Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon May 25, 2026 is estimated to be $141 Million, with a cash option of 62 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 May 25, 2026

Draw Date	Jackpot	Cash Option
Mon May 25, 2026	$141,000,000	$62,000,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$62,000,000
Federal Tax(24%)	$14,880,000
Additional Federal Tax	$8,020,330
State Tax(6%)	$3,720,000
Net Lumpsum Payment	$35,379,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,122,191	-$745,541 -$127,331	$1,249,319
2	$2,228,364	-$784,825 -$133,702	$1,309,837
3	$2,339,754	-$826,039 -$140,385	$1,373,330
4	$2,456,784	-$869,340 -$147,407	$1,440,037
5	$2,579,595	-$914,781 -$154,776	$1,510,038
6	$2,708,610	-$962,516 -$162,517	$1,583,577
7	$2,843,970	-$1,012,599 -$170,638	$1,660,733
8	$2,986,239	-$1,065,239 -$179,174	$1,741,826
9	$3,135,558	-$1,120,487 -$188,133	$1,826,938
10	$3,292,350	-$1,178,500 -$197,541	$1,916,309
11	$3,456,897	-$1,239,382 -$207,414	$2,010,101
12	$3,629,763	-$1,303,343 -$217,786	$2,108,634
13	$3,811,230	-$1,370,485 -$228,674	$2,212,071
14	$4,001,862	-$1,441,019 -$240,112	$2,320,731
15	$4,201,941	-$1,515,049 -$252,116	$2,434,776
16	$4,412,031	-$1,592,782 -$264,722	$2,554,527
17	$4,632,555	-$1,674,376 -$277,953	$2,680,226
18	$4,864,218	-$1,760,091 -$291,853	$2,812,274
19	$5,107,443	-$1,850,084 -$306,447	$2,950,912
20	$5,362,794	-$1,944,564 -$321,768	$3,096,462
21	$5,630,976	-$2,043,792 -$337,859	$3,249,325
22	$5,912,553	-$2,147,975 -$354,753	$3,409,825
23	$6,208,089	-$2,257,323 -$372,485	$3,578,281
24	$6,518,571	-$2,372,202 -$391,114	$3,755,255
25	$6,844,422	-$2,492,767 -$410,665	$3,940,990
26	$7,186,770	-$2,619,435 -$431,206	$4,136,129
27	$7,546,038	-$2,752,364 -$452,762	$4,340,912
28	$7,923,354	-$2,891,971 -$475,401	$4,555,982
29	$8,319,564	-$3,038,569 -$499,174	$4,781,821
30	$8,735,514	-$3,192,471 -$524,131	$5,018,912