The jackpot for the Powerball draw on Mon Apr 6, 2026, is projected to be $231 Million, with an option for a cash payout of $105 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 Apr 6, 2026 |
|---|
| Draw Date | Mon Apr 6, 2026 | | Projected Jackpot | $231,000,000 | | Cash Value | $105,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $105,000,000 | | Federal Tax(24%) | $25,200,000 | | Additional Federal Tax | $13,610,330 | | State Tax(8%) | $8,400,000 | | Net Lumpsum Payment | $57,789,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,476,781 |
$1,246,739
$278,142 |
$1,951,900 |
| 2 |
$3,650,724 |
$1,311,098
$292,058 |
$2,047,568 |
| 3 |
$3,833,214 |
$1,378,620
$306,657 |
$2,147,937 |
| 4 |
$4,024,944 |
$1,449,560
$321,996 |
$2,253,388 |
| 5 |
$4,226,145 |
$1,524,004
$338,092 |
$2,364,049 |
| 6 |
$4,437,510 |
$1,602,209
$355,001 |
$2,480,300 |
| 7 |
$4,659,270 |
$1,684,260
$372,742 |
$2,602,268 |
| 8 |
$4,892,349 |
$1,770,500
$391,388 |
$2,730,461 |
| 9 |
$5,136,978 |
$1,861,012
$410,958 |
$2,865,008 |
| 10 |
$5,393,850 |
$1,956,055
$431,508 |
$3,006,287 |
| 11 |
$5,663,427 |
$2,055,798
$453,074 |
$3,154,555 |
| 12 |
$5,946,633 |
$2,160,585
$475,731 |
$3,310,317 |
| 13 |
$6,243,930 |
$2,270,584
$499,514 |
$3,473,832 |
| 14 |
$6,556,242 |
$2,386,140
$524,499 |
$3,645,603 |
| 15 |
$6,884,031 |
$2,507,422
$550,722 |
$3,825,887 |
| 16 |
$7,228,221 |
$2,634,772
$578,258 |
$4,015,191 |
| 17 |
$7,589,505 |
$2,768,447
$607,160 |
$4,213,898 |
| 18 |
$7,969,038 |
$2,908,874
$637,523 |
$4,422,641 |
| 19 |
$8,367,513 |
$3,056,310
$669,401 |
$4,641,802 |
| 20 |
$8,785,854 |
$3,211,096
$702,868 |
$4,871,890 |
| 21 |
$9,225,216 |
$3,373,660
$738,017 |
$5,113,539 |
| 22 |
$9,686,523 |
$3,544,344
$774,922 |
$5,367,257 |
| 23 |
$10,170,699 |
$3,723,489
$813,656 |
$5,633,554 |
| 24 |
$10,679,361 |
$3,911,694
$854,349 |
$5,913,318 |
| 25 |
$11,213,202 |
$4,109,215
$897,056 |
$6,206,931 |
| 26 |
$11,774,070 |
$4,316,736
$941,926 |
$6,515,408 |
| 27 |
$12,362,658 |
$4,534,514
$989,013 |
$6,839,131 |
| 28 |
$12,980,814 |
$4,763,232
$1,038,465 |
$7,179,117 |
| 29 |
$13,629,924 |
$5,003,402
$1,090,394 |
$7,536,128 |
| 30 |
$14,311,374 |
$5,255,539
$1,144,910 |
$7,910,925 |
|
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