Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Mar 9, 2026 is estimated to be $46 Million, with a cash option of 21.2 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 Mar 9, 2026

Draw Date	Jackpot	Cash Option
Mon Mar 9, 2026	$46,000,000	$21,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$21,200,000
Federal Tax(24%)	$5,088,000
Additional Federal Tax	$2,716,330
State Tax(6%)	$1,272,000
Net Lumpsum Payment	$12,123,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$692,346	-$216,498 -$41,541	$434,307
2	$726,984	-$229,314 -$43,619	$454,051
3	$763,324	-$242,760 -$45,799	$474,765
4	$801,504	-$256,887 -$48,090	$496,527
5	$841,570	-$271,711 -$50,494	$519,365
6	$883,660	-$287,285 -$53,020	$543,355
7	$927,820	-$303,624 -$55,669	$568,527
8	$974,234	-$320,797 -$58,454	$594,983
9	$1,022,948	-$338,821 -$61,377	$622,750
10	$1,074,100	-$357,747 -$64,446	$651,907
11	$1,127,782	-$377,610 -$67,667	$682,505
12	$1,184,178	-$398,476 -$71,051	$714,651
13	$1,243,380	-$420,381 -$74,603	$748,396
14	$1,305,572	-$443,392 -$78,334	$783,846
15	$1,370,846	-$467,543 -$82,251	$821,052
16	$1,439,386	-$492,903 -$86,363	$860,120
17	$1,511,330	-$519,522 -$90,680	$901,128
18	$1,586,908	-$547,486 -$95,214	$944,208
19	$1,666,258	-$576,846 -$99,975	$989,437
20	$1,749,564	-$607,669 -$104,974	$1,036,921
21	$1,837,056	-$640,041 -$110,223	$1,086,792
22	$1,928,918	-$674,030 -$115,735	$1,139,153
23	$2,025,334	-$709,704 -$121,520	$1,194,110
24	$2,126,626	-$747,182 -$127,598	$1,251,846
25	$2,232,932	-$786,515 -$133,976	$1,312,441
26	$2,344,620	-$827,840 -$140,677	$1,376,103
27	$2,461,828	-$871,207 -$147,710	$1,442,911
28	$2,584,924	-$916,752 -$155,095	$1,513,077
29	$2,714,184	-$964,578 -$162,851	$1,586,755
30	$2,849,884	-$1,014,787 -$170,993	$1,664,104