Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 7, 2026 is estimated to be $190 Million, with a cash option of 81.9 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 Mon Sep 7, 2026

Draw Date	Jackpot	Cash Option
Mon Sep 7, 2026	$190,000,000	$81,900,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$81,900,000
Federal Tax(24%)	$19,656,000
Additional Federal Tax	$10,607,330
State Tax(6%)	$4,914,000
Net Lumpsum Payment	$46,722,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,859,690	-$1,018,416 -$171,581	$1,669,693
2	$3,002,760	-$1,071,352 -$180,166	$1,751,242
3	$3,152,860	-$1,126,889 -$189,172	$1,836,799
4	$3,310,560	-$1,185,238 -$198,634	$1,926,688
5	$3,476,050	-$1,246,469 -$208,563	$2,021,018
6	$3,649,900	-$1,310,793 -$218,994	$2,120,113
7	$3,832,300	-$1,378,281 -$229,938	$2,224,081
8	$4,024,010	-$1,449,214 -$241,441	$2,333,355
9	$4,225,220	-$1,523,662 -$253,513	$2,448,045
10	$4,436,500	-$1,601,835 -$266,190	$2,568,475
11	$4,658,230	-$1,683,875 -$279,494	$2,694,861
12	$4,891,170	-$1,770,063 -$293,470	$2,827,637
13	$5,135,700	-$1,860,539 -$308,142	$2,967,019
14	$5,392,580	-$1,955,585 -$323,555	$3,113,440
15	$5,662,190	-$2,055,341 -$339,731	$3,267,118
16	$5,945,290	-$2,160,088 -$356,717	$3,428,485
17	$6,242,450	-$2,270,037 -$374,547	$3,597,866
18	$6,554,620	-$2,385,540 -$393,277	$3,775,803
19	$6,882,370	-$2,506,807 -$412,942	$3,962,621
20	$7,226,460	-$2,634,121 -$433,588	$4,158,751
21	$7,587,840	-$2,767,831 -$455,270	$4,364,739
22	$7,967,270	-$2,908,220 -$478,036	$4,581,014
23	$8,365,510	-$3,055,569 -$501,931	$4,808,010
24	$8,783,890	-$3,210,370 -$527,033	$5,046,487
25	$9,222,980	-$3,372,833 -$553,379	$5,296,768
26	$9,684,300	-$3,543,521 -$581,058	$5,559,721
27	$10,168,420	-$3,722,646 -$610,105	$5,835,669
28	$10,676,860	-$3,910,769 -$640,612	$6,125,479
29	$11,210,760	-$4,108,312 -$672,646	$6,429,802
30	$11,771,260	-$4,315,697 -$706,276	$6,749,287