The jackpot for the Powerball draw on Wed Jan 14, 2026, is projected to be $156 Million, with an option for a cash payout of $70.5 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 Wed Jan 14, 2026 |
|---|
| Draw Date | Wed Jan 14, 2026 | | Projected Jackpot | $156,000,000 | | Cash Value | $70,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $70,500,000 | | Federal Tax(24%) | $16,920,000 | | Additional Federal Tax | $9,125,330 | | State Tax(6%) | $4,230,000 | | Net Lumpsum Payment | $40,224,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,347,956 |
$829,074
$140,877 |
$1,378,005 |
| 2 |
$2,465,424 |
$872,537
$147,925 |
$1,444,962 |
| 3 |
$2,588,664 |
$918,136
$155,320 |
$1,515,208 |
| 4 |
$2,718,144 |
$966,044
$163,089 |
$1,589,011 |
| 5 |
$2,854,020 |
$1,016,318
$171,241 |
$1,666,461 |
| 6 |
$2,996,760 |
$1,069,132
$179,806 |
$1,747,822 |
| 7 |
$3,146,520 |
$1,124,543
$188,791 |
$1,833,186 |
| 8 |
$3,303,924 |
$1,182,782
$198,235 |
$1,922,907 |
| 9 |
$3,469,128 |
$1,243,908
$208,148 |
$2,017,072 |
| 10 |
$3,642,600 |
$1,308,092
$218,556 |
$2,115,952 |
| 11 |
$3,824,652 |
$1,375,452
$229,479 |
$2,219,721 |
| 12 |
$4,015,908 |
$1,446,216
$240,954 |
$2,328,738 |
| 13 |
$4,216,680 |
$1,520,502
$253,001 |
$2,443,177 |
| 14 |
$4,427,592 |
$1,598,539
$265,656 |
$2,563,397 |
| 15 |
$4,648,956 |
$1,680,444
$278,937 |
$2,689,575 |
| 16 |
$4,881,396 |
$1,766,447
$292,884 |
$2,822,065 |
| 17 |
$5,125,380 |
$1,856,721
$307,523 |
$2,961,136 |
| 18 |
$5,381,688 |
$1,951,555
$322,901 |
$3,107,232 |
| 19 |
$5,650,788 |
$2,051,122
$339,047 |
$3,260,619 |
| 20 |
$5,933,304 |
$2,155,653
$355,998 |
$3,421,653 |
| 21 |
$6,230,016 |
$2,265,436
$373,801 |
$3,590,779 |
| 22 |
$6,541,548 |
$2,380,703
$392,493 |
$3,768,352 |
| 23 |
$6,868,524 |
$2,501,684
$412,111 |
$3,954,729 |
| 24 |
$7,212,036 |
$2,628,784
$432,722 |
$4,150,530 |
| 25 |
$7,572,552 |
$2,762,175
$454,353 |
$4,356,024 |
| 26 |
$7,951,320 |
$2,902,319
$477,079 |
$4,571,922 |
| 27 |
$8,348,808 |
$3,049,389
$500,928 |
$4,798,491 |
| 28 |
$8,766,264 |
$3,203,848
$525,976 |
$5,036,440 |
| 29 |
$9,204,624 |
$3,366,041
$552,277 |
$5,286,306 |
| 30 |
$9,664,824 |
$3,536,315
$579,889 |
$5,548,620 |
|
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