The jackpot for the Powerball draw on Mon Apr 6, 2026, is projected to be $231 Million, with an option for a cash payout of $105 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 Apr 6, 2026 |
|---|
| Draw Date | Mon Apr 6, 2026 | | Projected Jackpot | $231,000,000 | | Cash Value | $105,000,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $105,000,000 | | Federal Tax(24%) | $25,200,000 | | Additional Federal Tax | $13,610,330 | | State Tax(6%) | $6,300,000 | | Net Lumpsum Payment | $59,889,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,476,781 |
$1,246,739
$208,607 |
$2,021,435 |
| 2 |
$3,650,724 |
$1,311,098
$219,043 |
$2,120,583 |
| 3 |
$3,833,214 |
$1,378,620
$229,993 |
$2,224,601 |
| 4 |
$4,024,944 |
$1,449,560
$241,497 |
$2,333,887 |
| 5 |
$4,226,145 |
$1,524,004
$253,569 |
$2,448,572 |
| 6 |
$4,437,510 |
$1,602,209
$266,251 |
$2,569,050 |
| 7 |
$4,659,270 |
$1,684,260
$279,556 |
$2,695,454 |
| 8 |
$4,892,349 |
$1,770,500
$293,541 |
$2,828,308 |
| 9 |
$5,136,978 |
$1,861,012
$308,219 |
$2,967,747 |
| 10 |
$5,393,850 |
$1,956,055
$323,631 |
$3,114,164 |
| 11 |
$5,663,427 |
$2,055,798
$339,806 |
$3,267,823 |
| 12 |
$5,946,633 |
$2,160,585
$356,798 |
$3,429,250 |
| 13 |
$6,243,930 |
$2,270,584
$374,636 |
$3,598,710 |
| 14 |
$6,556,242 |
$2,386,140
$393,375 |
$3,776,727 |
| 15 |
$6,884,031 |
$2,507,422
$413,042 |
$3,963,567 |
| 16 |
$7,228,221 |
$2,634,772
$433,693 |
$4,159,756 |
| 17 |
$7,589,505 |
$2,768,447
$455,370 |
$4,365,688 |
| 18 |
$7,969,038 |
$2,908,874
$478,142 |
$4,582,022 |
| 19 |
$8,367,513 |
$3,056,310
$502,051 |
$4,809,152 |
| 20 |
$8,785,854 |
$3,211,096
$527,151 |
$5,047,607 |
| 21 |
$9,225,216 |
$3,373,660
$553,513 |
$5,298,043 |
| 22 |
$9,686,523 |
$3,544,344
$581,191 |
$5,560,988 |
| 23 |
$10,170,699 |
$3,723,489
$610,242 |
$5,836,968 |
| 24 |
$10,679,361 |
$3,911,694
$640,762 |
$6,126,905 |
| 25 |
$11,213,202 |
$4,109,215
$672,792 |
$6,431,195 |
| 26 |
$11,774,070 |
$4,316,736
$706,444 |
$6,750,890 |
| 27 |
$12,362,658 |
$4,534,514
$741,759 |
$7,086,385 |
| 28 |
$12,980,814 |
$4,763,232
$778,849 |
$7,438,733 |
| 29 |
$13,629,924 |
$5,003,402
$817,795 |
$7,808,727 |
| 30 |
$14,311,374 |
$5,255,539
$858,682 |
$8,197,153 |
|
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