Oregon Lottery

ORLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 1, 2025 is estimated to be $1.10 Billion, with a cash option of 498.4 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 Sep 1, 2025

Draw Date	Jackpot	Cash Option
Mon Sep 1, 2025	$1,100,000,000	$498,400,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$498,400,000
Federal Tax(24%)	$119,616,000
Additional Federal Tax	$64,752,330
State Tax(8%)	$39,872,000
Net Lumpsum Payment	$274,159,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$16,556,100	-$6,086,087 -$1,324,488	$9,145,525
2	$17,384,400	-$6,392,558 -$1,390,752	$9,601,090
3	$18,253,400	-$6,714,088 -$1,460,272	$10,079,040
4	$19,166,400	-$7,051,898 -$1,533,312	$10,581,190
5	$20,124,500	-$7,406,395 -$1,609,960	$11,108,145
6	$21,131,000	-$7,778,800 -$1,690,480	$11,661,720
7	$22,187,000	-$8,169,520 -$1,774,960	$12,242,520
8	$23,296,900	-$8,580,183 -$1,863,752	$12,852,965
9	$24,461,800	-$9,011,196 -$1,956,944	$13,493,660
10	$25,685,000	-$9,463,780 -$2,054,800	$14,166,420
11	$26,968,700	-$9,938,749 -$2,157,496	$14,872,455
12	$28,317,300	-$10,437,731 -$2,265,384	$15,614,185
13	$29,733,000	-$10,961,540 -$2,378,640	$16,392,820
14	$31,220,200	-$11,511,804 -$2,497,616	$17,210,780
15	$32,781,100	-$12,089,337 -$2,622,488	$18,069,275
16	$34,420,100	-$12,695,767 -$2,753,608	$18,970,725
17	$36,140,500	-$13,332,315 -$2,891,240	$19,916,945
18	$37,947,800	-$14,001,016 -$3,035,824	$20,910,960
19	$39,845,300	-$14,703,091 -$3,187,624	$21,954,585
20	$41,837,400	-$15,440,168 -$3,346,992	$23,050,240
21	$43,929,600	-$16,214,282 -$3,514,368	$24,200,950
22	$46,126,300	-$17,027,061 -$3,690,104	$25,409,135
23	$48,431,900	-$17,880,133 -$3,874,552	$26,677,215
24	$50,854,100	-$18,776,347 -$4,068,328	$28,009,425
25	$53,396,200	-$19,716,924 -$4,271,696	$29,407,580
26	$56,067,000	-$20,705,120 -$4,485,360	$30,876,520
27	$58,869,800	-$21,742,156 -$4,709,584	$32,418,060
28	$61,813,400	-$22,831,288 -$4,945,072	$34,037,040
29	$64,904,400	-$23,974,958 -$5,192,352	$35,737,090
30	$68,149,400	-$25,175,608 -$5,451,952	$37,521,840