The jackpot for the Powerball draw on Sat Apr 26, 2025, is projected to be $168 Million, with an option for a cash payout of $77.1 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 Apr 26, 2025 |
|---|
| Draw Date | Sat Apr 26, 2025 | | Projected Jackpot | $168,000,000 | | Cash Value | $77,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $77,100,000 | | Federal Tax(24%) | $18,504,000 | | Additional Federal Tax | $9,983,330 | | State Tax(6%) | $4,626,000 | | Net Lumpsum Payment | $43,986,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,528,568 |
$895,901
$151,714 |
$1,480,953 |
| 2 |
$2,655,072 |
$942,707
$159,304 |
$1,553,061 |
| 3 |
$2,787,792 |
$991,813
$167,268 |
$1,628,711 |
| 4 |
$2,927,232 |
$1,043,406
$175,634 |
$1,708,192 |
| 5 |
$3,073,560 |
$1,097,548
$184,414 |
$1,791,598 |
| 6 |
$3,227,280 |
$1,154,424
$193,637 |
$1,879,219 |
| 7 |
$3,388,560 |
$1,214,098
$203,314 |
$1,971,148 |
| 8 |
$3,558,072 |
$1,276,817
$213,484 |
$2,067,771 |
| 9 |
$3,735,984 |
$1,342,644
$224,159 |
$2,169,181 |
| 10 |
$3,922,800 |
$1,411,766
$235,368 |
$2,275,666 |
| 11 |
$4,118,856 |
$1,484,307
$247,131 |
$2,387,418 |
| 12 |
$4,324,824 |
$1,560,515
$259,489 |
$2,504,820 |
| 13 |
$4,541,040 |
$1,640,515
$272,462 |
$2,628,063 |
| 14 |
$4,768,176 |
$1,724,556
$286,091 |
$2,757,529 |
| 15 |
$5,006,568 |
$1,812,761
$300,394 |
$2,893,413 |
| 16 |
$5,256,888 |
$1,905,379
$315,413 |
$3,036,096 |
| 17 |
$5,519,640 |
$2,002,597
$331,178 |
$3,185,865 |
| 18 |
$5,795,664 |
$2,104,726
$347,740 |
$3,343,198 |
| 19 |
$6,085,464 |
$2,211,952
$365,128 |
$3,508,384 |
| 20 |
$6,389,712 |
$2,324,524
$383,383 |
$3,681,805 |
| 21 |
$6,709,248 |
$2,442,752
$402,555 |
$3,863,941 |
| 22 |
$7,044,744 |
$2,566,886
$422,685 |
$4,055,173 |
| 23 |
$7,396,872 |
$2,697,173
$443,812 |
$4,255,887 |
| 24 |
$7,766,808 |
$2,834,049
$466,008 |
$4,466,751 |
| 25 |
$8,155,056 |
$2,977,701
$489,303 |
$4,688,052 |
| 26 |
$8,562,960 |
$3,128,626
$513,778 |
$4,920,556 |
| 27 |
$8,991,024 |
$3,287,009
$539,461 |
$5,164,554 |
| 28 |
$9,440,592 |
$3,453,349
$566,436 |
$5,420,807 |
| 29 |
$9,912,672 |
$3,628,019
$594,760 |
$5,689,893 |
| 30 |
$10,408,272 |
$3,811,391
$624,496 |
$5,972,385 |
|
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