The jackpot for the Powerball draw on Sat Oct 11, 2025, is projected to be $244 Million, with an option for a cash payout of $114.2 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 Oklahoma residents, the state will deduct 4.75% from your lottery earnings.
Oklahoma Powerball Jackpot/Cash Option for Sat Oct 11, 2025 |
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Draw Date | Sat Oct 11, 2025 | Projected Jackpot | $244,000,000 | Cash Value | $114,200,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $114,200,000 | Federal Tax(24%) | $27,408,000 | Additional Federal Tax | $14,806,330 | State Tax(4.75%) | $5,424,500 | Net Lumpsum Payment | $66,561,170 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,672,444 |
$1,319,135 $174,441 |
$2,178,868 |
2 |
$3,856,176 |
$1,387,116 $183,168 |
$2,285,892 |
3 |
$4,048,936 |
$1,458,437 $192,324 |
$2,398,175 |
4 |
$4,251,456 |
$1,533,369 $201,944 |
$2,516,143 |
5 |
$4,463,980 |
$1,612,003 $212,039 |
$2,639,938 |
6 |
$4,687,240 |
$1,694,609 $222,644 |
$2,769,987 |
7 |
$4,921,480 |
$1,781,278 $233,770 |
$2,906,432 |
8 |
$5,167,676 |
$1,872,371 $245,465 |
$3,049,840 |
9 |
$5,426,072 |
$1,967,977 $257,738 |
$3,200,357 |
10 |
$5,697,400 |
$2,068,368 $270,627 |
$3,358,405 |
11 |
$5,982,148 |
$2,173,725 $284,152 |
$3,524,271 |
12 |
$6,281,292 |
$2,284,408 $298,361 |
$3,698,523 |
13 |
$6,595,320 |
$2,400,599 $313,278 |
$3,881,443 |
14 |
$6,925,208 |
$2,522,657 $328,947 |
$4,073,604 |
15 |
$7,271,444 |
$2,650,765 $345,394 |
$4,275,285 |
16 |
$7,635,004 |
$2,785,282 $362,663 |
$4,487,059 |
17 |
$8,016,620 |
$2,926,480 $380,789 |
$4,709,351 |
18 |
$8,417,512 |
$3,074,810 $399,832 |
$4,942,870 |
19 |
$8,838,412 |
$3,230,543 $419,825 |
$5,188,044 |
20 |
$9,280,296 |
$3,394,040 $440,814 |
$5,445,442 |
21 |
$9,744,384 |
$3,565,752 $462,858 |
$5,715,774 |
22 |
$10,231,652 |
$3,746,042 $486,003 |
$5,999,607 |
23 |
$10,743,076 |
$3,935,269 $510,296 |
$6,297,511 |
24 |
$11,280,364 |
$4,134,065 $535,817 |
$6,610,482 |
25 |
$11,844,248 |
$4,342,702 $562,602 |
$6,938,944 |
26 |
$12,436,680 |
$4,561,902 $590,742 |
$7,284,036 |
27 |
$13,058,392 |
$4,791,935 $620,274 |
$7,646,183 |
28 |
$13,711,336 |
$5,033,525 $651,288 |
$8,026,523 |
29 |
$14,396,976 |
$5,287,212 $683,856 |
$8,425,908 |
30 |
$15,116,776 |
$5,553,538 $718,047 |
$8,845,191 |
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