034$1,860,360$509,556$2,777,118
24$5,404,385$1,955,580$535,034$2,913,771
25$5,674,604$2,055,561$561,786$3,057,258
26$5,958,335$2,160,541$589,875$3,207,919
27$6,256,252$2,270,770$619,369$3,366,112
28$6,569,064$2,386,511$650,337$3,532,216
29$6,897,517$2,508,039$682,854$3,706,624
30$7,242,393$2,635,643$716,997$3,889,754
Total$116,900,000$41,931,720$11,573,101$63,395,182

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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.