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 Oregon residents, the state will deduct 8% from your lottery earnings.
| Oregon Powerball Jackpot/Cash Option for Sat Oct 11, 2025 |
|---|
| Draw Date | Sat Oct 11, 2025 | | Projected Jackpot | $244,000,000 | | Cash Value | $114,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $114,200,000 | | Federal Tax(24%) | $27,408,000 | | Additional Federal Tax | $14,806,330 | | State Tax(8%) | $9,136,000 | | Net Lumpsum Payment | $62,849,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,672,444 |
$1,319,135
$293,796 |
$2,059,513 |
| 2 |
$3,856,176 |
$1,387,116
$308,494 |
$2,160,566 |
| 3 |
$4,048,936 |
$1,458,437
$323,915 |
$2,266,584 |
| 4 |
$4,251,456 |
$1,533,369
$340,116 |
$2,377,971 |
| 5 |
$4,463,980 |
$1,612,003
$357,118 |
$2,494,859 |
| 6 |
$4,687,240 |
$1,694,609
$374,979 |
$2,617,652 |
| 7 |
$4,921,480 |
$1,781,278
$393,718 |
$2,746,484 |
| 8 |
$5,167,676 |
$1,872,371
$413,414 |
$2,881,891 |
| 9 |
$5,426,072 |
$1,967,977
$434,086 |
$3,024,009 |
| 10 |
$5,697,400 |
$2,068,368
$455,792 |
$3,173,240 |
| 11 |
$5,982,148 |
$2,173,725
$478,572 |
$3,329,851 |
| 12 |
$6,281,292 |
$2,284,408
$502,503 |
$3,494,381 |
| 13 |
$6,595,320 |
$2,400,599
$527,626 |
$3,667,095 |
| 14 |
$6,925,208 |
$2,522,657
$554,017 |
$3,848,534 |
| 15 |
$7,271,444 |
$2,650,765
$581,716 |
$4,038,963 |
| 16 |
$7,635,004 |
$2,785,282
$610,800 |
$4,238,922 |
| 17 |
$8,016,620 |
$2,926,480
$641,330 |
$4,448,810 |
| 18 |
$8,417,512 |
$3,074,810
$673,401 |
$4,669,301 |
| 19 |
$8,838,412 |
$3,230,543
$707,073 |
$4,900,796 |
| 20 |
$9,280,296 |
$3,394,040
$742,424 |
$5,143,832 |
| 21 |
$9,744,384 |
$3,565,752
$779,551 |
$5,399,081 |
| 22 |
$10,231,652 |
$3,746,042
$818,532 |
$5,667,078 |
| 23 |
$10,743,076 |
$3,935,269
$859,446 |
$5,948,361 |
| 24 |
$11,280,364 |
$4,134,065
$902,429 |
$6,243,870 |
| 25 |
$11,844,248 |
$4,342,702
$947,540 |
$6,554,006 |
| 26 |
$12,436,680 |
$4,561,902
$994,934 |
$6,879,844 |
| 27 |
$13,058,392 |
$4,791,935
$1,044,671 |
$7,221,786 |
| 28 |
$13,711,336 |
$5,033,525
$1,096,907 |
$7,580,904 |
| 29 |
$14,396,976 |
$5,287,212
$1,151,758 |
$7,958,006 |
| 30 |
$15,116,776 |
$5,553,538
$1,209,342 |
$8,353,896 |
|
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