Jackpot Analysis Vermont Powerball

Jackpot Analysis for Vermont Powerball
The jackpot for the Powerball draw on Mon Mar 17, 2025, is projected to be $398 Million, with an option for a cash payout of $185.7 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 Mon Mar 17, 2025
Draw DateMon Mar 17, 2025
Projected Jackpot$398,000,000
Cash Value$185,700,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$185,700,000
Federal Tax(24%)$44,568,000
Additional Federal Tax$24,101,330
State Tax(6%)$11,142,000
Net Lumpsum Payment$105,888,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $5,990,298 $2,176,741
$359,418
$3,454,139
2 $6,289,992 $2,287,627
$377,400
$3,624,965
3 $6,604,412 $2,403,963
$396,265
$3,804,184
4 $6,934,752 $2,526,189
$416,085
$3,992,478
5 $7,281,410 $2,654,452
$436,885
$4,190,073
6 $7,645,580 $2,789,195
$458,735
$4,397,650
7 $8,027,660 $2,930,565
$481,660
$4,615,435
8 $8,429,242 $3,079,150
$505,755
$4,844,337
9 $8,850,724 $3,235,098
$531,043
$5,084,583
10 $9,293,300 $3,398,851
$557,598
$5,336,851
11 $9,757,766 $3,570,704
$585,466
$5,601,596
12 $10,245,714 $3,751,245
$614,743
$5,879,726
13 $10,757,940 $3,940,768
$645,476
$6,171,696
14 $11,296,036 $4,139,864
$677,762
$6,478,410
15 $11,860,798 $4,348,826
$711,648
$6,800,324
16 $12,453,818 $4,568,243
$747,229
$7,138,346
17 $13,076,290 $4,798,558
$784,577
$7,493,155
18 $13,730,204 $5,040,506
$823,812
$7,865,886
19 $14,416,754 $5,294,529
$865,005
$8,257,220
20 $15,137,532 $5,561,217
$908,252
$8,668,063
21 $15,894,528 $5,841,306
$953,672
$9,099,550
22 $16,689,334 $6,135,384
$1,001,360
$9,552,590
23 $17,523,542 $6,444,041
$1,051,413
$10,028,088
24 $18,399,938 $6,768,307
$1,103,996
$10,527,635
25 $19,319,716 $7,108,625
$1,159,183
$11,051,908
26 $20,286,060 $7,466,173
$1,217,164
$11,602,723
27 $21,300,164 $7,841,391
$1,278,010
$12,180,763
28 $22,365,212 $8,235,459
$1,341,913
$12,787,840
29 $23,483,592 $8,649,259
$1,409,016
$13,425,317
30 $24,657,692 $9,083,676
$1,479,462
$14,094,554