Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Nov 24, 2025 is estimated to be $654 Million, with a cash option of 303.2 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 24, 2025

Draw Date	Jackpot	Cash Option
Mon Nov 24, 2025	$654,000,000	$303,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$303,200,000
Federal Tax(24%)	$72,768,000
Additional Federal Tax	$39,376,330
State Tax(6%)	$18,192,000
Net Lumpsum Payment	$172,863,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$9,843,354	-$3,602,371 -$590,601	$5,650,382
2	$10,335,816	-$3,784,582 -$620,149	$5,931,085
3	$10,852,476	-$3,975,747 -$651,149	$6,225,580
4	$11,395,296	-$4,176,590 -$683,718	$6,534,988
5	$11,964,930	-$4,387,354 -$717,896	$6,859,680
6	$12,563,340	-$4,608,766 -$753,800	$7,200,774
7	$13,191,180	-$4,841,067 -$791,471	$7,558,642
8	$13,851,066	-$5,085,225 -$831,064	$7,934,777
9	$14,543,652	-$5,341,482 -$872,619	$8,329,551
10	$15,270,900	-$5,610,563 -$916,254	$8,744,083
11	$16,034,118	-$5,892,954 -$962,047	$9,179,117
12	$16,835,922	-$6,189,622 -$1,010,155	$9,636,145
13	$17,677,620	-$6,501,050 -$1,060,657	$10,115,913
14	$18,561,828	-$6,828,207 -$1,113,710	$10,619,911
15	$19,489,854	-$7,171,576 -$1,169,391	$11,148,887
16	$20,464,314	-$7,532,127 -$1,227,859	$11,704,328
17	$21,487,170	-$7,910,583 -$1,289,230	$12,287,357
18	$22,561,692	-$8,308,156 -$1,353,702	$12,899,834
19	$23,689,842	-$8,725,572 -$1,421,391	$13,542,879
20	$24,874,236	-$9,163,798 -$1,492,454	$14,217,984
21	$26,118,144	-$9,624,044 -$1,567,089	$14,927,011
22	$27,424,182	-$10,107,278 -$1,645,451	$15,671,453
23	$28,794,966	-$10,614,468 -$1,727,698	$16,452,800
24	$30,235,074	-$11,147,308 -$1,814,104	$17,273,662
25	$31,746,468	-$11,706,524 -$1,904,788	$18,135,156
26	$33,334,380	-$12,294,051 -$2,000,063	$19,040,266
27	$35,000,772	-$12,910,616 -$2,100,046	$19,990,110
28	$36,750,876	-$13,558,155 -$2,205,053	$20,987,668
29	$38,588,616	-$14,238,118 -$2,315,317	$22,035,181
30	$40,517,916	-$14,951,959 -$2,431,075	$23,134,882