USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jan 12, 2022

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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 $35,500,000 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, Jan 12, 2022
Jackpot:$35,500,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$534,326$155,783$52,898$325,644
2$561,042$165,134$55,543$340,365
3$589,094$174,952$58,320$355,822
4$618,549$185,261$61,236$372,051
5$649,477$196,264$64,298$388,915
6$681,950$208,279$67,513$406,158
7$716,048$220,895$70,889$424,264
8$751,850$234,142$74,433$443,275
9$789,443$248,051$78,155$463,237
10$828,915$262,656$82,063$484,197
11$870,361$277,991$86,166$506,204
12$913,879$294,092$90,474$529,312
13$959,573$310,999$94,998$553,576
14$1,007,551$328,751$99,748$579,052
15$1,057,929$347,391$104,735$605,803
16$1,110,825$366,963$109,972$633,891
17$1,166,367$387,513$115,470$663,383
18$1,224,685$409,091$121,244$694,350
19$1,285,919$431,747$127,306$726,866
20$1,350,215$455,537$133,671$761,007
21$1,417,726$480,516$140,355$796,855
22$1,488,612$506,744$147,373$834,496
23$1,563,043$534,283$154,741$874,018
24$1,641,195$563,199$162,478$915,517
25$1,723,255$593,561$170,602$959,091
26$1,809,417$625,442$179,132$1,004,843
27$1,899,888$658,916$188,089$1,052,883
28$1,994,883$694,064$197,493$1,103,325
29$2,094,627$730,969$207,368$1,156,290
30$2,199,358$769,720$217,736$1,211,902
Total$35,500,000$11,818,906$3,514,499$20,166,592

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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.