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Oregon Mega Millions Jackpot Annuity Payout Schedule for May 15, 2026

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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 Mega Millions 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 $251,000,000 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:Fri, May 15, 2026
Jackpot:$251,000,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Mega Millions annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,777,910$1,353,784$374,013$2,050,113
2$3,966,806$1,423,675$392,714$2,150,417
3$4,165,146$1,497,061$412,349$2,255,735
4$4,373,403$1,574,117$432,967$2,366,320
5$4,592,073$1,655,024$454,615$2,482,434
6$4,821,677$1,739,978$477,346$2,604,353
7$5,062,761$1,829,179$501,213$2,732,369
8$5,315,899$1,922,840$526,274$2,866,785
9$5,581,694$2,021,184$552,588$3,007,922
10$5,860,779$2,124,445$580,217$3,156,116
11$6,153,818$2,232,870$609,228$3,311,720
12$6,461,509$2,346,715$639,689$3,475,104
13$6,784,584$2,466,253$671,674$3,646,657
14$7,123,813$2,591,768$705,258$3,826,788
15$7,480,004$2,723,559$740,520$4,015,925
16$7,854,004$2,861,939$777,546$4,214,519
17$8,246,704$3,007,238$816,424$4,423,043
18$8,659,039$3,159,802$857,245$4,641,993
19$9,091,991$3,319,994$900,107$4,871,890
20$9,546,591$3,488,196$945,113$5,113,283
21$10,023,920$3,664,808$992,368$5,366,745
22$10,525,116$3,850,250$1,041,987$5,632,880
23$11,051,372$4,044,965$1,094,086$5,912,321
24$11,603,941$4,249,415$1,148,790$6,205,735
25$12,184,138$4,464,088$1,206,230$6,513,820
26$12,793,345$4,689,495$1,266,541$6,837,309
27$13,433,012$4,926,172$1,329,868$7,176,972
28$14,104,663$5,174,682$1,396,362$7,533,619
29$14,809,896$5,435,619$1,466,180$7,908,097
30$15,550,391$5,709,602$1,539,489$8,301,300
Total$251,000,001$91,548,717$24,849,001$134,602,284

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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.