The jackpot for the Powerball draw on Sat Sep 20, 2025, is projected to be $99 Million, with an option for a cash payout of $46.3 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Vermont residents, the state will deduct 6% from your lottery earnings.
Vermont Powerball Jackpot/Cash Option for Sat Sep 20, 2025 |
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Draw Date | Sat Sep 20, 2025 | Projected Jackpot | $99,000,000 | Cash Value | $46,300,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $46,300,000 | Federal Tax(24%) | $11,112,000 | Additional Federal Tax | $5,979,330 | State Tax(6%) | $2,778,000 | Net Lumpsum Payment | $26,430,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$1,490,049 |
$511,649 $89,403 |
$888,997 |
2 |
$1,564,596 |
$539,231 $93,876 |
$931,489 |
3 |
$1,642,806 |
$568,169 $98,568 |
$976,069 |
4 |
$1,724,976 |
$598,572 $103,499 |
$1,022,905 |
5 |
$1,811,205 |
$630,476 $108,672 |
$1,072,057 |
6 |
$1,901,790 |
$663,993 $114,107 |
$1,123,690 |
7 |
$1,996,830 |
$699,157 $119,810 |
$1,177,863 |
8 |
$2,096,721 |
$736,117 $125,803 |
$1,234,801 |
9 |
$2,201,562 |
$774,908 $132,094 |
$1,294,560 |
10 |
$2,311,650 |
$815,641 $138,699 |
$1,357,310 |
11 |
$2,427,183 |
$858,388 $145,631 |
$1,423,164 |
12 |
$2,548,557 |
$903,296 $152,913 |
$1,492,348 |
13 |
$2,675,970 |
$950,439 $160,558 |
$1,564,973 |
14 |
$2,809,818 |
$999,963 $168,589 |
$1,641,266 |
15 |
$2,950,299 |
$1,051,941 $177,018 |
$1,721,340 |
16 |
$3,097,809 |
$1,106,520 $185,869 |
$1,805,420 |
17 |
$3,252,645 |
$1,163,809 $195,159 |
$1,893,677 |
18 |
$3,415,302 |
$1,223,992 $204,918 |
$1,986,392 |
19 |
$3,586,077 |
$1,287,179 $215,165 |
$2,083,733 |
20 |
$3,765,366 |
$1,353,516 $225,922 |
$2,185,928 |
21 |
$3,953,664 |
$1,423,186 $237,220 |
$2,293,258 |
22 |
$4,151,367 |
$1,496,336 $249,082 |
$2,405,949 |
23 |
$4,358,871 |
$1,573,113 $261,532 |
$2,524,226 |
24 |
$4,576,869 |
$1,653,772 $274,612 |
$2,648,485 |
25 |
$4,805,658 |
$1,738,424 $288,339 |
$2,778,895 |
26 |
$5,046,030 |
$1,827,361 $302,762 |
$2,915,907 |
27 |
$5,298,282 |
$1,920,695 $317,897 |
$3,059,690 |
28 |
$5,563,206 |
$2,018,717 $333,792 |
$3,210,697 |
29 |
$5,841,396 |
$2,121,647 $350,484 |
$3,369,265 |
30 |
$6,133,446 |
$2,229,705 $368,007 |
$3,535,734 |
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