USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Oct 11, 2023

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The tax information provided here is based on 2025 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 $1,764,900,000 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, Oct 11, 2023
Jackpot:$1,764,900,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$26,564,278$9,785,803$2,629,863$14,148,611
2$27,892,492$10,277,242$2,761,357$14,853,893
3$29,287,116$10,793,253$2,899,424$15,594,438
4$30,751,473$11,335,065$3,044,396$16,372,012
5$32,289,045$11,903,967$3,196,615$17,188,463
6$33,903,498$12,501,314$3,356,446$18,045,737
7$35,598,674$13,128,530$3,524,269$18,945,875
8$37,378,607$13,787,105$3,700,482$19,891,020
9$39,247,537$14,478,609$3,885,506$20,883,422
10$41,209,914$15,204,688$4,079,781$21,925,444
11$43,270,410$15,967,072$4,283,771$23,019,567
12$45,433,930$16,767,574$4,497,959$24,168,397
13$47,705,626$17,608,102$4,722,857$25,374,667
14$50,090,908$18,490,656$4,959,000$26,641,252
15$52,595,453$19,417,338$5,206,950$27,971,165
16$55,225,226$20,390,354$5,467,297$29,367,575
17$57,986,487$21,412,020$5,740,662$30,833,804
18$60,885,811$22,484,770$6,027,695$32,373,346
19$63,930,102$23,611,158$6,329,080$33,989,864
20$67,126,607$24,793,865$6,645,534$35,687,208
21$70,482,937$26,035,707$6,977,811$37,469,419
22$74,007,084$27,339,641$7,326,701$39,340,741
23$77,707,439$28,708,773$7,693,036$41,305,630
24$81,592,810$30,146,360$8,077,688$43,368,762
25$85,672,450$31,655,827$8,481,573$45,535,051
26$89,956,074$33,240,768$8,905,651$47,809,655
27$94,453,878$34,904,955$9,350,934$50,197,989
28$99,176,570$36,652,351$9,818,480$52,705,738
29$104,135,399$38,487,118$10,309,404$55,338,877
30$109,342,170$40,413,623$10,824,875$58,103,672
Total$1,764,900,004$651,723,608$174,725,097$938,451,294

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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.