The jackpot for the Powerball draw on Mon Jun 30, 2025, is projected to be $162 Million, with an option for a cash payout of $74.2 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 Jun 30, 2025 |
|---|
| Draw Date | Mon Jun 30, 2025 | | Projected Jackpot | $162,000,000 | | Cash Value | $74,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $74,200,000 | | Federal Tax(24%) | $17,808,000 | | Additional Federal Tax | $9,606,330 | | State Tax(8%) | $5,936,000 | | Net Lumpsum Payment | $40,849,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,438,262 |
$862,487
$195,061 |
$1,380,714 |
| 2 |
$2,560,248 |
$907,622
$204,820 |
$1,447,806 |
| 3 |
$2,688,228 |
$954,975
$215,058 |
$1,518,195 |
| 4 |
$2,822,688 |
$1,004,725
$225,815 |
$1,592,148 |
| 5 |
$2,963,790 |
$1,056,933
$237,103 |
$1,669,754 |
| 6 |
$3,112,020 |
$1,111,778
$248,962 |
$1,751,280 |
| 7 |
$3,267,540 |
$1,169,320
$261,403 |
$1,836,817 |
| 8 |
$3,430,998 |
$1,229,800
$274,480 |
$1,926,718 |
| 9 |
$3,602,556 |
$1,293,276
$288,204 |
$2,021,076 |
| 10 |
$3,782,700 |
$1,359,929
$302,616 |
$2,120,155 |
| 11 |
$3,971,754 |
$1,429,879
$317,740 |
$2,224,135 |
| 12 |
$4,170,366 |
$1,503,366
$333,629 |
$2,333,371 |
| 13 |
$4,378,860 |
$1,580,509
$350,309 |
$2,448,042 |
| 14 |
$4,597,884 |
$1,661,547
$367,831 |
$2,568,506 |
| 15 |
$4,827,762 |
$1,746,602
$386,221 |
$2,694,939 |
| 16 |
$5,069,142 |
$1,835,913
$405,531 |
$2,827,698 |
| 17 |
$5,322,510 |
$1,929,659
$425,801 |
$2,967,050 |
| 18 |
$5,588,676 |
$2,028,141
$447,094 |
$3,113,441 |
| 19 |
$5,868,126 |
$2,131,537
$469,450 |
$3,267,139 |
| 20 |
$6,161,508 |
$2,240,088
$492,921 |
$3,428,499 |
| 21 |
$6,469,632 |
$2,354,094
$517,571 |
$3,597,967 |
| 22 |
$6,793,146 |
$2,473,794
$543,452 |
$3,775,900 |
| 23 |
$7,132,698 |
$2,599,429
$570,616 |
$3,962,653 |
| 24 |
$7,489,422 |
$2,731,417
$599,154 |
$4,158,851 |
| 25 |
$7,863,804 |
$2,869,938
$629,104 |
$4,364,762 |
| 26 |
$8,257,140 |
$3,015,472
$660,571 |
$4,581,097 |
| 27 |
$8,669,916 |
$3,168,199
$693,593 |
$4,808,124 |
| 28 |
$9,103,428 |
$3,328,599
$728,274 |
$5,046,555 |
| 29 |
$9,558,648 |
$3,497,030
$764,692 |
$5,296,926 |
| 30 |
$10,036,548 |
$3,673,853
$802,924 |
$5,559,771 |
|
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