Oregon Lottery

ORLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Jul 4, 2026 is estimated to be $396 Million, with a cash option of 180.2 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 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 Jul 4, 2026

Draw Date	Jackpot	Cash Option
Sat Jul 4, 2026	$396,000,000	$180,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$180,200,000
Federal Tax(24%)	$43,248,000
Additional Federal Tax	$23,386,330
State Tax(8%)	$14,416,000
Net Lumpsum Payment	$99,149,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,960,196	-$2,165,603 -$476,816	$3,317,777
2	$6,258,384	-$2,275,932 -$500,671	$3,481,781
3	$6,571,224	-$2,391,683 -$525,698	$3,653,843
4	$6,899,904	-$2,513,295 -$551,992	$3,834,617
5	$7,244,820	-$2,640,914 -$579,586	$4,024,320
6	$7,607,160	-$2,774,980 -$608,573	$4,223,607
7	$7,987,320	-$2,915,639 -$638,986	$4,432,695
8	$8,386,884	-$3,063,477 -$670,951	$4,652,456
9	$8,806,248	-$3,218,642 -$704,500	$4,883,106
10	$9,246,600	-$3,381,572 -$739,728	$5,125,300
11	$9,708,732	-$3,552,561 -$776,699	$5,379,472
12	$10,194,228	-$3,732,195 -$815,538	$5,646,495
13	$10,703,880	-$3,920,766 -$856,310	$5,926,804
14	$11,239,272	-$4,118,861 -$899,142	$6,221,269
15	$11,801,196	-$4,326,773 -$944,096	$6,530,327
16	$12,391,236	-$4,545,088 -$991,299	$6,854,849
17	$13,010,580	-$4,774,245 -$1,040,846	$7,195,489
18	$13,661,208	-$5,014,977 -$1,092,897	$7,553,334
19	$14,344,308	-$5,267,724 -$1,147,545	$7,929,039
20	$15,061,464	-$5,533,072 -$1,204,917	$8,323,475
21	$15,814,656	-$5,811,753 -$1,265,172	$8,737,731
22	$16,605,468	-$6,104,354 -$1,328,437	$9,172,677
23	$17,435,484	-$6,411,459 -$1,394,839	$9,629,186
24	$18,307,476	-$6,734,097 -$1,464,598	$10,108,781
25	$19,222,632	-$7,072,704 -$1,537,811	$10,612,117
26	$20,184,120	-$7,428,455 -$1,614,730	$11,140,935
27	$21,193,128	-$7,801,788 -$1,695,450	$11,695,890
28	$22,252,824	-$8,193,875 -$1,780,226	$12,278,723
29	$23,365,584	-$8,605,596 -$1,869,247	$12,890,741
30	$24,533,784	-$9,037,830 -$1,962,703	$13,533,251