Vermont Lottery

VTLottery Powerball Jackpot Analysis

The Powerball jackpot for the draw on Mon Feb 16, 2026 is estimated to be $154 Million, with a cash option of 72.2 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 Feb 16, 2026

Draw Date	Jackpot	Cash Option
Mon Feb 16, 2026	$154,000,000	$72,200,000

Lumpsum Option Taxes and Payment

Category	Amount
Cash Gross Payment	$72,200,000
Federal Tax(24%)	$17,328,000
Additional Federal Tax	$9,346,330
State Tax(6%)	$4,332,000
Net Lumpsum Payment	$41,193,670

Annuity Payment in 30 Installations

Year	Gross Payment	Fed/State Tax	Net Payment
1	$2,317,854	-$817,936 -$139,071	$1,360,847
2	$2,433,816	-$860,842 -$146,029	$1,426,945
3	$2,555,476	-$905,857 -$153,329	$1,496,290
4	$2,683,296	-$953,150 -$160,998	$1,569,148
5	$2,817,430	-$1,002,779 -$169,046	$1,645,605
6	$2,958,340	-$1,054,916 -$177,500	$1,725,924
7	$3,106,180	-$1,109,617 -$186,371	$1,810,192
8	$3,261,566	-$1,167,110 -$195,694	$1,898,762
9	$3,424,652	-$1,227,452 -$205,479	$1,991,721
10	$3,595,900	-$1,290,813 -$215,754	$2,089,333
11	$3,775,618	-$1,357,309 -$226,537	$2,191,772
12	$3,964,422	-$1,427,167 -$237,865	$2,299,390
13	$4,162,620	-$1,500,500 -$249,757	$2,412,363
14	$4,370,828	-$1,577,537 -$262,250	$2,531,041
15	$4,589,354	-$1,658,391 -$275,361	$2,655,602
16	$4,818,814	-$1,743,292 -$289,129	$2,786,393
17	$5,059,670	-$1,832,408 -$303,580	$2,923,682
18	$5,312,692	-$1,926,026 -$318,762	$3,067,904
19	$5,578,342	-$2,024,317 -$334,701	$3,219,324
20	$5,857,236	-$2,127,508 -$351,434	$3,378,294
21	$6,150,144	-$2,235,884 -$369,009	$3,545,251
22	$6,457,682	-$2,349,673 -$387,461	$3,720,548
23	$6,780,466	-$2,469,103 -$406,828	$3,904,535
24	$7,119,574	-$2,594,573 -$427,174	$4,097,827
25	$7,475,468	-$2,726,254 -$448,528	$4,300,686
26	$7,849,380	-$2,864,601 -$470,963	$4,513,816
27	$8,241,772	-$3,009,786 -$494,506	$4,737,480
28	$8,653,876	-$3,162,265 -$519,233	$4,972,378
29	$9,086,616	-$3,322,378 -$545,197	$5,219,041
30	$9,540,916	-$3,490,469 -$572,455	$5,477,992