Oregon Lottery

ORLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Feb 7, 2026 is estimated to be $102 Million, with a cash option of 46.1 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 Oregon, your state will take 8% 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.

Oregon Powerball Jackpot/Cash Option for Sat Feb 7, 2026

Draw Date	Jackpot	Cash Option
Sat Feb 7, 2026	$102,000,000	$46,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$46,100,000
Federal Tax(24%)	$11,064,000
Additional Federal Tax	$5,953,330
State Tax(8%)	$3,688,000
Net Lumpsum Payment	$25,394,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,535,202	-$528,355 -$122,816	$884,031
2	$1,612,008	-$556,773 -$128,961	$926,274
3	$1,692,588	-$586,588 -$135,407	$970,593
4	$1,777,248	-$617,912 -$142,180	$1,017,156
5	$1,866,090	-$650,784 -$149,287	$1,066,019
6	$1,959,420	-$685,316 -$156,754	$1,117,350
7	$2,057,340	-$721,546 -$164,587	$1,171,207
8	$2,160,258	-$759,626 -$172,821	$1,227,811
9	$2,268,276	-$799,593 -$181,462	$1,287,221
10	$2,381,700	-$841,559 -$190,536	$1,349,605
11	$2,500,734	-$885,602 -$200,059	$1,415,073
12	$2,625,786	-$931,871 -$210,063	$1,483,852
13	$2,757,060	-$980,443 -$220,565	$1,556,052
14	$2,894,964	-$1,031,467 -$231,597	$1,631,900
15	$3,039,702	-$1,085,020 -$243,176	$1,711,506
16	$3,191,682	-$1,141,253 -$255,335	$1,795,094
17	$3,351,210	-$1,200,278 -$268,097	$1,882,835
18	$3,518,796	-$1,262,285 -$281,504	$1,975,007
19	$3,694,746	-$1,327,386 -$295,580	$2,071,780
20	$3,879,468	-$1,395,734 -$310,357	$2,173,377
21	$4,073,472	-$1,467,515 -$325,878	$2,280,079
22	$4,277,166	-$1,542,882 -$342,173	$2,392,111
23	$4,490,958	-$1,621,985 -$359,277	$2,509,696
24	$4,715,562	-$1,705,088 -$377,245	$2,633,229
25	$4,951,284	-$1,792,305 -$396,103	$2,762,876
26	$5,198,940	-$1,883,938 -$415,915	$2,899,087
27	$5,458,836	-$1,980,100 -$436,707	$3,042,029
28	$5,731,788	-$2,081,092 -$458,543	$3,192,153
29	$6,018,408	-$2,187,141 -$481,473	$3,349,794
30	$6,319,308	-$2,298,474 -$505,545	$3,515,289