Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 3, 2025 is estimated to be $419 Million, with a cash option of 198 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 Mon Nov 3, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 3, 2025	$419,000,000	$198,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$198,000,000
Federal Tax(24%)	$47,520,000
Additional Federal Tax	$25,700,330
State Tax(6%)	$11,880,000
Net Lumpsum Payment	$112,899,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,306,369	-$2,293,687 -$378,382	$3,634,300
2	$6,621,876	-$2,410,425 -$397,313	$3,814,138
3	$6,952,886	-$2,532,898 -$417,173	$4,002,815
4	$7,300,656	-$2,661,573 -$438,039	$4,201,044
5	$7,665,605	-$2,796,604 -$459,936	$4,409,065
6	$8,048,990	-$2,938,457 -$482,939	$4,627,594
7	$8,451,230	-$3,087,285 -$507,074	$4,856,871
8	$8,874,001	-$3,243,711 -$532,440	$5,097,850
9	$9,317,722	-$3,407,888 -$559,063	$5,350,771
10	$9,783,650	-$3,580,281 -$587,019	$5,616,350
11	$10,272,623	-$3,761,201 -$616,357	$5,895,065
12	$10,786,317	-$3,951,268 -$647,179	$6,187,870
13	$11,325,570	-$4,150,791 -$679,534	$6,495,245
14	$11,892,058	-$4,360,392 -$713,523	$6,818,143
15	$12,486,619	-$4,580,379 -$749,197	$7,157,043
16	$13,110,929	-$4,811,374 -$786,656	$7,512,899
17	$13,766,245	-$5,053,841 -$825,975	$7,886,429
18	$14,454,662	-$5,308,555 -$867,280	$8,278,827
19	$15,177,437	-$5,575,982 -$910,646	$8,690,809
20	$15,936,246	-$5,856,741 -$956,175	$9,123,330
21	$16,733,184	-$6,151,608 -$1,003,991	$9,577,585
22	$17,569,927	-$6,461,203 -$1,054,196	$10,054,528
23	$18,448,151	-$6,786,146 -$1,106,889	$10,555,116
24	$19,370,789	-$7,127,522 -$1,162,247	$11,081,020
25	$20,339,098	-$7,485,797 -$1,220,346	$11,632,955
26	$21,356,430	-$7,862,209 -$1,281,386	$12,212,835
27	$22,424,042	-$8,257,226 -$1,345,443	$12,821,373
28	$23,545,286	-$8,672,086 -$1,412,717	$13,460,483
29	$24,722,676	-$9,107,721 -$1,483,361	$14,131,594
30	$25,958,726	-$9,565,059 -$1,557,524	$14,836,143