Oregon Lottery

ORLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat May 31, 2025 is estimated to be $207 Million, with a cash option of 91 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 May 31, 2025

Draw Date	Jackpot	Cash Option
Sat May 31, 2025	$207,000,000	$91,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$91,000,000
Federal Tax(24%)	$21,840,000
Additional Federal Tax	$11,790,330
State Tax(8%)	$7,280,000
Net Lumpsum Payment	$50,089,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,115,557	-$1,113,086 -$249,245	$1,753,226
2	$3,271,428	-$1,170,759 -$261,714	$1,838,955
3	$3,434,958	-$1,231,265 -$274,797	$1,928,896
4	$3,606,768	-$1,294,835 -$288,541	$2,023,392
5	$3,787,065	-$1,361,544 -$302,965	$2,122,556
6	$3,976,470	-$1,431,624 -$318,118	$2,226,728
7	$4,175,190	-$1,505,151 -$334,015	$2,336,024
8	$4,384,053	-$1,582,430 -$350,724	$2,450,899
9	$4,603,266	-$1,663,539 -$368,261	$2,571,466
10	$4,833,450	-$1,748,707 -$386,676	$2,698,067
11	$5,075,019	-$1,838,087 -$406,002	$2,830,930
12	$5,328,801	-$1,931,987 -$426,304	$2,970,510
13	$5,595,210	-$2,030,558 -$447,617	$3,117,035
14	$5,875,074	-$2,134,108 -$470,006	$3,270,960
15	$6,168,807	-$2,242,789 -$493,505	$3,432,513
16	$6,477,237	-$2,356,908 -$518,179	$3,602,150
17	$6,800,985	-$2,476,695 -$544,079	$3,780,211
18	$7,141,086	-$2,602,532 -$571,287	$3,967,267
19	$7,498,161	-$2,734,650 -$599,853	$4,163,658
20	$7,873,038	-$2,873,354 -$629,843	$4,369,841
21	$8,266,752	-$3,019,029 -$661,340	$4,586,383
22	$8,680,131	-$3,171,979 -$694,410	$4,813,742
23	$9,114,003	-$3,332,511 -$729,120	$5,052,372
24	$9,569,817	-$3,501,163 -$765,585	$5,303,069
25	$10,048,194	-$3,678,162 -$803,856	$5,566,176
26	$10,550,790	-$3,864,123 -$844,063	$5,842,604
27	$11,078,226	-$4,059,274 -$886,258	$6,132,694
28	$11,632,158	-$4,264,229 -$930,573	$6,437,356
29	$12,213,828	-$4,479,447 -$977,106	$6,757,275
30	$12,824,478	-$4,705,387 -$1,025,958	$7,093,133