Oregon Lottery

ORLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Aug 4, 2025 is estimated to be $426 Million, with a cash option of 193.5 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 Mon Aug 4, 2025

Draw Date	Jackpot	Cash Option
Mon Aug 4, 2025	$426,000,000	$193,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$193,500,000
Federal Tax(24%)	$46,440,000
Additional Federal Tax	$25,115,330
State Tax(8%)	$15,480,000
Net Lumpsum Payment	$106,464,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,411,726	-$2,332,669 -$512,938	$3,566,119
2	$6,732,504	-$2,451,357 -$538,600	$3,742,547
3	$7,069,044	-$2,575,877 -$565,524	$3,927,643
4	$7,422,624	-$2,706,701 -$593,810	$4,122,113
5	$7,793,670	-$2,843,988 -$623,494	$4,326,188
6	$8,183,460	-$2,988,211 -$654,677	$4,540,572
7	$8,592,420	-$3,139,526 -$687,394	$4,765,500
8	$9,022,254	-$3,298,564 -$721,780	$5,001,910
9	$9,473,388	-$3,465,484 -$757,871	$5,250,033
10	$9,947,100	-$3,640,757 -$795,768	$5,510,575
11	$10,444,242	-$3,824,700 -$835,539	$5,784,003
12	$10,966,518	-$4,017,942 -$877,321	$6,071,255
13	$11,514,780	-$4,220,799 -$921,182	$6,372,799
14	$12,090,732	-$4,433,901 -$967,259	$6,689,572
15	$12,695,226	-$4,657,564 -$1,015,618	$7,022,044
16	$13,329,966	-$4,892,418 -$1,066,397	$7,371,151
17	$13,996,230	-$5,138,935 -$1,119,698	$7,737,597
18	$14,696,148	-$5,397,905 -$1,175,692	$8,122,551
19	$15,430,998	-$5,669,800 -$1,234,480	$8,526,718
20	$16,202,484	-$5,955,249 -$1,296,199	$8,951,036
21	$17,012,736	-$6,255,043 -$1,361,019	$9,396,674
22	$17,863,458	-$6,569,810 -$1,429,077	$9,864,571
23	$18,756,354	-$6,900,181 -$1,500,508	$10,355,665
24	$19,694,406	-$7,247,261 -$1,575,552	$10,871,593
25	$20,678,892	-$7,611,520 -$1,654,311	$11,413,061
26	$21,713,220	-$7,994,222 -$1,737,058	$11,981,940
27	$22,798,668	-$8,395,838 -$1,823,893	$12,578,937
28	$23,938,644	-$8,817,629 -$1,915,092	$13,205,923
29	$25,135,704	-$9,260,541 -$2,010,856	$13,864,307
30	$26,392,404	-$9,725,520 -$2,111,392	$14,555,492