Oregon Lottery

ORLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Jul 26, 2025 is estimated to be $350 Million, with a cash option of 156.5 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 26, 2025

Draw Date	Jackpot	Cash Option
Sat Jul 26, 2025	$350,000,000	$156,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$156,500,000
Federal Tax(24%)	$37,560,000
Additional Federal Tax	$20,305,330
State Tax(8%)	$12,520,000
Net Lumpsum Payment	$86,114,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,267,850	-$1,909,435 -$421,428	$2,936,987
2	$5,531,400	-$2,006,948 -$442,512	$3,081,940
3	$5,807,900	-$2,109,253 -$464,632	$3,234,015
4	$6,098,400	-$2,216,738 -$487,872	$3,393,790
5	$6,403,250	-$2,329,533 -$512,260	$3,561,457
6	$6,723,500	-$2,448,025 -$537,880	$3,737,595
7	$7,059,500	-$2,572,345 -$564,760	$3,922,395
8	$7,412,650	-$2,703,011 -$593,012	$4,116,627
9	$7,783,300	-$2,840,151 -$622,664	$4,320,485
10	$8,172,500	-$2,984,155 -$653,800	$4,534,545
11	$8,580,950	-$3,135,282 -$686,476	$4,759,192
12	$9,010,050	-$3,294,049 -$720,804	$4,995,197
13	$9,460,500	-$3,460,715 -$756,840	$5,242,945
14	$9,933,700	-$3,635,799 -$794,696	$5,503,205
15	$10,430,350	-$3,819,560 -$834,428	$5,776,362
16	$10,951,850	-$4,012,515 -$876,148	$6,063,187
17	$11,499,250	-$4,215,053 -$919,940	$6,364,257
18	$12,074,300	-$4,427,821 -$965,944	$6,680,535
19	$12,678,050	-$4,651,209 -$1,014,244	$7,012,597
20	$13,311,900	-$4,885,733 -$1,064,952	$7,361,215
21	$13,977,600	-$5,132,042 -$1,118,208	$7,727,350
22	$14,676,550	-$5,390,654 -$1,174,124	$8,111,772
23	$15,410,150	-$5,662,086 -$1,232,812	$8,515,252
24	$16,180,850	-$5,947,245 -$1,294,468	$8,939,137
25	$16,989,700	-$6,246,519 -$1,359,176	$9,384,005
26	$17,839,500	-$6,560,945 -$1,427,160	$9,851,395
27	$18,731,300	-$6,890,911 -$1,498,504	$10,341,885
28	$19,667,900	-$7,237,453 -$1,573,432	$10,857,015
29	$20,651,400	-$7,601,348 -$1,652,112	$11,397,940
30	$21,683,900	-$7,983,373 -$1,734,712	$11,965,815