Oregon Lottery

ORLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Mar 10, 2025 is estimated to be $335 Million, with a cash option of 157.3 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 Mar 10, 2025

Draw Date	Jackpot	Cash Option
Mon Mar 10, 2025	$335,000,000	$157,300,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$157,300,000
Federal Tax(24%)	$37,752,000
Additional Federal Tax	$20,409,330
State Tax(8%)	$12,584,000
Net Lumpsum Payment	$86,554,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$5,042,085	-$1,825,902 -$403,367	$2,812,816
2	$5,294,340	-$1,919,236 -$423,547	$2,951,557
3	$5,558,990	-$2,017,157 -$444,719	$3,097,114
4	$5,837,040	-$2,120,035 -$466,963	$3,250,042
5	$6,128,825	-$2,227,996 -$490,306	$3,410,523
6	$6,435,350	-$2,341,410 -$514,828	$3,579,112
7	$6,756,950	-$2,460,402 -$540,556	$3,755,992
8	$7,094,965	-$2,585,467 -$567,597	$3,941,901
9	$7,449,730	-$2,716,730 -$595,978	$4,137,022
10	$7,822,250	-$2,854,563 -$625,780	$4,341,907
11	$8,213,195	-$2,999,213 -$657,056	$4,556,926
12	$8,623,905	-$3,151,175 -$689,912	$4,782,818
13	$9,055,050	-$3,310,699 -$724,404	$5,019,947
14	$9,507,970	-$3,478,279 -$760,638	$5,269,053
15	$9,983,335	-$3,654,164 -$798,667	$5,530,504
16	$10,482,485	-$3,838,850 -$838,599	$5,805,036
17	$11,006,425	-$4,032,708 -$880,514	$6,093,203
18	$11,556,830	-$4,236,357 -$924,546	$6,395,927
19	$12,134,705	-$4,450,171 -$970,776	$6,713,758
20	$12,741,390	-$4,674,645 -$1,019,311	$7,047,434
21	$13,378,560	-$4,910,398 -$1,070,285	$7,397,877
22	$14,047,555	-$5,157,926 -$1,123,804	$7,765,825
23	$14,749,715	-$5,417,725 -$1,179,977	$8,152,013
24	$15,487,385	-$5,690,663 -$1,238,991	$8,557,731
25	$16,261,570	-$5,977,111 -$1,300,926	$8,983,533
26	$17,074,950	-$6,278,062 -$1,365,996	$9,430,892
27	$17,928,530	-$6,593,886 -$1,434,282	$9,900,362
28	$18,824,990	-$6,925,577 -$1,505,999	$10,393,414
29	$19,766,340	-$7,273,876 -$1,581,307	$10,911,157
30	$20,754,590	-$7,639,529 -$1,660,367	$11,454,694