Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Apr 11, 2026 is estimated to be $35 Million, with a cash option of 15.9 Million. If you win the Powerball jackpot, the IRS will withhold 24% of your prize money upfront, and you may owe up to an additional 13% in federal taxes when the tax is due. Additionally, if you are a resident of Vermont, your state will take 6% of your lottery winnings.

Please note that the calculation of the Powerball jackpot prizes and taxes below is based on FEDERAL INCOME TAX BRACKETS FOR 2023.

Vermont Powerball Jackpot/Cash Option for Sat Apr 11, 2026

Draw Date	Jackpot	Cash Option
Sat Apr 11, 2026	$35,000,000	$15,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$15,900,000
Federal Tax(24%)	$3,816,000
Additional Federal Tax	$2,027,330
State Tax(6%)	$954,000
Net Lumpsum Payment	$9,102,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$526,785	-$155,241 -$31,607	$339,937
2	$553,140	-$164,992 -$33,188	$354,960
3	$580,790	-$175,223 -$34,847	$370,720
4	$609,840	-$185,971 -$36,590	$387,279
5	$640,325	-$197,251 -$38,420	$404,654
6	$672,350	-$209,100 -$40,341	$422,909
7	$705,950	-$221,532 -$42,357	$442,061
8	$741,265	-$234,598 -$44,476	$462,191
9	$778,330	-$248,312 -$46,700	$483,318
10	$817,250	-$262,713 -$49,035	$505,502
11	$858,095	-$277,826 -$51,486	$528,783
12	$901,005	-$293,702 -$54,060	$553,243
13	$946,050	-$310,369 -$56,763	$578,918
14	$993,370	-$327,877 -$59,602	$605,891
15	$1,043,035	-$346,253 -$62,582	$634,200
16	$1,095,185	-$365,549 -$65,711	$663,925
17	$1,149,925	-$385,803 -$68,996	$695,126
18	$1,207,430	-$407,079 -$72,446	$727,905
19	$1,267,805	-$429,418 -$76,068	$762,319
20	$1,331,190	-$452,871 -$79,871	$798,448
21	$1,397,760	-$477,502 -$83,866	$836,392
22	$1,467,655	-$503,363 -$88,059	$876,233
23	$1,541,015	-$530,506 -$92,461	$918,048
24	$1,618,085	-$559,022 -$97,085	$961,978
25	$1,698,970	-$588,949 -$101,938	$1,008,083
26	$1,783,950	-$620,392 -$107,037	$1,056,521
27	$1,873,130	-$653,388 -$112,388	$1,107,354
28	$1,966,790	-$688,043 -$118,007	$1,160,740
29	$2,065,140	-$724,432 -$123,908	$1,216,800
30	$2,168,390	-$762,635 -$130,103	$1,275,652