Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat Nov 14, 2026 is estimated to be $63 Million, with a cash option of 27.1 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 Sat Nov 14, 2026

Draw Date	Jackpot	Cash Option
Sat Nov 14, 2026	$63,000,000	$27,100,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$27,100,000
Federal Tax(24%)	$6,504,000
Additional Federal Tax	$3,483,330
State Tax(6%)	$1,626,000
Net Lumpsum Payment	$15,486,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$948,213	-$311,169 -$56,893	$580,151
2	$995,652	-$328,722 -$59,739	$607,191
3	$1,045,422	-$347,137 -$62,725	$635,560
4	$1,097,712	-$366,484 -$65,863	$665,365
5	$1,152,585	-$386,787 -$69,155	$696,643
6	$1,210,230	-$408,115 -$72,614	$729,501
7	$1,270,710	-$430,493 -$76,243	$763,974
8	$1,334,277	-$454,013 -$80,057	$800,207
9	$1,400,994	-$478,698 -$84,060	$838,236
10	$1,471,050	-$504,619 -$88,263	$878,168
11	$1,544,571	-$531,822 -$92,674	$920,075
12	$1,621,809	-$560,400 -$97,309	$964,100
13	$1,702,890	-$590,400 -$102,173	$1,010,317
14	$1,788,066	-$621,915 -$107,284	$1,058,867
15	$1,877,463	-$654,992 -$112,648	$1,109,823
16	$1,971,333	-$689,724 -$118,280	$1,163,329
17	$2,069,865	-$726,180 -$124,192	$1,219,493
18	$2,173,374	-$764,479 -$130,402	$1,278,493
19	$2,282,049	-$804,689 -$136,923	$1,340,437
20	$2,396,142	-$846,903 -$143,769	$1,405,470
21	$2,515,968	-$891,239 -$150,958	$1,473,771
22	$2,641,779	-$937,789 -$158,507	$1,545,483
23	$2,773,827	-$986,646 -$166,430	$1,620,751
24	$2,912,553	-$1,037,975 -$174,753	$1,699,825
25	$3,058,146	-$1,091,844 -$183,489	$1,782,813
26	$3,211,110	-$1,148,441 -$192,667	$1,870,002
27	$3,371,634	-$1,207,835 -$202,298	$1,961,501
28	$3,540,222	-$1,270,213 -$212,413	$2,057,596
29	$3,717,252	-$1,335,714 -$223,035	$2,158,503
30	$3,903,102	-$1,404,478 -$234,186	$2,264,438