The jackpot for the Powerball draw on Mon Dec 1, 2025, is projected to be $740 Million, with an option for a cash payout of $346.1 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 Mon Dec 1, 2025 |
|---|
| Draw Date | Mon Dec 1, 2025 | | Projected Jackpot | $740,000,000 | | Cash Value | $346,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $346,100,000 | | Federal Tax(24%) | $83,064,000 | | Additional Federal Tax | $44,953,330 | | State Tax(8%) | $27,688,000 | | Net Lumpsum Payment | $190,394,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$11,137,740 |
$4,081,294
$891,019 |
$6,165,427 |
| 2 |
$11,694,960 |
$4,287,466
$935,597 |
$6,471,897 |
| 3 |
$12,279,560 |
$4,503,768
$982,365 |
$6,793,427 |
| 4 |
$12,893,760 |
$4,731,022
$1,031,501 |
$7,131,237 |
| 5 |
$13,538,300 |
$4,969,501
$1,083,064 |
$7,485,735 |
| 6 |
$14,215,400 |
$5,220,028
$1,137,232 |
$7,858,140 |
| 7 |
$14,925,800 |
$5,482,876
$1,194,064 |
$8,248,860 |
| 8 |
$15,672,460 |
$5,759,141
$1,253,797 |
$8,659,522 |
| 9 |
$16,456,120 |
$6,049,095
$1,316,490 |
$9,090,535 |
| 10 |
$17,279,000 |
$6,353,560
$1,382,320 |
$9,543,120 |
| 11 |
$18,142,580 |
$6,673,085
$1,451,406 |
$10,018,089 |
| 12 |
$19,049,820 |
$7,008,764
$1,523,986 |
$10,517,070 |
| 13 |
$20,002,200 |
$7,361,144
$1,600,176 |
$11,040,880 |
| 14 |
$21,002,680 |
$7,731,322
$1,680,214 |
$11,591,144 |
| 15 |
$22,052,740 |
$8,119,844
$1,764,219 |
$12,168,677 |
| 16 |
$23,155,340 |
$8,527,806
$1,852,427 |
$12,775,107 |
| 17 |
$24,312,700 |
$8,956,029
$1,945,016 |
$13,411,655 |
| 18 |
$25,528,520 |
$9,405,883
$2,042,282 |
$14,080,355 |
| 19 |
$26,805,020 |
$9,878,188
$2,144,402 |
$14,782,430 |
| 20 |
$28,145,160 |
$10,374,040
$2,251,613 |
$15,519,507 |
| 21 |
$29,552,640 |
$10,894,807
$2,364,211 |
$16,293,622 |
| 22 |
$31,030,420 |
$11,441,586
$2,482,434 |
$17,106,400 |
| 23 |
$32,581,460 |
$12,015,471
$2,606,517 |
$17,959,472 |
| 24 |
$34,210,940 |
$12,618,378
$2,736,875 |
$18,855,687 |
| 25 |
$35,921,080 |
$13,251,130
$2,873,686 |
$19,796,264 |
| 26 |
$37,717,800 |
$13,915,916
$3,017,424 |
$20,784,460 |
| 27 |
$39,603,320 |
$14,613,559
$3,168,266 |
$21,821,495 |
| 28 |
$41,583,560 |
$15,346,248
$3,326,685 |
$22,910,627 |
| 29 |
$43,662,960 |
$16,115,626
$3,493,037 |
$24,054,297 |
| 30 |
$45,845,960 |
$16,923,336
$3,667,677 |
$25,254,947 |
|
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