The jackpot for the Powerball draw on Wed Oct 15, 2025, is projected to be $273 Million, with an option for a cash payout of $127.8 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 Oct 15, 2025 |
|---|
| Draw Date | Wed Oct 15, 2025 | | Projected Jackpot | $273,000,000 | | Cash Value | $127,800,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $127,800,000 | | Federal Tax(24%) | $30,672,000 | | Additional Federal Tax | $16,574,330 | | State Tax(8%) | $10,224,000 | | Net Lumpsum Payment | $70,329,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,108,923 |
$1,480,632
$328,714 |
$2,299,577 |
| 2 |
$4,314,492 |
$1,556,692
$345,159 |
$2,412,641 |
| 3 |
$4,530,162 |
$1,636,490
$362,413 |
$2,531,259 |
| 4 |
$4,756,752 |
$1,720,329
$380,540 |
$2,655,883 |
| 5 |
$4,994,535 |
$1,808,308
$399,563 |
$2,786,664 |
| 6 |
$5,244,330 |
$1,900,732
$419,546 |
$2,924,052 |
| 7 |
$5,506,410 |
$1,997,702
$440,513 |
$3,068,195 |
| 8 |
$5,781,867 |
$2,099,621
$462,549 |
$3,219,697 |
| 9 |
$6,070,974 |
$2,206,591
$485,678 |
$3,378,705 |
| 10 |
$6,374,550 |
$2,318,914
$509,964 |
$3,545,672 |
| 11 |
$6,693,141 |
$2,436,793
$535,451 |
$3,720,897 |
| 12 |
$7,027,839 |
$2,560,631
$562,227 |
$3,904,981 |
| 13 |
$7,379,190 |
$2,690,631
$590,335 |
$4,098,224 |
| 14 |
$7,748,286 |
$2,827,196
$619,863 |
$4,301,227 |
| 15 |
$8,135,673 |
$2,970,529
$650,854 |
$4,514,290 |
| 16 |
$8,542,443 |
$3,121,034
$683,395 |
$4,738,014 |
| 17 |
$8,969,415 |
$3,279,014
$717,553 |
$4,972,848 |
| 18 |
$9,417,954 |
$3,444,973
$753,436 |
$5,219,545 |
| 19 |
$9,888,879 |
$3,619,216
$791,110 |
$5,478,553 |
| 20 |
$10,383,282 |
$3,802,145
$830,663 |
$5,750,474 |
| 21 |
$10,902,528 |
$3,994,266
$872,202 |
$6,036,060 |
| 22 |
$11,447,709 |
$4,195,983
$915,817 |
$6,335,909 |
| 23 |
$12,019,917 |
$4,407,700
$961,593 |
$6,650,624 |
| 24 |
$12,621,063 |
$4,630,124
$1,009,685 |
$6,981,254 |
| 25 |
$13,251,966 |
$4,863,558
$1,060,157 |
$7,328,251 |
| 26 |
$13,914,810 |
$5,108,810
$1,113,185 |
$7,692,815 |
| 27 |
$14,610,414 |
$5,366,184
$1,168,833 |
$8,075,397 |
| 28 |
$15,340,962 |
$5,636,486
$1,227,277 |
$8,477,199 |
| 29 |
$16,108,092 |
$5,920,324
$1,288,647 |
$8,899,121 |
| 30 |
$16,913,442 |
$6,218,304
$1,353,075 |
$9,342,063 |
|
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