The jackpot for the Powerball draw on Wed Feb 25, 2026, is projected to be $218 Million, with an option for a cash payout of $101.6 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 Oklahoma residents, the state will deduct 4.75% from your lottery earnings.
| Oklahoma Powerball Jackpot/Cash Option for Wed Feb 25, 2026 |
|---|
| Draw Date | Wed Feb 25, 2026 | | Projected Jackpot | $218,000,000 | | Cash Value | $101,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $101,600,000 | | Federal Tax(24%) | $24,384,000 | | Additional Federal Tax | $13,168,330 | | State Tax(4.75%) | $4,826,000 | | Net Lumpsum Payment | $59,221,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,281,118 |
$1,174,344
$155,853 |
$1,950,921 |
| 2 |
$3,445,272 |
$1,235,081
$163,650 |
$2,046,541 |
| 3 |
$3,617,492 |
$1,298,802
$171,831 |
$2,146,859 |
| 4 |
$3,798,432 |
$1,365,750
$180,426 |
$2,252,256 |
| 5 |
$3,988,310 |
$1,436,005
$189,445 |
$2,362,860 |
| 6 |
$4,187,780 |
$1,509,809
$198,920 |
$2,479,051 |
| 7 |
$4,397,060 |
$1,587,243
$208,860 |
$2,600,957 |
| 8 |
$4,617,022 |
$1,668,629
$219,309 |
$2,729,084 |
| 9 |
$4,847,884 |
$1,754,047
$230,274 |
$2,863,563 |
| 10 |
$5,090,300 |
$1,843,741
$241,789 |
$3,004,770 |
| 11 |
$5,344,706 |
$1,937,872
$253,874 |
$3,152,960 |
| 12 |
$5,611,974 |
$2,036,761
$266,569 |
$3,308,644 |
| 13 |
$5,892,540 |
$2,140,570
$279,896 |
$3,472,074 |
| 14 |
$6,187,276 |
$2,249,623
$293,896 |
$3,643,757 |
| 15 |
$6,496,618 |
$2,364,079
$308,589 |
$3,823,950 |
| 16 |
$6,821,438 |
$2,484,262
$324,018 |
$4,013,158 |
| 17 |
$7,162,390 |
$2,610,415
$340,214 |
$4,211,761 |
| 18 |
$7,520,564 |
$2,742,939
$357,227 |
$4,420,398 |
| 19 |
$7,896,614 |
$2,882,078
$375,089 |
$4,639,447 |
| 20 |
$8,291,412 |
$3,028,153
$393,842 |
$4,869,417 |
| 21 |
$8,706,048 |
$3,181,568
$413,537 |
$5,110,943 |
| 22 |
$9,141,394 |
$3,342,646
$434,216 |
$5,364,532 |
| 23 |
$9,598,322 |
$3,511,710
$455,920 |
$5,630,692 |
| 24 |
$10,078,358 |
$3,689,323
$478,722 |
$5,910,313 |
| 25 |
$10,582,156 |
$3,875,728
$502,652 |
$6,203,776 |
| 26 |
$11,111,460 |
$4,071,571
$527,794 |
$6,512,095 |
| 27 |
$11,666,924 |
$4,277,092
$554,179 |
$6,835,653 |
| 28 |
$12,250,292 |
$4,492,938
$581,889 |
$7,175,465 |
| 29 |
$12,862,872 |
$4,719,593
$610,986 |
$7,532,293 |
| 30 |
$13,505,972 |
$4,957,540
$641,534 |
$7,906,898 |
|
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