The jackpot for the Powerball draw on Mon Dec 15, 2025, is projected to be $1.10 Billion, with an option for a cash payout of $503.4 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 Mon Dec 15, 2025 |
|---|
| Draw Date | Mon Dec 15, 2025 | | Projected Jackpot | $1,100,000,000 | | Cash Value | $503,400,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $503,400,000 | | Federal Tax(24%) | $120,816,000 | | Additional Federal Tax | $65,402,330 | | State Tax(8%) | $40,272,000 | | Net Lumpsum Payment | $276,909,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$16,556,100 |
$6,086,087
$1,324,488 |
$9,145,525 |
| 2 |
$17,384,400 |
$6,392,558
$1,390,752 |
$9,601,090 |
| 3 |
$18,253,400 |
$6,714,088
$1,460,272 |
$10,079,040 |
| 4 |
$19,166,400 |
$7,051,898
$1,533,312 |
$10,581,190 |
| 5 |
$20,124,500 |
$7,406,395
$1,609,960 |
$11,108,145 |
| 6 |
$21,131,000 |
$7,778,800
$1,690,480 |
$11,661,720 |
| 7 |
$22,187,000 |
$8,169,520
$1,774,960 |
$12,242,520 |
| 8 |
$23,296,900 |
$8,580,183
$1,863,752 |
$12,852,965 |
| 9 |
$24,461,800 |
$9,011,196
$1,956,944 |
$13,493,660 |
| 10 |
$25,685,000 |
$9,463,780
$2,054,800 |
$14,166,420 |
| 11 |
$26,968,700 |
$9,938,749
$2,157,496 |
$14,872,455 |
| 12 |
$28,317,300 |
$10,437,731
$2,265,384 |
$15,614,185 |
| 13 |
$29,733,000 |
$10,961,540
$2,378,640 |
$16,392,820 |
| 14 |
$31,220,200 |
$11,511,804
$2,497,616 |
$17,210,780 |
| 15 |
$32,781,100 |
$12,089,337
$2,622,488 |
$18,069,275 |
| 16 |
$34,420,100 |
$12,695,767
$2,753,608 |
$18,970,725 |
| 17 |
$36,140,500 |
$13,332,315
$2,891,240 |
$19,916,945 |
| 18 |
$37,947,800 |
$14,001,016
$3,035,824 |
$20,910,960 |
| 19 |
$39,845,300 |
$14,703,091
$3,187,624 |
$21,954,585 |
| 20 |
$41,837,400 |
$15,440,168
$3,346,992 |
$23,050,240 |
| 21 |
$43,929,600 |
$16,214,282
$3,514,368 |
$24,200,950 |
| 22 |
$46,126,300 |
$17,027,061
$3,690,104 |
$25,409,135 |
| 23 |
$48,431,900 |
$17,880,133
$3,874,552 |
$26,677,215 |
| 24 |
$50,854,100 |
$18,776,347
$4,068,328 |
$28,009,425 |
| 25 |
$53,396,200 |
$19,716,924
$4,271,696 |
$29,407,580 |
| 26 |
$56,067,000 |
$20,705,120
$4,485,360 |
$30,876,520 |
| 27 |
$58,869,800 |
$21,742,156
$4,709,584 |
$32,418,060 |
| 28 |
$61,813,400 |
$22,831,288
$4,945,072 |
$34,037,040 |
| 29 |
$64,904,400 |
$23,974,958
$5,192,352 |
$35,737,090 |
| 30 |
$68,149,400 |
$25,175,608
$5,451,952 |
$37,521,840 |
|
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