Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Oct 13, 2025 is estimated to be $258 Million, with a cash option of 120.8 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 Mon Oct 13, 2025

Draw Date	Jackpot	Cash Option
Mon Oct 13, 2025	$258,000,000	$120,800,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$120,800,000
Federal Tax(24%)	$28,992,000
Additional Federal Tax	$15,664,330
State Tax(6%)	$7,248,000
Net Lumpsum Payment	$68,895,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,883,158	-$1,397,099 -$232,989	$2,253,070
2	$4,077,432	-$1,468,980 -$244,646	$2,363,806
3	$4,281,252	-$1,544,394 -$256,875	$2,479,983
4	$4,495,392	-$1,623,625 -$269,724	$2,602,043
5	$4,720,110	-$1,706,771 -$283,207	$2,730,132
6	$4,956,180	-$1,794,117 -$297,371	$2,864,692
7	$5,203,860	-$1,885,759 -$312,232	$3,005,869
8	$5,464,182	-$1,982,078 -$327,851	$3,154,253
9	$5,737,404	-$2,083,170 -$344,244	$3,309,990
10	$6,024,300	-$2,189,321 -$361,458	$3,473,521
11	$6,325,386	-$2,300,723 -$379,523	$3,645,140
12	$6,641,694	-$2,417,757 -$398,502	$3,825,435
13	$6,973,740	-$2,540,614 -$418,424	$4,014,702
14	$7,322,556	-$2,669,676 -$439,353	$4,213,527
15	$7,688,658	-$2,805,134 -$461,319	$4,422,205
16	$8,073,078	-$2,947,369 -$484,385	$4,641,324
17	$8,476,590	-$3,096,669 -$508,595	$4,871,326
18	$8,900,484	-$3,253,509 -$534,029	$5,112,946
19	$9,345,534	-$3,418,178 -$560,732	$5,366,624
20	$9,812,772	-$3,591,056 -$588,766	$5,632,950
21	$10,303,488	-$3,772,621 -$618,209	$5,912,658
22	$10,818,714	-$3,963,255 -$649,123	$6,206,336
23	$11,359,482	-$4,163,339 -$681,569	$6,514,574
24	$11,927,598	-$4,373,542 -$715,656	$6,838,400
25	$12,523,836	-$4,594,150 -$751,430	$7,178,256
26	$13,150,260	-$4,825,927 -$789,016	$7,535,317
27	$13,807,644	-$5,069,159 -$828,459	$7,910,026
28	$14,498,052	-$5,324,610 -$869,883	$8,303,559
29	$15,223,032	-$5,592,852 -$913,382	$8,716,798
30	$15,984,132	-$5,874,459 -$959,048	$9,150,625