The jackpot for the Powerball draw on Sat Mar 22, 2025, is projected to be $444 Million, with an option for a cash payout of $207.2 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 Sat Mar 22, 2025 |
|---|
| Draw Date | Sat Mar 22, 2025 | | Projected Jackpot | $444,000,000 | | Cash Value | $207,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $207,200,000 | | Federal Tax(24%) | $49,728,000 | | Additional Federal Tax | $26,896,330 | | State Tax(8%) | $16,576,000 | | Net Lumpsum Payment | $113,999,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$6,682,644 |
$2,432,909
$534,612 |
$3,715,123 |
| 2 |
$7,016,976 |
$2,556,612
$561,358 |
$3,899,006 |
| 3 |
$7,367,736 |
$2,686,393
$589,419 |
$4,091,924 |
| 4 |
$7,736,256 |
$2,822,745
$618,900 |
$4,294,611 |
| 5 |
$8,122,980 |
$2,965,833
$649,838 |
$4,507,309 |
| 6 |
$8,529,240 |
$3,116,149
$682,339 |
$4,730,752 |
| 7 |
$8,955,480 |
$3,273,858
$716,438 |
$4,965,184 |
| 8 |
$9,403,476 |
$3,439,617
$752,278 |
$5,211,581 |
| 9 |
$9,873,672 |
$3,613,589
$789,894 |
$5,470,189 |
| 10 |
$10,367,400 |
$3,796,268
$829,392 |
$5,741,740 |
| 11 |
$10,885,548 |
$3,987,983
$870,844 |
$6,026,721 |
| 12 |
$11,429,892 |
$4,189,390
$914,391 |
$6,326,111 |
| 13 |
$12,001,320 |
$4,400,819
$960,106 |
$6,640,395 |
| 14 |
$12,601,608 |
$4,622,925
$1,008,129 |
$6,970,554 |
| 15 |
$13,231,644 |
$4,856,039
$1,058,532 |
$7,317,073 |
| 16 |
$13,893,204 |
$5,100,816
$1,111,456 |
$7,680,932 |
| 17 |
$14,587,620 |
$5,357,750
$1,167,010 |
$8,062,860 |
| 18 |
$15,317,112 |
$5,627,662
$1,225,369 |
$8,464,081 |
| 19 |
$16,083,012 |
$5,911,045
$1,286,641 |
$8,885,326 |
| 20 |
$16,887,096 |
$6,208,556
$1,350,968 |
$9,327,572 |
| 21 |
$17,731,584 |
$6,521,016
$1,418,527 |
$9,792,041 |
| 22 |
$18,618,252 |
$6,849,084
$1,489,460 |
$10,279,708 |
| 23 |
$19,548,876 |
$7,193,415
$1,563,910 |
$10,791,551 |
| 24 |
$20,526,564 |
$7,555,159
$1,642,125 |
$11,329,280 |
| 25 |
$21,552,648 |
$7,934,810
$1,724,212 |
$11,893,626 |
| 26 |
$22,630,680 |
$8,333,682
$1,810,454 |
$12,486,544 |
| 27 |
$23,761,992 |
$8,752,267
$1,900,959 |
$13,108,766 |
| 28 |
$24,950,136 |
$9,191,881
$1,996,011 |
$13,762,244 |
| 29 |
$26,197,776 |
$9,653,508
$2,095,822 |
$14,448,446 |
| 30 |
$27,507,576 |
$10,138,134
$2,200,606 |
$15,168,836 |
|
|
