Jackpot Analysis Vermont Powerball

Jackpot Analysis for Vermont Powerball
The jackpot for the Powerball draw on Mon Jul 21, 2025, is projected to be $308 Million, with an option for a cash payout of $137.7 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 Mon Jul 21, 2025
Draw DateMon Jul 21, 2025
Projected Jackpot$308,000,000
Cash Value$137,700,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$137,700,000
Federal Tax(24%)$33,048,000
Additional Federal Tax$17,861,330
State Tax(6%)$8,262,000
Net Lumpsum Payment$78,528,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $4,635,708 $1,675,542
$278,142
$2,682,024
2 $4,867,632 $1,761,354
$292,058
$2,814,220
3 $5,110,952 $1,851,383
$306,657
$2,952,912
4 $5,366,592 $1,945,969
$321,996
$3,098,627
5 $5,634,860 $2,045,229
$338,092
$3,251,539
6 $5,916,680 $2,149,502
$355,001
$3,412,177
7 $6,212,360 $2,258,904
$372,742
$3,580,714
8 $6,523,132 $2,373,889
$391,388
$3,757,855
9 $6,849,304 $2,494,573
$410,958
$3,943,773
10 $7,191,800 $2,621,296
$431,508
$4,138,996
11 $7,551,236 $2,754,288
$453,074
$4,343,874
12 $7,928,844 $2,894,003
$475,731
$4,559,110
13 $8,325,240 $3,040,669
$499,514
$4,785,057
14 $8,741,656 $3,194,743
$524,499
$5,022,414
15 $9,178,708 $3,356,452
$550,722
$5,271,534
16 $9,637,628 $3,526,253
$578,258
$5,533,117
17 $10,119,340 $3,704,486
$607,160
$5,807,694
18 $10,625,384 $3,891,722
$637,523
$6,096,139
19 $11,156,684 $4,088,303
$669,401
$6,398,980
20 $11,714,472 $4,294,685
$702,868
$6,716,919
21 $12,300,288 $4,511,437
$738,017
$7,050,834
22 $12,915,364 $4,739,015
$774,922
$7,401,427
23 $13,560,932 $4,977,875
$813,656
$7,769,401
24 $14,239,148 $5,228,815
$854,349
$8,155,984
25 $14,950,936 $5,492,177
$897,056
$8,561,703
26 $15,698,760 $5,768,872
$941,926
$8,987,962
27 $16,483,544 $6,059,242
$989,013
$9,435,289
28 $17,307,752 $6,364,199
$1,038,465
$9,905,088
29 $18,173,232 $6,684,426
$1,090,394
$10,398,412
30 $19,081,832 $7,020,608
$1,144,910
$10,916,314