USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Sep 18, 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 $176,300,000 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 18, 2024
Jackpot:$176,300,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$2,653,568$938,840$262,703$1,452,024
2$2,786,246$987,931$275,838$1,522,477
3$2,925,559$1,039,477$289,630$1,596,451
4$3,071,837$1,093,600$304,112$1,674,125
5$3,225,428$1,150,429$319,317$1,755,682
6$3,386,700$1,210,099$335,283$1,841,317
7$3,556,035$1,272,753$352,047$1,931,234
8$3,733,837$1,338,540$369,650$2,025,647
9$3,920,529$1,407,616$388,132$2,124,780
10$4,116,555$1,480,146$407,539$2,228,870
11$4,322,383$1,556,302$427,916$2,338,165
12$4,538,502$1,636,266$449,312$2,452,924
13$4,765,427$1,720,228$471,777$2,573,421
14$5,003,698$1,808,389$495,366$2,699,944
15$5,253,883$1,900,957$520,134$2,832,792
16$5,516,577$1,998,154$546,141$2,972,282
17$5,792,406$2,100,211$573,448$3,118,747
18$6,082,026$2,207,370$602,121$3,272,536
19$6,386,128$2,319,888$632,227$3,434,014
20$6,705,434$2,438,031$663,838$3,603,565
21$7,040,706$2,562,081$697,030$3,781,595
22$7,392,741$2,692,334$731,881$3,968,525
23$7,762,378$2,829,100$768,475$4,164,803
24$8,150,497$2,972,704$806,899$4,370,894
25$8,558,022$3,123,488$847,244$4,587,289
26$8,985,923$3,281,812$889,606$4,814,505
27$9,435,219$3,448,051$934,087$5,053,081
28$9,906,980$3,622,603$980,791$5,303,586
29$10,402,329$3,805,882$1,029,831$5,566,617
30$10,922,446$3,998,325$1,081,322$5,842,798
Total$176,300,000$63,941,607$17,453,697$94,904,690

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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.