USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jun 14, 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 $341,600,000 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, Jun 14, 2023
Jackpot:$341,600,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,141,570$1,858,338$509,015$2,774,217
2$5,398,649$1,953,457$534,466$2,910,725
3$5,668,581$2,053,332$561,190$3,054,059
4$5,952,010$2,158,201$589,249$3,204,560
5$6,249,611$2,268,313$618,711$3,362,586
6$6,562,091$2,383,931$649,647$3,528,513
7$6,890,196$2,505,330$682,129$3,702,737
8$7,234,706$2,632,798$716,236$3,885,672
9$7,596,441$2,766,640$752,048$4,077,753
10$7,976,263$2,907,175$789,650$4,279,438
11$8,375,076$3,054,735$829,133$4,491,208
12$8,793,830$3,209,674$870,589$4,713,566
13$9,233,521$3,372,360$914,119$4,947,043
14$9,695,198$3,543,180$959,825$5,192,193
15$10,179,957$3,722,541$1,007,816$5,449,600
16$10,688,955$3,910,871$1,058,207$5,719,878
17$11,223,403$4,108,616$1,111,117$6,003,670
18$11,784,573$4,316,249$1,166,673$6,301,651
19$12,373,802$4,534,264$1,225,006$6,614,531
20$12,992,492$4,763,179$1,286,257$6,943,056
21$13,642,116$5,003,540$1,350,570$7,288,007
22$14,324,222$5,255,919$1,418,098$7,650,205
23$15,040,433$5,520,918$1,489,003$8,030,513
24$15,792,455$5,799,166$1,563,453$8,429,836
25$16,582,078$6,091,326$1,641,626$8,849,126
26$17,411,182$6,398,095$1,723,707$9,289,380
27$18,281,741$6,720,201$1,809,892$9,751,647
28$19,195,828$7,058,413$1,900,387$10,237,027
29$20,155,619$7,413,536$1,995,406$10,746,677
30$21,163,400$7,786,415$2,095,177$11,281,808
Total$341,600,001$125,070,713$33,818,402$182,710,882

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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.