Oregon Lottery

ORLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Sep 5, 2026 is estimated to be $173 Million, with a cash option of 75 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 Sep 5, 2026

Draw Date	Jackpot	Cash Option
Sat Sep 5, 2026	$173,000,000	$75,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$75,000,000
Federal Tax(24%)	$18,000,000
Additional Federal Tax	$9,710,330
State Tax(8%)	$6,000,000
Net Lumpsum Payment	$41,289,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,603,823	-$923,745 -$208,306	$1,471,772
2	$2,734,092	-$971,944 -$218,727	$1,543,421
3	$2,870,762	-$1,022,512 -$229,661	$1,618,589
4	$3,014,352	-$1,075,641 -$241,148	$1,697,563
5	$3,165,035	-$1,131,393 -$253,203	$1,780,439
6	$3,323,330	-$1,189,962 -$265,866	$1,867,502
7	$3,489,410	-$1,251,412 -$279,153	$1,958,845
8	$3,663,967	-$1,315,998 -$293,117	$2,054,852
9	$3,847,174	-$1,383,785 -$307,774	$2,155,615
10	$4,039,550	-$1,454,964 -$323,164	$2,261,422
11	$4,241,441	-$1,529,664 -$339,315	$2,372,462
12	$4,453,539	-$1,608,140 -$356,283	$2,489,116
13	$4,676,190	-$1,690,521 -$374,095	$2,611,574
14	$4,910,086	-$1,777,062 -$392,807	$2,740,217
15	$5,155,573	-$1,867,892 -$412,446	$2,875,235
16	$5,413,343	-$1,963,267 -$433,067	$3,017,009
17	$5,683,915	-$2,063,379 -$454,713	$3,165,823
18	$5,968,154	-$2,168,547 -$477,452	$3,322,155
19	$6,266,579	-$2,278,965 -$501,326	$3,486,288
20	$6,579,882	-$2,394,887 -$526,391	$3,658,604
21	$6,908,928	-$2,516,634 -$552,714	$3,839,580
22	$7,254,409	-$2,644,462 -$580,353	$4,029,594
23	$7,617,017	-$2,778,627 -$609,361	$4,229,029
24	$7,997,963	-$2,919,577 -$639,837	$4,438,549
25	$8,397,766	-$3,067,504 -$671,821	$4,658,441
26	$8,817,810	-$3,222,920 -$705,425	$4,889,465
27	$9,258,614	-$3,386,018 -$740,689	$5,131,907
28	$9,721,562	-$3,557,308 -$777,725	$5,386,529
29	$10,207,692	-$3,737,176 -$816,615	$5,653,901
30	$10,718,042	-$3,926,006 -$857,443	$5,934,593