USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Feb 18, 2023

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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 $77,500,000 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, Feb 18, 2023
Jackpot:$77,500,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,166,486$387,557$115,482$663,447
2$1,224,811$409,137$121,256$694,417
3$1,286,051$431,796$127,319$726,936
4$1,350,354$455,588$133,685$761,081
5$1,417,871$480,570$140,369$796,932
6$1,488,765$506,800$147,388$834,577
7$1,563,203$534,342$154,757$874,104
8$1,641,363$563,262$162,495$915,607
9$1,723,431$593,627$170,620$959,185
10$1,809,603$625,510$179,151$1,004,942
11$1,900,083$658,988$188,108$1,052,987
12$1,995,087$694,140$197,514$1,103,434
13$2,094,842$731,049$207,389$1,156,404
14$2,199,584$769,803$217,759$1,212,022
15$2,309,563$810,496$228,647$1,270,421
16$2,425,041$853,222$240,079$1,331,740
17$2,546,293$898,086$252,083$1,396,124
18$2,673,608$945,192$264,687$1,463,728
19$2,807,288$994,654$277,922$1,534,713
20$2,947,653$1,046,589$291,818$1,609,246
21$3,095,035$1,101,120$306,408$1,687,506
22$3,249,787$1,158,378$321,729$1,769,680
23$3,412,276$1,218,499$337,815$1,855,961
24$3,582,890$1,281,627$354,706$1,946,557
25$3,762,035$1,347,910$372,441$2,041,683
26$3,950,136$1,417,508$391,064$2,141,565
27$4,147,643$1,490,585$410,617$2,246,441
28$4,355,025$1,567,317$431,148$2,356,561
29$4,572,777$1,647,885$452,705$2,472,187
30$4,801,415$1,732,481$475,340$2,593,594
Total$77,500,000$27,353,718$7,672,501$42,473,782

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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.