USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Nov 30, 2022

Media: You may freely use any information on this page, but you must credit usamega.com.

The tax information provided here is based on 2024 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 $65,600,000 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 money, as well as deductions claimed.

State:

Oregon

Drawing Date:Wed, Nov 30, 2022
Jackpot:$65,600,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$987,374$323,516$97,750$566,108
2$1,036,743$341,783$102,638$592,323
3$1,088,580$360,962$107,769$619,848
4$1,143,009$381,101$113,158$648,750
5$1,200,159$402,247$118,816$679,097
6$1,260,167$424,450$124,757$710,961
7$1,323,176$447,763$130,994$744,419
8$1,389,335$472,242$137,544$779,549
9$1,458,801$497,944$144,421$816,436
10$1,531,741$524,932$151,642$855,167
11$1,608,328$553,269$159,225$895,835
12$1,688,745$583,023$167,186$938,536
13$1,773,182$614,265$175,545$983,372
14$1,861,841$647,069$184,322$1,030,450
15$1,954,933$681,513$193,538$1,079,882
16$2,052,680$717,679$203,215$1,131,785
17$2,155,314$755,654$213,376$1,186,284
18$2,263,080$795,527$224,045$1,243,508
19$2,376,234$837,394$235,247$1,303,592
20$2,495,045$881,355$247,009$1,366,681
21$2,619,798$927,513$259,360$1,432,925
22$2,750,787$975,979$272,328$1,502,480
23$2,888,327$1,026,869$285,944$1,575,514
24$3,032,743$1,080,303$300,242$1,652,199
25$3,184,380$1,136,408$315,254$1,732,718
26$3,343,599$1,195,320$331,016$1,817,263
27$3,510,779$1,257,176$347,567$1,906,036
28$3,686,318$1,322,125$364,946$1,999,247
29$3,870,634$1,390,322$383,193$2,097,119
30$4,064,166$1,461,929$402,352$2,199,884
Total$65,600,000$23,017,632$6,494,399$36,087,968

◄ Back to Jackpot Analysis

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.