USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Nov 22, 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 $316,400,000 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, Nov 22, 2023
Jackpot:$316,400,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,762,274$1,719,062$471,465$2,571,747
2$5,000,388$1,807,164$495,038$2,698,186
3$5,250,407$1,899,671$519,790$2,830,946
4$5,512,928$1,996,803$545,780$2,970,344
5$5,788,574$2,098,793$573,069$3,116,712
6$6,078,003$2,205,881$601,722$3,270,399
7$6,381,903$2,318,324$631,808$3,431,770
8$6,700,998$2,436,389$663,399$3,601,210
9$7,036,048$2,560,358$696,569$3,779,121
10$7,387,850$2,690,525$731,397$3,965,928
11$7,757,243$2,827,200$767,967$4,162,076
12$8,145,105$2,970,709$806,365$4,368,030
13$8,552,360$3,121,393$846,684$4,584,283
14$8,979,978$3,279,612$889,018$4,811,348
15$9,428,977$3,445,742$933,469$5,049,766
16$9,900,426$3,620,178$980,142$5,300,106
17$10,395,447$3,803,336$1,029,149$5,562,962
18$10,915,219$3,995,651$1,080,607$5,838,961
19$11,460,980$4,197,583$1,134,637$6,128,760
20$12,034,029$4,409,611$1,191,369$6,433,049
21$12,635,731$4,632,241$1,250,937$6,752,553
22$13,267,517$4,866,002$1,313,484$7,088,031
23$13,930,893$5,111,451$1,379,158$7,440,284
24$14,627,438$5,369,172$1,448,116$7,810,149
25$15,358,810$5,639,780$1,520,522$8,198,508
26$16,126,750$5,923,918$1,596,548$8,606,284
27$16,933,088$6,222,263$1,676,376$9,034,449
28$17,779,742$6,535,525$1,760,194$9,484,023
29$18,668,729$6,864,450$1,848,204$9,956,075
30$19,602,166$7,209,822$1,940,614$10,451,730
Total$316,400,001$115,778,609$31,323,597$169,297,790

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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.