Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon May 11, 2026 is estimated to be $57 Million, with a cash option of 25.7 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 May 11, 2026

Draw Date	Jackpot	Cash Option
Mon May 11, 2026	$57,000,000	$25,700,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$25,700,000
Federal Tax(24%)	$6,168,000
Additional Federal Tax	$3,301,330
State Tax(6%)	$1,542,000
Net Lumpsum Payment	$14,688,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$857,907	-$277,756 -$51,474	$528,677
2	$900,828	-$293,637 -$54,050	$553,141
3	$945,858	-$310,298 -$56,751	$578,809
4	$993,168	-$327,803 -$59,590	$605,775
5	$1,042,815	-$346,172 -$62,569	$634,074
6	$1,094,970	-$365,469 -$65,698	$663,803
7	$1,149,690	-$385,716 -$68,981	$694,993
8	$1,207,203	-$406,995 -$72,432	$727,776
9	$1,267,566	-$429,330 -$76,054	$762,182
10	$1,330,950	-$452,782 -$79,857	$798,311
11	$1,397,469	-$477,394 -$83,848	$836,227
12	$1,467,351	-$503,250 -$88,041	$876,060
13	$1,540,710	-$530,393 -$92,443	$917,874
14	$1,617,774	-$558,907 -$97,066	$961,801
15	$1,698,657	-$588,833 -$101,919	$1,007,905
16	$1,783,587	-$620,258 -$107,015	$1,056,314
17	$1,872,735	-$653,242 -$112,364	$1,107,129
18	$1,966,386	-$687,893 -$117,983	$1,160,510
19	$2,064,711	-$724,273 -$123,883	$1,216,555
20	$2,167,938	-$762,467 -$130,076	$1,275,395
21	$2,276,352	-$802,581 -$136,581	$1,337,190
22	$2,390,181	-$844,697 -$143,411	$1,402,073
23	$2,509,653	-$888,902 -$150,579	$1,470,172
24	$2,635,167	-$935,342 -$158,110	$1,541,715
25	$2,766,894	-$984,081 -$166,014	$1,616,799
26	$2,905,290	-$1,035,288 -$174,317	$1,695,685
27	$3,050,526	-$1,089,025 -$183,032	$1,778,469
28	$3,203,058	-$1,145,462 -$192,183	$1,865,413
29	$3,363,228	-$1,204,725 -$201,794	$1,956,709
30	$3,531,378	-$1,266,940 -$211,883	$2,052,555