Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Aug 4, 2025 is estimated to be $426 Million, with a cash option of 193.5 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 Aug 4, 2025

Draw Date	Jackpot	Cash Option
Mon Aug 4, 2025	$426,000,000	$193,500,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$193,500,000
Federal Tax(24%)	$46,440,000
Additional Federal Tax	$25,115,330
State Tax(6%)	$11,610,000
Net Lumpsum Payment	$110,334,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$6,411,726	-$2,332,669 -$384,704	$3,694,353
2	$6,732,504	-$2,451,357 -$403,950	$3,877,197
3	$7,069,044	-$2,575,877 -$424,143	$4,069,024
4	$7,422,624	-$2,706,701 -$445,357	$4,270,566
5	$7,793,670	-$2,843,988 -$467,620	$4,482,062
6	$8,183,460	-$2,988,211 -$491,008	$4,704,241
7	$8,592,420	-$3,139,526 -$515,545	$4,937,349
8	$9,022,254	-$3,298,564 -$541,335	$5,182,355
9	$9,473,388	-$3,465,484 -$568,403	$5,439,501
10	$9,947,100	-$3,640,757 -$596,826	$5,709,517
11	$10,444,242	-$3,824,700 -$626,655	$5,992,887
12	$10,966,518	-$4,017,942 -$657,991	$6,290,585
13	$11,514,780	-$4,220,799 -$690,887	$6,603,094
14	$12,090,732	-$4,433,901 -$725,444	$6,931,387
15	$12,695,226	-$4,657,564 -$761,714	$7,275,948
16	$13,329,966	-$4,892,418 -$799,798	$7,637,750
17	$13,996,230	-$5,138,935 -$839,774	$8,017,521
18	$14,696,148	-$5,397,905 -$881,769	$8,416,474
19	$15,430,998	-$5,669,800 -$925,860	$8,835,338
20	$16,202,484	-$5,955,249 -$972,149	$9,275,086
21	$17,012,736	-$6,255,043 -$1,020,764	$9,736,929
22	$17,863,458	-$6,569,810 -$1,071,807	$10,221,841
23	$18,756,354	-$6,900,181 -$1,125,381	$10,730,792
24	$19,694,406	-$7,247,261 -$1,181,664	$11,265,481
25	$20,678,892	-$7,611,520 -$1,240,734	$11,826,638
26	$21,713,220	-$7,994,222 -$1,302,793	$12,416,205
27	$22,798,668	-$8,395,838 -$1,367,920	$13,034,910
28	$23,938,644	-$8,817,629 -$1,436,319	$13,684,696
29	$25,135,704	-$9,260,541 -$1,508,142	$14,367,021
30	$26,392,404	-$9,725,520 -$1,583,544	$15,083,340