The jackpot for the Powerball draw on Mon Oct 13, 2025, is projected to be $258 Million, with an option for a cash payout of $120.8 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 Mon Oct 13, 2025 |
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Draw Date | Mon Oct 13, 2025 | Projected Jackpot | $258,000,000 | Cash Value | $120,800,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $120,800,000 | Federal Tax(24%) | $28,992,000 | Additional Federal Tax | $15,664,330 | State Tax(8%) | $9,664,000 | Net Lumpsum Payment | $66,479,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,883,158 |
$1,397,099 $310,653 |
$2,175,406 |
2 |
$4,077,432 |
$1,468,980 $326,195 |
$2,282,257 |
3 |
$4,281,252 |
$1,544,394 $342,500 |
$2,394,358 |
4 |
$4,495,392 |
$1,623,625 $359,631 |
$2,512,136 |
5 |
$4,720,110 |
$1,706,771 $377,609 |
$2,635,730 |
6 |
$4,956,180 |
$1,794,117 $396,494 |
$2,765,569 |
7 |
$5,203,860 |
$1,885,759 $416,309 |
$2,901,792 |
8 |
$5,464,182 |
$1,982,078 $437,135 |
$3,044,969 |
9 |
$5,737,404 |
$2,083,170 $458,992 |
$3,195,242 |
10 |
$6,024,300 |
$2,189,321 $481,944 |
$3,353,035 |
11 |
$6,325,386 |
$2,300,723 $506,031 |
$3,518,632 |
12 |
$6,641,694 |
$2,417,757 $531,336 |
$3,692,601 |
13 |
$6,973,740 |
$2,540,614 $557,899 |
$3,875,227 |
14 |
$7,322,556 |
$2,669,676 $585,804 |
$4,067,076 |
15 |
$7,688,658 |
$2,805,134 $615,093 |
$4,268,431 |
16 |
$8,073,078 |
$2,947,369 $645,846 |
$4,479,863 |
17 |
$8,476,590 |
$3,096,669 $678,127 |
$4,701,794 |
18 |
$8,900,484 |
$3,253,509 $712,039 |
$4,934,936 |
19 |
$9,345,534 |
$3,418,178 $747,643 |
$5,179,713 |
20 |
$9,812,772 |
$3,591,056 $785,022 |
$5,436,694 |
21 |
$10,303,488 |
$3,772,621 $824,279 |
$5,706,588 |
22 |
$10,818,714 |
$3,963,255 $865,497 |
$5,989,962 |
23 |
$11,359,482 |
$4,163,339 $908,759 |
$6,287,384 |
24 |
$11,927,598 |
$4,373,542 $954,208 |
$6,599,848 |
25 |
$12,523,836 |
$4,594,150 $1,001,907 |
$6,927,779 |
26 |
$13,150,260 |
$4,825,927 $1,052,021 |
$7,272,312 |
27 |
$13,807,644 |
$5,069,159 $1,104,612 |
$7,633,873 |
28 |
$14,498,052 |
$5,324,610 $1,159,844 |
$8,013,598 |
29 |
$15,223,032 |
$5,592,852 $1,217,843 |
$8,412,337 |
30 |
$15,984,132 |
$5,874,459 $1,278,731 |
$8,830,942 |
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