USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Sep 11, 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 $526,600,000 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:Mon, Sep 11, 2023
Jackpot:$526,600,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$7,926,086$2,888,609$784,682$4,252,794
2$8,322,390$3,035,242$823,917$4,463,232
3$8,738,509$3,189,206$865,112$4,684,191
4$9,175,435$3,350,868$908,368$4,916,199
5$9,634,207$3,520,614$953,786$5,159,806
6$10,115,917$3,698,847$1,001,476$5,415,595
7$10,621,713$3,885,991$1,051,550$5,684,172
8$11,152,799$4,082,493$1,104,127$5,966,179
9$11,710,439$4,288,820$1,159,333$6,262,286
10$12,295,960$4,505,463$1,217,300$6,573,198
11$12,910,759$4,732,938$1,278,165$6,899,656
12$13,556,296$4,971,787$1,342,073$7,242,436
13$14,234,111$5,222,578$1,409,177$7,602,356
14$14,945,817$5,485,910$1,479,636$7,980,272
15$15,693,108$5,762,407$1,553,618$8,377,083
16$16,477,763$6,052,730$1,631,299$8,793,735
17$17,301,651$6,357,568$1,712,863$9,231,219
18$18,166,734$6,677,649$1,798,507$9,690,578
19$19,075,070$7,013,733$1,888,432$10,172,905
20$20,028,824$7,366,622$1,982,854$10,679,348
21$21,030,265$7,737,155$2,081,996$11,211,113
22$22,081,778$8,126,215$2,186,096$11,769,467
23$23,185,867$8,534,728$2,295,401$12,355,738
24$24,345,160$8,963,667$2,410,171$12,971,323
25$25,562,418$9,414,052$2,530,679$13,617,687
26$26,840,540$9,886,957$2,657,213$14,296,369
27$28,182,567$10,383,507$2,790,074$15,008,986
28$29,591,695$10,904,884$2,929,578$15,757,233
29$31,071,279$11,452,331$3,076,057$16,542,892
30$32,624,844$12,027,149$3,229,860$17,367,835
Total$526,600,001$193,520,720$52,133,400$280,945,883

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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.