The jackpot for the Powerball draw on Sat Apr 26, 2025, is projected to be $168 Million, with an option for a cash payout of $77.1 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 Sat Apr 26, 2025 |
|---|
| Draw Date | Sat Apr 26, 2025 | | Projected Jackpot | $168,000,000 | | Cash Value | $77,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $77,100,000 | | Federal Tax(24%) | $18,504,000 | | Additional Federal Tax | $9,983,330 | | State Tax(4.75%) | $3,662,250 | | Net Lumpsum Payment | $44,950,420 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,528,568 |
$895,901
$120,107 |
$1,512,560 |
| 2 |
$2,655,072 |
$942,707
$126,116 |
$1,586,249 |
| 3 |
$2,787,792 |
$991,813
$132,420 |
$1,663,559 |
| 4 |
$2,927,232 |
$1,043,406
$139,044 |
$1,744,782 |
| 5 |
$3,073,560 |
$1,097,548
$145,994 |
$1,830,018 |
| 6 |
$3,227,280 |
$1,154,424
$153,296 |
$1,919,560 |
| 7 |
$3,388,560 |
$1,214,098
$160,957 |
$2,013,505 |
| 8 |
$3,558,072 |
$1,276,817
$169,008 |
$2,112,247 |
| 9 |
$3,735,984 |
$1,342,644
$177,459 |
$2,215,881 |
| 10 |
$3,922,800 |
$1,411,766
$186,333 |
$2,324,701 |
| 11 |
$4,118,856 |
$1,484,307
$195,646 |
$2,438,903 |
| 12 |
$4,324,824 |
$1,560,515
$205,429 |
$2,558,880 |
| 13 |
$4,541,040 |
$1,640,515
$215,699 |
$2,684,826 |
| 14 |
$4,768,176 |
$1,724,556
$226,488 |
$2,817,132 |
| 15 |
$5,006,568 |
$1,812,761
$237,812 |
$2,955,995 |
| 16 |
$5,256,888 |
$1,905,379
$249,702 |
$3,101,807 |
| 17 |
$5,519,640 |
$2,002,597
$262,183 |
$3,254,860 |
| 18 |
$5,795,664 |
$2,104,726
$275,294 |
$3,415,644 |
| 19 |
$6,085,464 |
$2,211,952
$289,060 |
$3,584,452 |
| 20 |
$6,389,712 |
$2,324,524
$303,511 |
$3,761,677 |
| 21 |
$6,709,248 |
$2,442,752
$318,689 |
$3,947,807 |
| 22 |
$7,044,744 |
$2,566,886
$334,625 |
$4,143,233 |
| 23 |
$7,396,872 |
$2,697,173
$351,351 |
$4,348,348 |
| 24 |
$7,766,808 |
$2,834,049
$368,923 |
$4,563,836 |
| 25 |
$8,155,056 |
$2,977,701
$387,365 |
$4,789,990 |
| 26 |
$8,562,960 |
$3,128,626
$406,741 |
$5,027,593 |
| 27 |
$8,991,024 |
$3,287,009
$427,074 |
$5,276,941 |
| 28 |
$9,440,592 |
$3,453,349
$448,428 |
$5,538,815 |
| 29 |
$9,912,672 |
$3,628,019
$470,852 |
$5,813,801 |
| 30 |
$10,408,272 |
$3,811,391
$494,393 |
$6,102,488 |
|
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