The jackpot for the Powerball draw on Sat Jul 19, 2025, is projected to be $288 Million, with an option for a cash payout of $130.6 Million. Should you be the lucky winner of the Powerball jackpot, anticipate the IRS to initially withhold 24% of your winnings for taxes, and be prepared that you might need to pay up to an additional 13% in federal taxes at tax time. For Vermont residents, the state will deduct 6% from your lottery earnings.
| Vermont Powerball Jackpot/Cash Option for Sat Jul 19, 2025 |
|---|
| Draw Date | Sat Jul 19, 2025 | | Projected Jackpot | $288,000,000 | | Cash Value | $130,600,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $130,600,000 | | Federal Tax(24%) | $31,344,000 | | Additional Federal Tax | $16,938,330 | | State Tax(6%) | $7,836,000 | | Net Lumpsum Payment | $74,481,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,334,688 |
$1,564,165
$260,081 |
$2,510,442 |
| 2 |
$4,551,552 |
$1,644,405
$273,093 |
$2,634,054 |
| 3 |
$4,779,072 |
$1,728,587
$286,744 |
$2,763,741 |
| 4 |
$5,018,112 |
$1,817,032
$301,087 |
$2,899,993 |
| 5 |
$5,268,960 |
$1,909,846
$316,138 |
$3,042,976 |
| 6 |
$5,532,480 |
$2,007,348
$331,949 |
$3,193,183 |
| 7 |
$5,808,960 |
$2,109,646
$348,538 |
$3,350,776 |
| 8 |
$6,099,552 |
$2,217,165
$365,973 |
$3,516,414 |
| 9 |
$6,404,544 |
$2,330,012
$384,273 |
$3,690,259 |
| 10 |
$6,724,800 |
$2,448,506
$403,488 |
$3,872,806 |
| 11 |
$7,060,896 |
$2,572,862
$423,654 |
$4,064,380 |
| 12 |
$7,413,984 |
$2,703,504
$444,839 |
$4,265,641 |
| 13 |
$7,784,640 |
$2,840,647
$467,078 |
$4,476,915 |
| 14 |
$8,174,016 |
$2,984,716
$490,441 |
$4,698,859 |
| 15 |
$8,582,688 |
$3,135,925
$514,961 |
$4,931,802 |
| 16 |
$9,011,808 |
$3,294,699
$540,708 |
$5,176,401 |
| 17 |
$9,462,240 |
$3,461,359
$567,734 |
$5,433,147 |
| 18 |
$9,935,424 |
$3,636,437
$596,125 |
$5,702,862 |
| 19 |
$10,432,224 |
$3,820,253
$625,933 |
$5,986,038 |
| 20 |
$10,953,792 |
$4,013,233
$657,228 |
$6,283,331 |
| 21 |
$11,501,568 |
$4,215,911
$690,094 |
$6,595,563 |
| 22 |
$12,076,704 |
$4,428,711
$724,602 |
$6,923,391 |
| 23 |
$12,680,352 |
$4,652,061
$760,821 |
$7,267,470 |
| 24 |
$13,314,528 |
$4,886,706
$798,872 |
$7,628,950 |
| 25 |
$13,980,096 |
$5,132,966
$838,806 |
$8,008,324 |
| 26 |
$14,679,360 |
$5,391,694
$880,762 |
$8,406,904 |
| 27 |
$15,413,184 |
$5,663,208
$924,791 |
$8,825,185 |
| 28 |
$16,183,872 |
$5,948,363
$971,032 |
$9,264,477 |
| 29 |
$16,993,152 |
$6,247,797
$1,019,589 |
$9,725,766 |
| 30 |
$17,842,752 |
$6,562,149
$1,070,565 |
$10,210,038 |
|
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