The jackpot for the Powerball draw on Sat Sep 26, 2026, is projected to be $360 Million, with an option for a cash payout of $153.6 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Oregon residents, the state will deduct 8% from your lottery earnings.
| Oregon Powerball Jackpot/Cash Option for Sat Sep 26, 2026 |
|---|
| Draw Date | Sat Sep 26, 2026 | | Projected Jackpot | $360,000,000 | | Cash Value | $153,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $153,600,000 | | Federal Tax(24%) | $36,864,000 | | Additional Federal Tax | $19,928,330 | | State Tax(8%) | $12,288,000 | | Net Lumpsum Payment | $84,519,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,418,360 |
$1,965,124
$433,469 |
$3,019,767 |
| 2 |
$5,689,440 |
$2,065,423
$455,155 |
$3,168,862 |
| 3 |
$5,973,840 |
$2,170,651
$477,907 |
$3,325,282 |
| 4 |
$6,272,640 |
$2,281,207
$501,811 |
$3,489,622 |
| 5 |
$6,586,200 |
$2,397,224
$526,896 |
$3,662,080 |
| 6 |
$6,915,600 |
$2,519,102
$553,248 |
$3,843,250 |
| 7 |
$7,261,200 |
$2,646,974
$580,896 |
$4,033,330 |
| 8 |
$7,624,440 |
$2,781,373
$609,955 |
$4,233,112 |
| 9 |
$8,005,680 |
$2,922,432
$640,454 |
$4,442,794 |
| 10 |
$8,406,000 |
$3,070,550
$672,480 |
$4,662,970 |
| 11 |
$8,826,120 |
$3,225,995
$706,090 |
$4,894,035 |
| 12 |
$9,267,480 |
$3,389,298
$741,398 |
$5,136,784 |
| 13 |
$9,730,800 |
$3,560,726
$778,464 |
$5,391,610 |
| 14 |
$10,217,520 |
$3,740,813
$817,402 |
$5,659,305 |
| 15 |
$10,728,360 |
$3,929,824
$858,269 |
$5,940,267 |
| 16 |
$11,264,760 |
$4,128,292
$901,181 |
$6,235,287 |
| 17 |
$11,827,800 |
$4,336,616
$946,224 |
$6,544,960 |
| 18 |
$12,419,280 |
$4,555,464
$993,542 |
$6,870,274 |
| 19 |
$13,040,280 |
$4,785,234
$1,043,222 |
$7,211,824 |
| 20 |
$13,692,240 |
$5,026,459
$1,095,379 |
$7,570,402 |
| 21 |
$14,376,960 |
$5,279,806
$1,150,157 |
$7,946,997 |
| 22 |
$15,095,880 |
$5,545,806
$1,207,670 |
$8,342,404 |
| 23 |
$15,850,440 |
$5,824,993
$1,268,035 |
$8,757,412 |
| 24 |
$16,643,160 |
$6,118,300
$1,331,453 |
$9,193,407 |
| 25 |
$17,475,120 |
$6,426,125
$1,398,010 |
$9,650,985 |
| 26 |
$18,349,200 |
$6,749,534
$1,467,936 |
$10,131,730 |
| 27 |
$19,266,480 |
$7,088,928
$1,541,318 |
$10,636,234 |
| 28 |
$20,229,840 |
$7,445,371
$1,618,387 |
$11,166,082 |
| 29 |
$21,241,440 |
$7,819,663
$1,699,315 |
$11,722,462 |
| 30 |
$22,303,440 |
$8,212,603
$1,784,275 |
$12,306,562 |
|
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