USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Sep 24, 2022

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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 $274,800,000 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, Sep 24, 2022
Jackpot:$274,800,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,136,134$1,488,557$409,477$2,238,100
2$4,342,941$1,565,076$429,951$2,347,914
3$4,560,088$1,645,420$451,449$2,463,219
4$4,788,093$1,729,782$474,021$2,584,289
5$5,027,497$1,818,362$497,722$2,711,413
6$5,278,872$1,911,370$522,608$2,844,893
7$5,542,816$2,009,030$548,739$2,985,047
8$5,819,956$2,111,572$576,176$3,132,209
9$6,110,954$2,219,241$604,984$3,286,729
10$6,416,502$2,332,293$635,234$3,448,975
11$6,737,327$2,450,999$666,995$3,619,333
12$7,074,193$2,575,639$700,345$3,798,209
13$7,427,903$2,706,512$735,362$3,986,029
14$7,799,298$2,843,928$772,131$4,183,240
15$8,189,263$2,988,215$810,737$4,390,311
16$8,598,726$3,139,717$851,274$4,607,736
17$9,028,663$3,298,793$893,838$4,836,032
18$9,480,096$3,465,823$938,529$5,075,743
19$9,954,100$3,641,205$985,456$5,327,440
20$10,451,806$3,825,356$1,034,729$5,591,721
21$10,974,396$4,018,714$1,086,465$5,869,216
22$11,523,116$4,221,741$1,140,788$6,160,587
23$12,099,271$4,434,918$1,197,828$6,466,525
24$12,704,235$4,658,755$1,257,719$6,787,761
25$13,339,447$4,893,783$1,320,605$7,125,058
26$14,006,419$5,140,563$1,386,635$7,479,221
27$14,706,740$5,399,682$1,455,967$7,851,091
28$15,442,077$5,671,756$1,528,766$8,241,555
29$16,214,181$5,957,435$1,605,204$8,651,542
30$17,024,890$6,257,397$1,685,464$9,082,029
Total$274,800,001$100,421,634$27,205,198$147,173,167

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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.