The jackpot for the Powerball draw on Wed Feb 18, 2026, is projected to be $169 Million, with an option for a cash payout of $79.2 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 Wed Feb 18, 2026 |
|---|
| Draw Date | Wed Feb 18, 2026 | | Projected Jackpot | $169,000,000 | | Cash Value | $79,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $79,200,000 | | Federal Tax(24%) | $19,008,000 | | Additional Federal Tax | $10,256,330 | | State Tax(6%) | $4,752,000 | | Net Lumpsum Payment | $45,183,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,543,619 |
$901,469
$152,617 |
$1,489,533 |
| 2 |
$2,670,876 |
$948,555
$160,253 |
$1,562,068 |
| 3 |
$2,804,386 |
$997,953
$168,263 |
$1,638,170 |
| 4 |
$2,944,656 |
$1,049,853
$176,679 |
$1,718,124 |
| 5 |
$3,091,855 |
$1,104,317
$185,511 |
$1,802,027 |
| 6 |
$3,246,490 |
$1,161,532
$194,789 |
$1,890,169 |
| 7 |
$3,408,730 |
$1,221,560
$204,524 |
$1,982,646 |
| 8 |
$3,579,251 |
$1,284,653
$214,755 |
$2,079,843 |
| 9 |
$3,758,222 |
$1,350,873
$225,493 |
$2,181,856 |
| 10 |
$3,946,150 |
$1,420,406
$236,769 |
$2,288,975 |
| 11 |
$4,143,373 |
$1,493,378
$248,602 |
$2,401,393 |
| 12 |
$4,350,567 |
$1,570,040
$261,034 |
$2,519,493 |
| 13 |
$4,568,070 |
$1,650,516
$274,084 |
$2,643,470 |
| 14 |
$4,796,558 |
$1,735,057
$287,793 |
$2,773,708 |
| 15 |
$5,036,369 |
$1,823,787
$302,182 |
$2,910,400 |
| 16 |
$5,288,179 |
$1,916,957
$317,291 |
$3,053,931 |
| 17 |
$5,552,495 |
$2,014,754
$333,150 |
$3,204,591 |
| 18 |
$5,830,162 |
$2,117,490
$349,810 |
$3,362,862 |
| 19 |
$6,121,687 |
$2,225,355
$367,301 |
$3,529,031 |
| 20 |
$6,427,746 |
$2,338,596
$385,665 |
$3,703,485 |
| 21 |
$6,749,184 |
$2,457,528
$404,951 |
$3,886,705 |
| 22 |
$7,086,677 |
$2,582,401
$425,201 |
$4,079,075 |
| 23 |
$7,440,901 |
$2,713,464
$446,454 |
$4,280,983 |
| 24 |
$7,813,039 |
$2,851,155
$468,782 |
$4,493,102 |
| 25 |
$8,203,598 |
$2,995,662
$492,216 |
$4,715,720 |
| 26 |
$8,613,930 |
$3,147,484
$516,836 |
$4,949,610 |
| 27 |
$9,044,542 |
$3,306,811
$542,673 |
$5,195,058 |
| 28 |
$9,496,786 |
$3,474,141
$569,807 |
$5,452,838 |
| 29 |
$9,971,676 |
$3,649,851
$598,301 |
$5,723,524 |
| 30 |
$10,470,226 |
$3,834,314
$628,214 |
$6,007,698 |
|
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