Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Wed Feb 25, 2026 is estimated to be $218 Million, with a cash option of 101.6 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 Wed Feb 25, 2026

Draw Date	Jackpot	Cash Option
Wed Feb 25, 2026	$218,000,000	$101,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$101,600,000
Federal Tax(24%)	$24,384,000
Additional Federal Tax	$13,168,330
State Tax(6%)	$6,096,000
Net Lumpsum Payment	$57,951,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,281,118	-$1,174,344 -$196,867	$1,909,907
2	$3,445,272	-$1,235,081 -$206,716	$2,003,475
3	$3,617,492	-$1,298,802 -$217,050	$2,101,640
4	$3,798,432	-$1,365,750 -$227,906	$2,204,776
5	$3,988,310	-$1,436,005 -$239,299	$2,313,006
6	$4,187,780	-$1,509,809 -$251,267	$2,426,704
7	$4,397,060	-$1,587,243 -$263,824	$2,545,993
8	$4,617,022	-$1,668,629 -$277,021	$2,671,372
9	$4,847,884	-$1,754,047 -$290,873	$2,802,964
10	$5,090,300	-$1,843,741 -$305,418	$2,941,141
11	$5,344,706	-$1,937,872 -$320,682	$3,086,152
12	$5,611,974	-$2,036,761 -$336,718	$3,238,495
13	$5,892,540	-$2,140,570 -$353,552	$3,398,418
14	$6,187,276	-$2,249,623 -$371,237	$3,566,416
15	$6,496,618	-$2,364,079 -$389,797	$3,742,742
16	$6,821,438	-$2,484,262 -$409,286	$3,927,890
17	$7,162,390	-$2,610,415 -$429,743	$4,122,232
18	$7,520,564	-$2,742,939 -$451,234	$4,326,391
19	$7,896,614	-$2,882,078 -$473,797	$4,540,739
20	$8,291,412	-$3,028,153 -$497,485	$4,765,774
21	$8,706,048	-$3,181,568 -$522,363	$5,002,117
22	$9,141,394	-$3,342,646 -$548,484	$5,250,264
23	$9,598,322	-$3,511,710 -$575,899	$5,510,713
24	$10,078,358	-$3,689,323 -$604,701	$5,784,334
25	$10,582,156	-$3,875,728 -$634,929	$6,071,499
26	$11,111,460	-$4,071,571 -$666,688	$6,373,201
27	$11,666,924	-$4,277,092 -$700,015	$6,689,817
28	$12,250,292	-$4,492,938 -$735,018	$7,022,336
29	$12,862,872	-$4,719,593 -$771,772	$7,371,507
30	$13,505,972	-$4,957,540 -$810,358	$7,738,074