USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for May 8, 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 $155,900,000 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:Sat, May 8, 2021
Jackpot:$155,900,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,346,519$824,169$232,305$1,290,044
2$2,463,845$867,580$243,921$1,352,344
3$2,587,037$913,161$256,117$1,417,759
4$2,716,389$961,021$268,922$1,486,445
5$2,852,208$1,011,274$282,369$1,558,565
6$2,994,819$1,064,040$296,487$1,634,291
7$3,144,560$1,119,444$311,311$1,713,804
8$3,301,788$1,177,619$326,877$1,797,292
9$3,466,877$1,238,702$343,221$1,884,954
10$3,640,221$1,302,839$360,382$1,977,000
11$3,822,232$1,370,183$378,401$2,073,648
12$4,013,343$1,440,894$397,321$2,175,128
13$4,214,011$1,515,141$417,187$2,281,682
14$4,424,711$1,593,100$438,046$2,393,564
15$4,645,947$1,674,957$459,949$2,511,040
16$4,878,244$1,760,908$482,946$2,634,390
17$5,122,156$1,851,155$507,093$2,763,908
18$5,378,264$1,945,915$532,448$2,899,901
19$5,647,177$2,045,413$559,071$3,042,694
20$5,929,536$2,149,886$587,024$3,192,626
21$6,226,013$2,259,582$616,375$3,350,056
22$6,537,313$2,374,763$647,194$3,515,356
23$6,864,179$2,495,704$679,554$3,688,922
24$7,207,388$2,622,691$713,531$3,871,166
25$7,567,757$2,756,027$749,208$4,062,522
26$7,946,145$2,896,031$786,668$4,263,446
27$8,343,453$3,043,035$826,002$4,474,416
28$8,760,625$3,197,389$867,302$4,695,935
29$9,198,656$3,359,460$910,667$4,928,529
30$9,658,589$3,529,635$956,200$5,172,754
Total$155,900,000$56,361,718$15,434,099$84,104,181

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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.