Oklahoma Lottery

OKLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 24, 2025 is estimated to be $654 Million, with a cash option of 303.2 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Oklahoma, your state will take 4.75% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Oklahoma Powerball Jackpot/Cash Option for Mon Nov 24, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 24, 2025	$654,000,000	$303,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$303,200,000
Federal Tax(24%)	$72,768,000
Additional Federal Tax	$39,376,330
State Tax(4.75%)	$14,402,000
Net Lumpsum Payment	$176,653,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,843,354	-$3,602,371 -$467,559	$5,773,424
2	$10,335,816	-$3,784,582 -$490,951	$6,060,283
3	$10,852,476	-$3,975,747 -$515,493	$6,361,236
4	$11,395,296	-$4,176,590 -$541,277	$6,677,429
5	$11,964,930	-$4,387,354 -$568,334	$7,009,242
6	$12,563,340	-$4,608,766 -$596,759	$7,357,815
7	$13,191,180	-$4,841,067 -$626,581	$7,723,532
8	$13,851,066	-$5,085,225 -$657,926	$8,107,915
9	$14,543,652	-$5,341,482 -$690,823	$8,511,347
10	$15,270,900	-$5,610,563 -$725,368	$8,934,969
11	$16,034,118	-$5,892,954 -$761,621	$9,379,543
12	$16,835,922	-$6,189,622 -$799,706	$9,846,594
13	$17,677,620	-$6,501,050 -$839,687	$10,336,883
14	$18,561,828	-$6,828,207 -$881,687	$10,851,934
15	$19,489,854	-$7,171,576 -$925,768	$11,392,510
16	$20,464,314	-$7,532,127 -$972,055	$11,960,132
17	$21,487,170	-$7,910,583 -$1,020,641	$12,555,946
18	$22,561,692	-$8,308,156 -$1,071,680	$13,181,856
19	$23,689,842	-$8,725,572 -$1,125,267	$13,839,003
20	$24,874,236	-$9,163,798 -$1,181,526	$14,528,912
21	$26,118,144	-$9,624,044 -$1,240,612	$15,253,488
22	$27,424,182	-$10,107,278 -$1,302,649	$16,014,255
23	$28,794,966	-$10,614,468 -$1,367,761	$16,812,737
24	$30,235,074	-$11,147,308 -$1,436,166	$17,651,600
25	$31,746,468	-$11,706,524 -$1,507,957	$18,531,987
26	$33,334,380	-$12,294,051 -$1,583,383	$19,456,946
27	$35,000,772	-$12,910,616 -$1,662,537	$20,427,619
28	$36,750,876	-$13,558,155 -$1,745,667	$21,447,054
29	$38,588,616	-$14,238,118 -$1,832,959	$22,517,539
30	$40,517,916	-$14,951,959 -$1,924,601	$23,641,356