Oregon Lottery Tax Calculator for Annuity Payout

Calculate your after-tax lottery winnings in Oregon with an annuity payout. Get estimated federal and state tax estimates based on your payout preference.

Last updated: July 8, 2025

Oregon Lottery Winnings Tax Calculator

Our calculator provides instant estimates of your after-tax lottery winnings in Oregon based on 2025 federal and state tax rates. Enter your details below to see how much you'll actually keep after taxes are withheld.

Oregon has a 9.90% tax rate on lottery winnings.

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Your Oregon Tax Breakdown

Enter your details to calculate your after-tax winnings

All calculations are instant and secure

oregon Lottery Tax Info

Oregon has a 9.90% state tax on lottery winnings in addition to federal taxes.

Oregon Annuity Lottery Tax Information

Use our Oregon annuity lottery tax calculator to estimate your after-tax winnings. Federal taxes apply at a 24% withholding rate only if your winnings exceed $5,000. Additionally, we calculate Oregon state taxes based on current tax rates. Get a clear estimate of your final take-home amount after deductions.

Oregon Lottery Tax Facts

  • State Tax Rate: 9.90%
  • Tax Form Required: W-2G for lottery winnings over $600, and additional state forms may be required
  • Federal Tax Rate: 24% federal withholding for winnings over $5,000
  • Payment Schedule: Annual payments over 30 years, with each payment subject to taxation in the year received

How to Calculate Taxes on Oregon Annuity Lottery Winnings

Our calculator simplifies tax estimation in three easy steps:

1Select Oregon as Your State

Choose Oregon to calculate applicable federal and Oregon state taxes.

2Choose Annuity Payout

Select annuity to see how your winnings are taxed over time.

3Enter Your Winnings Amount

Input your total winnings and click 'Calculate After-Tax Winnings'to see your estimated after-tax payout.

Why Use Our Oregon Annuity Lottery Tax Calculator?

  • State-Specific Tax Estimates: Includes Oregon state taxes alongside federal withholding.
  • Instant Net Winnings Calculation: Get a quick estimate of your after-tax take-home amount.
  • Compare Annuity Payouts: See how tax treatment differs between payment options.
  • Updated for 2025 Tax Rates: Our calculator reflects the latest federal and Oregon state tax rates.
  • Completely Free & Easy to Use: No sign-up required—just enter your winnings and get instant results.

Oregon Lottery Tax FAQs

Does the calculator include local taxes for annuity payments in Oregon?

The calculator includes federal and Oregon state tax rates but does not account for local taxes, which may vary.

How accurate is the calculator for annuity payments in Oregon?

This calculator estimates annuity payouts based on federal and Oregon tax rates, but actual taxes may vary depending on your income bracket each year.

What happens if I receive annuity payments from Oregon but live elsewhere?

Some states tax annuity payments where they are earned, while others tax them in the state of residence. Consult a tax professional to understand your obligations.

How do annuity payments affect my tax bracket in Oregon?

Annuity payments are taxed as ordinary income each year, which may impact your federal and Oregon state tax brackets differently over time.

Are annuity lottery payments in Oregon considered earned income?

No, annuity payments are classified as taxable income but not earned income.

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Disclaimer

The content provided by Lottery Valley is for informational purposes only and is not intended to serve as tax, legal, or accounting advice. We recommend consulting a qualified tax professional, attorney, or accountant for personalized guidance regarding your federal and state tax obligations. If you come across any inaccuracies or have corrections to share, please contact us at hello@lotteryvalley.com