USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Feb 24, 2024

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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 $375,900,000 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 24, 2024
Jackpot:$375,900,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$5,657,834$2,050,419$560,126$3,047,290
2$5,940,726$2,155,089$588,132$3,197,505
3$6,237,762$2,264,992$617,538$3,355,232
4$6,549,651$2,380,391$648,415$3,520,844
5$6,877,133$2,501,559$680,836$3,694,737
6$7,220,990$2,628,786$714,878$3,877,325
7$7,582,039$2,762,375$750,622$4,069,043
8$7,961,141$2,902,643$788,153$4,270,346
9$8,359,198$3,049,924$827,561$4,481,714
10$8,777,158$3,204,569$868,939$4,703,651
11$9,216,016$3,366,946$912,386$4,936,684
12$9,676,817$3,537,443$958,005$5,181,370
13$10,160,658$3,716,464$1,005,905$5,438,289
14$10,668,691$3,904,436$1,056,200$5,708,055
15$11,202,125$4,101,807$1,109,010$5,991,308
16$11,762,232$4,309,046$1,164,461$6,288,725
17$12,350,343$4,526,647$1,222,684$6,601,012
18$12,967,860$4,755,129$1,283,818$6,928,914
19$13,616,253$4,995,034$1,348,009$7,273,210
20$14,297,066$5,246,935$1,415,410$7,634,722
21$15,011,919$5,511,430$1,486,180$8,014,309
22$15,762,515$5,789,151$1,560,489$8,412,875
23$16,550,641$6,080,757$1,638,513$8,831,370
24$17,378,173$6,386,944$1,720,439$9,270,789
25$18,247,081$6,708,440$1,806,461$9,732,180
26$19,159,436$7,046,011$1,896,784$10,216,640
27$20,117,408$7,400,461$1,991,623$10,725,323
28$21,123,278$7,772,633$2,091,204$11,259,440
29$22,179,442$8,163,414$2,195,765$11,820,263
30$23,288,414$8,573,733$2,305,553$12,409,128
Total$375,900,001$137,793,608$37,214,099$200,892,293

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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.