Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Sat May 30, 2026 is estimated to be $172 Million, with a cash option of 75.6 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 May 30, 2026

Draw Date	Jackpot	Cash Option
Sat May 30, 2026	$172,000,000	$75,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$75,600,000
Federal Tax(24%)	$18,144,000
Additional Federal Tax	$9,788,330
State Tax(6%)	$4,536,000
Net Lumpsum Payment	$43,131,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,588,772	-$918,176 -$155,326	$1,515,270
2	$2,718,288	-$966,097 -$163,097	$1,589,094
3	$2,854,168	-$1,016,373 -$171,250	$1,666,545
4	$2,996,928	-$1,069,194 -$179,816	$1,747,918
5	$3,146,740	-$1,124,624 -$188,804	$1,833,312
6	$3,304,120	-$1,182,855 -$198,247	$1,923,018
7	$3,469,240	-$1,243,949 -$208,154	$2,017,137
8	$3,642,788	-$1,308,162 -$218,567	$2,116,059
9	$3,824,936	-$1,375,557 -$229,496	$2,219,883
10	$4,016,200	-$1,446,324 -$240,972	$2,328,904
11	$4,216,924	-$1,520,592 -$253,015	$2,443,317
12	$4,427,796	-$1,598,615 -$265,668	$2,563,513
13	$4,649,160	-$1,680,520 -$278,950	$2,689,690
14	$4,881,704	-$1,766,561 -$292,902	$2,822,241
15	$5,125,772	-$1,856,866 -$307,546	$2,961,360
16	$5,382,052	-$1,951,690 -$322,923	$3,107,439
17	$5,651,060	-$2,051,223 -$339,064	$3,260,773
18	$5,933,656	-$2,155,783 -$356,019	$3,421,854
19	$6,230,356	-$2,265,562 -$373,821	$3,590,973
20	$6,541,848	-$2,380,814 -$392,511	$3,768,523
21	$6,868,992	-$2,501,857 -$412,140	$3,954,995
22	$7,212,476	-$2,628,947 -$432,749	$4,150,780
23	$7,572,988	-$2,762,336 -$454,379	$4,356,273
24	$7,951,732	-$2,902,471 -$477,104	$4,572,157
25	$8,349,224	-$3,049,543 -$500,953	$4,798,728
26	$8,766,840	-$3,204,061 -$526,010	$5,036,769
27	$9,205,096	-$3,366,216 -$552,306	$5,286,574
28	$9,665,368	-$3,536,517 -$579,922	$5,548,929
29	$10,148,688	-$3,715,345 -$608,921	$5,824,422
30	$10,656,088	-$3,903,083 -$639,365	$6,113,640