USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Aug 11, 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 $241,900,000 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, Aug 11, 2021
Jackpot:$241,900,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,640,942$1,303,106$360,453$1,977,383
2$3,822,989$1,370,463$378,476$2,074,050
3$4,014,139$1,441,189$397,400$2,175,550
4$4,214,846$1,515,450$417,270$2,282,126
5$4,425,588$1,593,425$438,133$2,394,030
6$4,646,867$1,675,298$460,040$2,511,529
7$4,879,211$1,761,265$483,042$2,634,904
8$5,123,171$1,851,531$507,194$2,764,447
9$5,379,330$1,946,309$532,554$2,900,467
10$5,648,296$2,045,827$559,181$3,043,288
11$5,930,711$2,150,320$587,140$3,193,250
12$6,227,247$2,260,039$616,497$3,350,711
13$6,538,609$2,375,243$647,322$3,516,044
14$6,865,540$2,496,207$679,688$3,689,644
15$7,208,816$2,623,219$713,673$3,871,924
16$7,569,257$2,756,582$749,356$4,063,318
17$7,947,720$2,896,614$786,824$4,264,282
18$8,345,106$3,043,647$826,166$4,475,294
19$8,762,361$3,198,031$867,474$4,696,857
20$9,200,480$3,360,135$910,847$4,929,497
21$9,660,503$3,530,344$956,390$5,173,770
22$10,143,529$3,709,063$1,004,209$5,430,256
23$10,650,705$3,896,718$1,054,420$5,699,567
24$11,183,240$4,093,756$1,107,141$5,982,343
25$11,742,402$4,300,646$1,162,498$6,279,258
26$12,329,523$4,517,881$1,220,623$6,591,019
27$12,945,999$4,745,977$1,281,654$6,918,368
28$13,593,298$4,985,478$1,345,737$7,262,084
29$14,272,963$5,236,954$1,413,023$7,622,986
30$14,986,612$5,501,004$1,483,675$8,001,934
Total$241,900,000$88,181,721$23,948,100$129,770,180

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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.