USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jul 9, 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 $49,800,000 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:Sat, Jul 9, 2022
Jackpot:$49,800,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$749,561$233,295$74,207$442,060
2$787,040$247,162$77,917$461,961
3$826,392$261,722$81,813$482,857
4$867,711$277,010$85,903$504,797
5$911,097$293,063$90,199$527,835
6$956,651$309,918$94,708$552,025
7$1,004,484$327,616$99,444$577,424
8$1,054,708$346,199$104,416$604,093
9$1,107,444$365,711$109,637$632,095
10$1,162,816$386,199$115,119$661,498
11$1,220,957$407,711$120,875$692,371
12$1,282,004$430,299$126,918$724,787
13$1,346,105$454,016$133,264$758,824
14$1,413,410$478,919$139,928$794,563
15$1,484,080$505,067$146,924$832,089
16$1,558,284$532,523$154,270$871,492
17$1,636,199$561,351$161,984$912,864
18$1,718,009$591,620$170,083$956,305
19$1,803,909$623,404$178,587$1,001,918
20$1,894,105$656,776$187,516$1,049,812
21$1,988,810$691,817$196,892$1,100,101
22$2,088,250$728,610$206,737$1,152,904
23$2,192,663$767,242$217,074$1,208,347
24$2,302,296$807,807$227,927$1,266,562
25$2,417,411$850,399$239,324$1,327,688
26$2,538,281$895,121$251,290$1,391,870
27$2,665,195$942,079$263,854$1,459,261
28$2,798,455$991,386$277,047$1,530,022
29$2,938,378$1,043,157$290,899$1,604,321
30$3,085,297$1,097,517$305,444$1,682,335
Total$49,800,000$17,104,716$4,930,200$27,765,081

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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.