The jackpot for the Powerball draw on Sat Nov 14, 2026, is projected to be $63 Million, with an option for a cash payout of $27.1 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 Nov 14, 2026 |
|---|
| Draw Date | Sat Nov 14, 2026 | | Projected Jackpot | $63,000,000 | | Cash Value | $27,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $27,100,000 | | Federal Tax(24%) | $6,504,000 | | Additional Federal Tax | $3,483,330 | | State Tax(8%) | $2,168,000 | | Net Lumpsum Payment | $14,944,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$948,213 |
$311,169
$75,857 |
$561,187 |
| 2 |
$995,652 |
$328,722
$79,652 |
$587,278 |
| 3 |
$1,045,422 |
$347,137
$83,634 |
$614,651 |
| 4 |
$1,097,712 |
$366,484
$87,817 |
$643,411 |
| 5 |
$1,152,585 |
$386,787
$92,207 |
$673,591 |
| 6 |
$1,210,230 |
$408,115
$96,818 |
$705,297 |
| 7 |
$1,270,710 |
$430,493
$101,657 |
$738,560 |
| 8 |
$1,334,277 |
$454,013
$106,742 |
$773,522 |
| 9 |
$1,400,994 |
$478,698
$112,080 |
$810,216 |
| 10 |
$1,471,050 |
$504,619
$117,684 |
$848,747 |
| 11 |
$1,544,571 |
$531,822
$123,566 |
$889,183 |
| 12 |
$1,621,809 |
$560,400
$129,745 |
$931,664 |
| 13 |
$1,702,890 |
$590,400
$136,231 |
$976,259 |
| 14 |
$1,788,066 |
$621,915
$143,045 |
$1,023,106 |
| 15 |
$1,877,463 |
$654,992
$150,197 |
$1,072,274 |
| 16 |
$1,971,333 |
$689,724
$157,707 |
$1,123,902 |
| 17 |
$2,069,865 |
$726,180
$165,589 |
$1,178,096 |
| 18 |
$2,173,374 |
$764,479
$173,870 |
$1,235,025 |
| 19 |
$2,282,049 |
$804,689
$182,564 |
$1,294,796 |
| 20 |
$2,396,142 |
$846,903
$191,691 |
$1,357,548 |
| 21 |
$2,515,968 |
$891,239
$201,277 |
$1,423,452 |
| 22 |
$2,641,779 |
$937,789
$211,342 |
$1,492,648 |
| 23 |
$2,773,827 |
$986,646
$221,906 |
$1,565,275 |
| 24 |
$2,912,553 |
$1,037,975
$233,004 |
$1,641,574 |
| 25 |
$3,058,146 |
$1,091,844
$244,652 |
$1,721,650 |
| 26 |
$3,211,110 |
$1,148,441
$256,889 |
$1,805,780 |
| 27 |
$3,371,634 |
$1,207,835
$269,731 |
$1,894,068 |
| 28 |
$3,540,222 |
$1,270,213
$283,218 |
$1,986,791 |
| 29 |
$3,717,252 |
$1,335,714
$297,380 |
$2,084,158 |
| 30 |
$3,903,102 |
$1,404,478
$312,248 |
$2,186,376 |
|
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