Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Sep 13, 2025 is estimated to be $50 Million, with a cash option of 23 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 Sep 13, 2025

Draw Date	Jackpot	Cash Option
Sat Sep 13, 2025	$50,000,000	$23,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$23,000,000
Federal Tax(24%)	$5,520,000
Additional Federal Tax	$2,950,330
State Tax(6%)	$1,380,000
Net Lumpsum Payment	$13,149,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$752,550	-$238,774 -$45,153	$468,623
2	$790,200	-$252,704 -$47,412	$490,084
3	$829,700	-$267,319 -$49,782	$512,599
4	$871,200	-$282,674 -$52,272	$536,254
5	$914,750	-$298,788 -$54,885	$561,077
6	$960,500	-$315,715 -$57,630	$587,155
7	$1,008,500	-$333,475 -$60,510	$614,515
8	$1,058,950	-$352,142 -$63,537	$643,271
9	$1,111,900	-$371,733 -$66,714	$673,453
10	$1,167,500	-$392,305 -$70,050	$705,145
11	$1,225,850	-$413,895 -$73,551	$738,404
12	$1,287,150	-$436,576 -$77,229	$773,345
13	$1,351,500	-$460,385 -$81,090	$810,025
14	$1,419,100	-$485,397 -$85,146	$848,557
15	$1,490,050	-$511,649 -$89,403	$888,998
16	$1,564,550	-$539,214 -$93,873	$931,463
17	$1,642,750	-$568,148 -$98,565	$976,037
18	$1,724,900	-$598,543 -$103,494	$1,022,863
19	$1,811,150	-$630,456 -$108,669	$1,072,025
20	$1,901,700	-$663,959 -$114,102	$1,123,639
21	$1,996,800	-$699,146 -$119,808	$1,177,846
22	$2,096,650	-$736,091 -$125,799	$1,234,760
23	$2,201,450	-$774,867 -$132,087	$1,294,496
24	$2,311,550	-$815,604 -$138,693	$1,357,253
25	$2,427,100	-$858,357 -$145,626	$1,423,117
26	$2,548,500	-$903,275 -$152,910	$1,492,315
27	$2,675,900	-$950,413 -$160,554	$1,564,933
28	$2,809,700	-$999,919 -$168,582	$1,641,199
29	$2,950,200	-$1,051,904 -$177,012	$1,721,284
30	$3,097,700	-$1,106,479 -$185,862	$1,805,359