USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jul 31, 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 $198,200,000 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, Jul 31, 2021
Jackpot:$198,200,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,983,194$1,059,739$295,336$1,628,119
2$3,132,354$1,114,928$310,103$1,707,323
3$3,288,972$1,172,877$325,608$1,790,487
4$3,453,421$1,233,723$341,889$1,877,809
5$3,626,091$1,297,611$358,983$1,969,497
6$3,807,396$1,364,694$376,932$2,065,770
7$3,997,766$1,435,131$395,779$2,166,856
8$4,197,654$1,509,089$415,568$2,272,997
9$4,407,537$1,586,746$436,346$2,384,445
10$4,627,914$1,668,285$458,163$2,501,465
11$4,859,309$1,753,902$481,072$2,624,336
12$5,102,275$1,843,799$505,125$2,753,351
13$5,357,389$1,938,191$530,381$2,888,816
14$5,625,258$2,037,303$556,901$3,031,055
15$5,906,521$2,141,370$584,746$3,180,405
16$6,201,847$2,250,641$613,983$3,337,224
17$6,511,939$2,365,375$644,682$3,501,883
18$6,837,536$2,485,846$676,916$3,674,775
19$7,179,413$2,612,340$710,762$3,856,311
20$7,538,384$2,745,159$746,300$4,046,925
21$7,915,303$2,884,619$783,615$4,247,069
22$8,311,068$3,031,052$822,796$4,457,220
23$8,726,622$3,184,807$863,936$4,677,879
24$9,162,952$3,346,250$907,132$4,909,571
25$9,621,100$3,515,764$952,489$5,152,847
26$10,102,155$3,693,755$1,000,113$5,408,287
27$10,607,263$3,880,645$1,050,119$5,676,499
28$11,137,626$4,076,879$1,102,625$5,958,122
29$11,694,507$4,282,925$1,157,756$6,253,826
30$12,279,233$4,499,273$1,215,644$6,564,315
Total$198,200,000$72,012,718$19,621,800$106,565,484

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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.