USA Mega

Oregon Powerball Jackpot Annuity Payout Schedule for Jan 16, 2021

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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 $639,400,000 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, Jan 16, 2021
Jackpot:$639,400,000
Federal Tax:37% marginal rate
State Tax: 9.9%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$9,623,888$3,516,796$952,765$5,154,327
2$10,105,082$3,694,838$1,000,403$5,409,841
3$10,610,336$3,881,782$1,050,423$5,678,131
4$11,140,853$4,078,073$1,102,944$5,959,836
5$11,697,895$4,284,178$1,158,092$6,255,625
6$12,282,790$4,500,590$1,215,996$6,566,204
7$12,896,930$4,727,821$1,276,796$6,892,313
8$13,541,777$4,966,415$1,340,636$7,234,726
9$14,218,865$5,216,937$1,407,668$7,594,260
10$14,929,808$5,479,986$1,478,051$7,971,771
11$15,676,299$5,756,188$1,551,954$8,368,157
12$16,460,114$6,046,199$1,629,551$8,784,363
13$17,283,119$6,350,711$1,711,029$9,221,379
14$18,147,276$6,670,449$1,796,580$9,680,246
15$19,054,639$7,006,174$1,886,409$10,162,056
16$20,007,371$7,358,685$1,980,730$10,667,957
17$21,007,740$7,728,821$2,079,766$11,199,152
18$22,058,127$8,117,464$2,183,755$11,756,908
19$23,161,033$8,525,539$2,292,942$12,342,551
20$24,319,085$8,954,019$2,407,589$12,957,477
21$25,535,039$9,403,922$2,527,969$13,603,148
22$26,811,791$9,876,320$2,654,367$14,281,104
23$28,152,380$10,372,338$2,787,086$14,992,957
24$29,559,999$10,893,157$2,926,440$15,740,402
25$31,037,999$11,440,017$3,072,762$16,525,220
26$32,589,900$12,014,220$3,226,400$17,349,279
27$34,219,394$12,617,133$3,387,720$18,214,541
28$35,930,364$13,250,192$3,557,106$19,123,066
29$37,726,882$13,914,904$3,734,961$20,077,017
30$39,613,226$14,612,851$3,921,709$21,078,666
Total$639,400,001$235,256,719$63,300,599$340,842,680

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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.