USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jun 5, 2021

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The tax information provided here is based on 2021 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 $285,600,000 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 prize money, as well as deductions claimed.

State:

Oregon

Drawing Date:Sat, Jun 5, 2021
Jackpot:$285,600,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,298,690$1,554,587$425,570$2,318,532
2$4,513,624$1,634,113$446,849$2,432,662
3$4,739,306$1,717,615$469,191$2,552,499
4$4,976,271$1,805,293$492,651$2,678,328
5$5,225,084$1,897,353$517,283$2,810,447
6$5,486,339$1,994,018$543,148$2,949,174
7$5,760,656$2,095,515$570,305$3,094,836
8$6,048,688$2,202,087$598,820$3,247,781
9$6,351,123$2,313,988$628,761$3,408,374
10$6,668,679$2,431,483$660,199$3,576,996
11$7,002,113$2,554,854$693,209$3,754,050
12$7,352,219$2,684,393$727,870$3,939,956
13$7,719,829$2,820,409$764,263$4,135,157
14$8,105,821$2,963,226$802,476$4,340,119
15$8,511,112$3,113,184$842,600$4,555,328
16$8,936,668$3,270,639$884,730$4,781,298
17$9,383,501$3,435,968$928,967$5,018,567
18$9,852,676$3,609,562$975,415$5,267,699
19$10,345,310$3,791,837$1,024,186$5,529,287
20$10,862,575$3,983,225$1,075,395$5,803,955
21$11,405,704$4,184,183$1,129,165$6,092,357
22$11,975,989$4,395,188$1,185,623$6,395,178
23$12,574,789$4,616,744$1,244,904$6,713,141
24$13,203,528$4,849,378$1,307,149$7,047,001
25$13,863,704$5,093,643$1,372,507$7,397,555
26$14,556,890$5,350,121$1,441,132$7,765,636
27$15,284,734$5,619,424$1,513,189$8,152,122
28$16,048,971$5,902,191$1,588,848$8,557,931
29$16,851,419$6,199,097$1,668,291$8,984,031
30$17,693,990$6,510,849$1,751,705$9,431,437
Total$285,600,001$104,594,167$28,274,401$152,731,434

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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.