USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Sep 20, 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 $677,100,000 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, Sep 20, 2023
Jackpot:$677,100,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$10,191,327$3,727,811$1,008,941$5,454,574
2$10,700,893$3,916,351$1,059,388$5,725,154
3$11,235,938$4,114,317$1,112,358$6,009,263
4$11,797,735$4,322,182$1,167,976$6,307,577
5$12,387,621$4,540,440$1,226,374$6,620,807
6$13,007,002$4,769,611$1,287,693$6,949,698
7$13,657,353$5,010,241$1,352,078$7,295,034
8$14,340,220$5,262,902$1,419,682$7,657,637
9$15,057,231$5,528,196$1,490,666$8,038,370
10$15,810,093$5,806,755$1,565,199$8,438,139
11$16,600,597$6,099,241$1,643,459$8,857,897
12$17,430,627$6,406,352$1,725,632$9,298,643
13$18,302,159$6,728,819$1,811,914$9,761,426
14$19,217,267$7,067,409$1,902,509$10,247,348
15$20,178,130$7,422,928$1,997,635$10,757,567
16$21,187,037$7,796,224$2,097,517$11,293,296
17$22,246,388$8,188,184$2,202,392$11,855,812
18$23,358,708$8,599,742$2,312,512$12,446,453
19$24,526,643$9,031,878$2,428,138$13,066,627
20$25,752,975$9,485,621$2,549,545$13,717,810
21$27,040,624$9,962,051$2,677,022$14,401,551
22$28,392,655$10,462,303$2,810,873$15,119,479
23$29,812,288$10,987,567$2,951,416$15,873,305
24$31,302,902$11,539,094$3,098,987$16,664,821
25$32,868,047$12,118,198$3,253,937$17,495,913
26$34,511,450$12,726,257$3,416,634$18,368,560
27$36,237,022$13,364,718$3,587,465$19,284,839
28$38,048,873$14,035,103$3,766,838$20,246,931
29$39,951,317$14,739,007$3,955,180$21,257,129
30$41,948,883$15,478,107$4,152,939$22,317,837
Total$677,100,001$249,237,609$67,032,899$360,829,497

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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.