Oregon Lottery

ORLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Jan 5, 2026 is estimated to be $86 Million, with a cash option of 38.8 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 Jan 5, 2026

Draw Date	Jackpot	Cash Option
Mon Jan 5, 2026	$86,000,000	$38,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$38,800,000
Federal Tax(24%)	$9,312,000
Additional Federal Tax	$5,004,330
State Tax(8%)	$3,104,000
Net Lumpsum Payment	$21,379,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$1,294,386	-$439,253 -$103,551	$751,582
2	$1,359,144	-$463,214 -$108,732	$787,198
3	$1,427,084	-$488,351 -$114,167	$824,566
4	$1,498,464	-$514,762 -$119,877	$863,825
5	$1,573,370	-$542,477 -$125,870	$905,023
6	$1,652,060	-$571,593 -$132,165	$948,302
7	$1,734,620	-$602,140 -$138,770	$993,710
8	$1,821,394	-$634,246 -$145,712	$1,041,436
9	$1,912,468	-$667,944 -$152,997	$1,091,527
10	$2,008,100	-$703,327 -$160,648	$1,144,125
11	$2,108,462	-$740,461 -$168,677	$1,199,324
12	$2,213,898	-$779,473 -$177,112	$1,257,313
13	$2,324,580	-$820,425 -$185,966	$1,318,189
14	$2,440,852	-$863,446 -$195,268	$1,382,138
15	$2,562,886	-$908,598 -$205,031	$1,449,257
16	$2,691,026	-$956,010 -$215,282	$1,519,734
17	$2,825,530	-$1,005,776 -$226,042	$1,593,712
18	$2,966,828	-$1,058,057 -$237,346	$1,671,425
19	$3,115,178	-$1,112,946 -$249,214	$1,753,018
20	$3,270,924	-$1,170,572 -$261,674	$1,838,678
21	$3,434,496	-$1,231,094 -$274,760	$1,928,642
22	$3,606,238	-$1,294,638 -$288,499	$2,023,101
23	$3,786,494	-$1,361,333 -$302,920	$2,122,241
24	$3,975,866	-$1,431,401 -$318,069	$2,226,396
25	$4,174,612	-$1,504,937 -$333,969	$2,335,706
26	$4,383,420	-$1,582,196 -$350,674	$2,450,550
27	$4,602,548	-$1,663,273 -$368,204	$2,571,071
28	$4,832,684	-$1,748,423 -$386,615	$2,697,646
29	$5,074,344	-$1,837,838 -$405,948	$2,830,558
30	$5,328,044	-$1,931,707 -$426,244	$2,970,093