USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jul 6, 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 $35,300,000 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, Jul 6, 2022
Jackpot:$35,300,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$531,316$154,730$52,600$323,986
2$557,881$164,028$55,230$338,623
3$585,776$173,791$57,992$353,993
4$615,064$184,042$60,891$370,131
5$645,817$194,910$63,936$386,972
6$678,108$206,857$67,133$404,118
7$712,014$219,402$70,489$422,122
8$747,614$232,575$74,014$441,026
9$784,995$246,405$77,715$460,875
10$824,245$260,928$81,600$481,717
11$865,457$276,176$85,680$503,601
12$908,730$292,187$89,964$526,578
13$954,167$308,999$94,462$550,705
14$1,001,875$326,651$99,186$576,038
15$1,051,969$345,186$104,145$602,638
16$1,104,567$364,647$109,352$630,568
17$1,159,795$385,082$114,820$659,894
18$1,217,785$406,538$120,561$690,687
19$1,278,674$429,067$126,589$723,019
20$1,342,608$452,722$132,918$756,968
21$1,409,739$477,561$139,564$792,614
22$1,480,226$503,641$146,542$830,043
23$1,554,237$531,025$153,869$869,343
24$1,631,949$559,778$161,563$910,607
25$1,713,546$589,969$169,641$953,936
26$1,799,223$621,670$178,123$999,430
27$1,889,185$654,956$187,029$1,047,200
28$1,983,644$689,905$196,381$1,097,358
29$2,082,826$726,603$206,200$1,150,023
30$2,186,967$765,135$216,510$1,205,322
Total$35,300,000$11,745,166$3,494,699$20,060,135

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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.