The jackpot for the Powerball draw on Sat Aug 30, 2025, is projected to be $950 Million, with an option for a cash payout of $428.9 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 Aug 30, 2025 |
|---|
| Draw Date | Sat Aug 30, 2025 | | Projected Jackpot | $950,000,000 | | Cash Value | $428,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $428,900,000 | | Federal Tax(24%) | $102,936,000 | | Additional Federal Tax | $55,717,330 | | State Tax(6%) | $25,734,000 | | Net Lumpsum Payment | $244,512,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$14,298,450 |
$5,250,757
$857,907 |
$8,189,786 |
| 2 |
$15,013,800 |
$5,515,436
$900,828 |
$8,597,536 |
| 3 |
$15,764,300 |
$5,793,121
$945,858 |
$9,025,321 |
| 4 |
$16,552,800 |
$6,084,866
$993,168 |
$9,474,766 |
| 5 |
$17,380,250 |
$6,391,023
$1,042,815 |
$9,946,412 |
| 6 |
$18,249,500 |
$6,712,645
$1,094,970 |
$10,441,885 |
| 7 |
$19,161,500 |
$7,050,085
$1,149,690 |
$10,961,725 |
| 8 |
$20,120,050 |
$7,404,749
$1,207,203 |
$11,508,098 |
| 9 |
$21,126,100 |
$7,776,987
$1,267,566 |
$12,081,547 |
| 10 |
$22,182,500 |
$8,167,855
$1,330,950 |
$12,683,695 |
| 11 |
$23,291,150 |
$8,578,056
$1,397,469 |
$13,315,625 |
| 12 |
$24,455,850 |
$9,008,995
$1,467,351 |
$13,979,504 |
| 13 |
$25,678,500 |
$9,461,375
$1,540,710 |
$14,676,415 |
| 14 |
$26,962,900 |
$9,936,603
$1,617,774 |
$15,408,523 |
| 15 |
$28,310,950 |
$10,435,382
$1,698,657 |
$16,176,911 |
| 16 |
$29,726,450 |
$10,959,117
$1,783,587 |
$16,983,746 |
| 17 |
$31,212,250 |
$11,508,863
$1,872,735 |
$17,830,652 |
| 18 |
$32,773,100 |
$12,086,377
$1,966,386 |
$18,720,337 |
| 19 |
$34,411,850 |
$12,692,715
$2,064,711 |
$19,654,424 |
| 20 |
$36,132,300 |
$13,329,281
$2,167,938 |
$20,635,081 |
| 21 |
$37,939,200 |
$13,997,834
$2,276,352 |
$21,665,014 |
| 22 |
$39,836,350 |
$14,699,780
$2,390,181 |
$22,746,389 |
| 23 |
$41,827,550 |
$15,436,524
$2,509,653 |
$23,881,373 |
| 24 |
$43,919,450 |
$16,210,527
$2,635,167 |
$25,073,756 |
| 25 |
$46,114,900 |
$17,022,843
$2,766,894 |
$26,325,163 |
| 26 |
$48,421,500 |
$17,876,285
$2,905,290 |
$27,639,925 |
| 27 |
$50,842,100 |
$18,771,907
$3,050,526 |
$29,019,667 |
| 28 |
$53,384,300 |
$19,712,521
$3,203,058 |
$30,468,721 |
| 29 |
$56,053,800 |
$20,700,236
$3,363,228 |
$31,990,336 |
| 30 |
$58,856,300 |
$21,737,161
$3,531,378 |
$33,587,761 |
|
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