USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for May 1, 1999

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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 $46,900,000 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, May 1, 1999
Jackpot:$46,900,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$836,232$265,363$82,787$488,082
2$869,681$277,739$86,098$505,843
3$904,468$290,610$89,542$524,315
4$940,647$303,997$93,124$543,526
5$978,273$317,918$96,849$563,506
6$1,017,404$332,397$100,723$584,284
7$1,058,100$347,454$104,752$605,894
8$1,100,424$363,114$108,942$628,368
9$1,144,441$379,400$113,300$651,741
10$1,190,218$396,338$117,832$676,049
11$1,237,827$413,953$122,545$701,329
12$1,287,340$432,273$127,447$727,620
13$1,338,834$451,326$132,545$754,964
14$1,392,387$471,141$137,846$783,400
15$1,448,083$491,748$143,360$812,975
16$1,506,006$513,179$149,095$843,732
17$1,566,246$535,468$155,058$875,719
18$1,628,896$558,649$161,261$908,987
19$1,694,052$582,756$167,711$943,584
20$1,761,814$607,828$174,420$979,566
21$1,832,287$633,903$181,396$1,016,987
22$1,905,578$661,021$188,652$1,055,905
23$1,981,801$689,224$196,198$1,096,379
24$2,061,073$718,554$204,046$1,138,473
25$2,143,516$749,058$212,208$1,182,250
26$2,229,257$780,782$220,696$1,227,778
27$2,318,427$813,775$229,524$1,275,127
28$2,411,164$848,088$238,705$1,324,371
29$2,507,611$883,773$248,253$1,375,584
30$2,607,915$920,886$258,184$1,428,846
Total$46,900,000$16,031,715$4,643,099$26,225,184

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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.