The jackpot for the Powerball draw on Wed Jun 25, 2025, is projected to be $140 Million, with an option for a cash payout of $63 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 Wed Jun 25, 2025 |
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Draw Date | Wed Jun 25, 2025 | Projected Jackpot | $140,000,000 | Cash Value | $63,000,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $63,000,000 | Federal Tax(24%) | $15,120,000 | Additional Federal Tax | $8,150,330 | State Tax(8%) | $5,040,000 | Net Lumpsum Payment | $34,689,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$2,107,140 |
$739,972 $168,571 |
$1,198,597 |
2 |
$2,212,560 |
$778,978 $177,005 |
$1,256,577 |
3 |
$2,323,160 |
$819,900 $185,853 |
$1,317,407 |
4 |
$2,439,360 |
$862,894 $195,149 |
$1,381,317 |
5 |
$2,561,300 |
$908,011 $204,904 |
$1,448,385 |
6 |
$2,689,400 |
$955,408 $215,152 |
$1,518,840 |
7 |
$2,823,800 |
$1,005,136 $225,904 |
$1,592,760 |
8 |
$2,965,060 |
$1,057,403 $237,205 |
$1,670,452 |
9 |
$3,113,320 |
$1,112,259 $249,066 |
$1,751,995 |
10 |
$3,269,000 |
$1,169,860 $261,520 |
$1,837,620 |
11 |
$3,432,380 |
$1,230,311 $274,590 |
$1,927,479 |
12 |
$3,604,020 |
$1,293,818 $288,322 |
$2,021,880 |
13 |
$3,784,200 |
$1,360,484 $302,736 |
$2,120,980 |
14 |
$3,973,480 |
$1,430,518 $317,878 |
$2,225,084 |
15 |
$4,172,140 |
$1,504,022 $333,771 |
$2,334,347 |
16 |
$4,380,740 |
$1,581,204 $350,459 |
$2,449,077 |
17 |
$4,599,700 |
$1,662,219 $367,976 |
$2,569,505 |
18 |
$4,829,720 |
$1,747,327 $386,378 |
$2,696,015 |
19 |
$5,071,220 |
$1,836,682 $405,698 |
$2,828,840 |
20 |
$5,324,760 |
$1,930,492 $425,981 |
$2,968,287 |
21 |
$5,591,040 |
$2,029,015 $447,283 |
$3,114,742 |
22 |
$5,870,620 |
$2,132,460 $469,650 |
$3,268,510 |
23 |
$6,164,060 |
$2,241,033 $493,125 |
$3,429,902 |
24 |
$6,472,340 |
$2,355,096 $517,787 |
$3,599,457 |
25 |
$6,795,880 |
$2,474,806 $543,670 |
$3,777,404 |
26 |
$7,135,800 |
$2,600,576 $570,864 |
$3,964,360 |
27 |
$7,492,520 |
$2,732,563 $599,402 |
$4,160,555 |
28 |
$7,867,160 |
$2,871,180 $629,373 |
$4,366,607 |
29 |
$8,260,560 |
$3,016,738 $660,845 |
$4,582,977 |
30 |
$8,673,560 |
$3,169,548 $693,885 |
$4,810,127 |
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