Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Sep 14, 2026 is estimated to be $251 Million, with a cash option of 106.6 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 Mon Sep 14, 2026

Draw Date	Jackpot	Cash Option
Mon Sep 14, 2026	$251,000,000	$106,600,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$106,600,000
Federal Tax(24%)	$25,584,000
Additional Federal Tax	$13,818,330
State Tax(6%)	$6,396,000
Net Lumpsum Payment	$60,801,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$3,777,801	-$1,358,117 -$226,668	$2,193,016
2	$3,966,804	-$1,428,048 -$238,008	$2,300,748
3	$4,165,094	-$1,501,415 -$249,906	$2,413,773
4	$4,373,424	-$1,578,497 -$262,405	$2,532,522
5	$4,592,045	-$1,659,387 -$275,523	$2,657,135
6	$4,821,710	-$1,744,363 -$289,303	$2,788,044
7	$5,062,670	-$1,833,518 -$303,760	$2,925,392
8	$5,315,929	-$1,927,224 -$318,956	$3,069,749
9	$5,581,738	-$2,025,573 -$334,904	$3,221,261
10	$5,860,850	-$2,128,845 -$351,651	$3,380,354
11	$6,153,767	-$2,237,224 -$369,226	$3,547,317
12	$6,461,493	-$2,351,083 -$387,690	$3,722,720
13	$6,784,530	-$2,470,606 -$407,072	$3,906,852
14	$7,123,882	-$2,596,167 -$427,433	$4,100,282
15	$7,480,051	-$2,727,949 -$448,803	$4,303,299
16	$7,854,041	-$2,866,326 -$471,242	$4,516,473
17	$8,246,605	-$3,011,574 -$494,796	$4,740,235
18	$8,658,998	-$3,164,160 -$519,540	$4,975,298
19	$9,091,973	-$3,324,360 -$545,518	$5,222,095
20	$9,546,534	-$3,492,548 -$572,792	$5,481,194
21	$10,023,936	-$3,669,187 -$601,436	$5,753,313
22	$10,525,183	-$3,854,648 -$631,511	$6,039,024
23	$11,051,279	-$4,049,304 -$663,077	$6,338,898
24	$11,603,981	-$4,253,803 -$696,239	$6,653,939
25	$12,184,042	-$4,468,426 -$731,043	$6,984,573
26	$12,793,470	-$4,693,914 -$767,608	$7,331,948
27	$13,433,018	-$4,930,547 -$805,981	$7,696,490
28	$14,104,694	-$5,179,067 -$846,282	$8,079,345
29	$14,810,004	-$5,440,032 -$888,600	$8,481,372
30	$15,550,454	-$5,713,998 -$933,027	$8,903,429