Oregon Lottery

ORLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Apr 20, 2026 is estimated to be $87 Million, with a cash option of 39.7 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 Mon Apr 20, 2026

Draw Date	Jackpot	Cash Option
Mon Apr 20, 2026	$87,000,000	$39,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$39,700,000
Federal Tax(24%)	$9,528,000
Additional Federal Tax	$5,121,330
State Tax(8%)	$3,176,000
Net Lumpsum Payment	$21,874,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,309,437	-$444,822 -$104,755	$759,860
2	$1,374,948	-$469,061 -$109,996	$795,891
3	$1,443,678	-$494,491 -$115,494	$833,693
4	$1,515,888	-$521,209 -$121,271	$873,408
5	$1,591,665	-$549,246 -$127,333	$915,086
6	$1,671,270	-$578,700 -$133,702	$958,868
7	$1,754,790	-$609,603 -$140,383	$1,004,804
8	$1,842,573	-$642,082 -$147,406	$1,053,085
9	$1,934,706	-$676,172 -$154,776	$1,103,758
10	$2,031,450	-$711,967 -$162,516	$1,156,967
11	$2,132,979	-$749,533 -$170,638	$1,212,808
12	$2,239,641	-$788,998 -$179,171	$1,271,472
13	$2,351,610	-$830,426 -$188,129	$1,333,055
14	$2,469,234	-$873,947 -$197,539	$1,397,748
15	$2,592,687	-$919,625 -$207,415	$1,465,647
16	$2,722,317	-$967,588 -$217,785	$1,536,944
17	$2,858,385	-$1,017,933 -$228,671	$1,611,781
18	$3,001,326	-$1,070,821 -$240,106	$1,690,399
19	$3,151,401	-$1,126,349 -$252,112	$1,772,940
20	$3,308,958	-$1,184,645 -$264,717	$1,859,596
21	$3,474,432	-$1,245,870 -$277,955	$1,950,607
22	$3,648,171	-$1,310,154 -$291,854	$2,046,163
23	$3,830,523	-$1,377,624 -$306,442	$2,146,457
24	$4,022,097	-$1,448,506 -$321,768	$2,251,823
25	$4,223,154	-$1,522,897 -$337,852	$2,362,405
26	$4,434,390	-$1,601,055 -$354,751	$2,478,584
27	$4,656,066	-$1,683,075 -$372,485	$2,600,506
28	$4,888,878	-$1,769,215 -$391,110	$2,728,553
29	$5,133,348	-$1,859,669 -$410,668	$2,863,011
30	$5,389,998	-$1,954,630 -$431,200	$3,004,168