USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Nov 16, 2022

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The tax information provided here is based on 2022 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 $76,000,000 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:Wed, Nov 16, 2022
Jackpot:$76,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,143,909$386,201$113,247$644,461
2$1,201,105$407,364$118,909$674,832
3$1,261,160$429,584$124,855$706,721
4$1,324,218$452,916$131,098$740,205
5$1,390,429$477,414$137,652$775,363
6$1,459,950$503,137$144,535$812,278
7$1,532,948$530,146$151,762$851,040
8$1,609,595$558,505$159,350$891,740
9$1,690,075$588,283$167,317$934,475
10$1,774,578$619,549$175,683$979,346
11$1,863,307$652,379$184,467$1,026,461
12$1,956,473$686,850$193,691$1,075,932
13$2,054,296$723,045$203,375$1,127,876
14$2,157,011$761,049$213,544$1,182,418
15$2,264,862$800,954$224,221$1,239,687
16$2,378,105$842,854$235,432$1,299,819
17$2,497,010$886,849$247,204$1,362,957
18$2,621,861$933,043$259,564$1,429,253
19$2,752,954$981,548$272,542$1,498,863
20$2,890,601$1,032,477$286,170$1,571,954
21$3,035,131$1,085,954$300,478$1,648,700
22$3,186,888$1,142,104$315,502$1,729,282
23$3,346,232$1,201,061$331,277$1,813,894
24$3,513,544$1,262,966$347,841$1,902,737
25$3,689,221$1,327,967$365,233$1,996,021
26$3,873,682$1,396,217$383,495$2,093,970
27$4,067,366$1,467,881$402,669$2,196,816
28$4,270,735$1,543,127$422,803$2,304,805
29$4,484,271$1,622,135$443,943$2,418,193
30$4,708,485$1,705,094$466,140$2,537,250
Total$76,000,000$27,008,653$7,523,999$41,467,349

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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.