We have proposed a 3 phase, 100 MVA, 154 kV class HTS transformer substituting for a 60 MVA conventional transformer. The power transformer of 154 kV class has a tertiary winding besides primary and secondary windings. So the HTS transformer should have the 3rd superconducting winding. In this paper, we designed conceptually the structure of the superconducting windings of a single phase 33 MVA transformer. The electrical characteristics of the HTS transformer such as % impedance and AC loss vary with the arrangement of the windings and gaps between windings. We analyzed the effects of the winding parameters, evaluated the cost of each design, and proposed a suitable HTS transformer model for future power distribution system.