Jackpot Analysis Oklahoma Powerball

Jackpot Analysis for Oklahoma Powerball
The jackpot for the Powerball draw on Wed Jun 11, 2025, is projected to be $65 Million, with an option for a cash payout of $29.2 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 Wed Jun 11, 2025
Draw DateWed Jun 11, 2025
Projected Jackpot$65,000,000
Cash Value$29,200,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$29,200,000
Federal Tax(24%)$7,008,000
Additional Federal Tax$3,756,330
State Tax(4.75%)$1,387,000
Net Lumpsum Payment$17,048,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $978,315 $322,307
$46,470
$609,538
2 $1,027,260 $340,417
$48,795
$638,048
3 $1,078,610 $359,416
$51,234
$667,960
4 $1,132,560 $379,378
$53,797
$699,385
5 $1,189,175 $400,325
$56,486
$732,364
6 $1,248,650 $422,331
$59,311
$767,008
7 $1,311,050 $445,419
$62,275
$803,356
8 $1,376,635 $469,685
$65,390
$841,560
9 $1,445,470 $495,154
$68,660
$881,656
10 $1,517,750 $521,898
$72,093
$923,759
11 $1,593,605 $549,964
$75,696
$967,945
12 $1,673,295 $579,450
$79,482
$1,014,363
13 $1,756,950 $610,402
$83,455
$1,063,093
14 $1,844,830 $642,917
$87,629
$1,114,284
15 $1,937,065 $677,044
$92,011
$1,168,010
16 $2,033,915 $712,879
$96,611
$1,224,425
17 $2,135,575 $750,493
$101,440
$1,283,642
18 $2,242,370 $790,007
$106,513
$1,345,850
19 $2,354,495 $831,494
$111,839
$1,411,162
20 $2,472,210 $875,048
$117,430
$1,479,732
21 $2,595,840 $920,791
$123,302
$1,551,747
22 $2,725,645 $968,819
$129,468
$1,627,358
23 $2,861,885 $1,019,228
$135,940
$1,706,717
24 $3,005,015 $1,072,186
$142,738
$1,790,091
25 $3,155,230 $1,127,765
$149,873
$1,877,592
26 $3,313,050 $1,186,159
$157,370
$1,969,521
27 $3,478,670 $1,247,438
$165,237
$2,065,995
28 $3,652,610 $1,311,796
$173,499
$2,167,315
29 $3,835,260 $1,379,377
$182,175
$2,273,708
30 $4,027,010 $1,450,324
$191,283
$2,385,403