USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Dec 14, 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 $134,800,000 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, Dec 14, 2022
Jackpot:$134,800,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,028,933$706,663$200,864$1,121,406
2$2,130,380$744,198$210,908$1,175,275
3$2,236,899$783,610$221,453$1,231,836
4$2,348,744$824,993$232,526$1,291,226
5$2,466,181$868,444$244,152$1,353,585
6$2,589,490$914,069$256,360$1,419,062
7$2,718,965$961,974$269,178$1,487,813
8$2,854,913$1,012,275$282,636$1,560,002
9$2,997,659$1,065,091$296,768$1,635,800
10$3,147,542$1,120,548$311,607$1,715,387
11$3,304,919$1,178,777$327,187$1,798,955
12$3,470,165$1,239,918$343,546$1,886,700
13$3,643,673$1,304,116$360,724$1,978,833
14$3,825,857$1,371,524$378,760$2,075,573
15$4,017,149$1,442,303$397,698$2,177,149
16$4,218,007$1,516,620$417,583$2,283,804
17$4,428,907$1,594,653$438,462$2,395,792
18$4,650,353$1,676,588$460,385$2,513,380
19$4,882,870$1,762,619$483,404$2,636,847
20$5,127,014$1,852,952$507,574$2,766,487
21$5,383,364$1,947,802$532,953$2,902,609
22$5,652,533$2,047,394$559,601$3,045,538
23$5,935,159$2,151,966$587,581$3,195,612
24$6,231,917$2,261,767$616,960$3,353,191
25$6,543,513$2,377,057$647,808$3,518,648
26$6,870,689$2,498,112$680,198$3,692,379
27$7,214,223$2,625,220$714,208$3,874,795
28$7,574,934$2,758,683$749,919$4,066,333
29$7,953,681$2,898,819$787,414$4,267,447
30$8,351,365$3,045,962$826,785$4,478,618
Total$134,800,000$48,554,717$13,345,202$72,900,082

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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.