The jackpot for the Powerball draw on Mon Dec 1, 2025, is projected to be $740 Million, with an option for a cash payout of $346.1 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 Mon Dec 1, 2025 |
|---|
| Draw Date | Mon Dec 1, 2025 | | Projected Jackpot | $740,000,000 | | Cash Value | $346,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $346,100,000 | | Federal Tax(24%) | $83,064,000 | | Additional Federal Tax | $44,953,330 | | State Tax(6%) | $20,766,000 | | Net Lumpsum Payment | $197,316,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$11,137,740 |
$4,081,294 $668,264 |
$6,388,182 |
| 2 |
$11,694,960 |
$4,287,466 $701,698 |
$6,705,796 |
| 3 |
$12,279,560 |
$4,503,768 $736,774 |
$7,039,018 |
| 4 |
$12,893,760 |
$4,731,022 $773,626 |
$7,389,112 |
| 5 |
$13,538,300 |
$4,969,501 $812,298 |
$7,756,501 |
| 6 |
$14,215,400 |
$5,220,028 $852,924 |
$8,142,448 |
| 7 |
$14,925,800 |
$5,482,876 $895,548 |
$8,547,376 |
| 8 |
$15,672,460 |
$5,759,141 $940,348 |
$8,972,971 |
| 9 |
$16,456,120 |
$6,049,095 $987,367 |
$9,419,658 |
| 10 |
$17,279,000 |
$6,353,560 $1,036,740 |
$9,888,700 |
| 11 |
$18,142,580 |
$6,673,085 $1,088,555 |
$10,380,940 |
| 12 |
$19,049,820 |
$7,008,764 $1,142,989 |
$10,898,067 |
| 13 |
$20,002,200 |
$7,361,144 $1,200,132 |
$11,440,924 |
| 14 |
$21,002,680 |
$7,731,322 $1,260,161 |
$12,011,197 |
| 15 |
$22,052,740 |
$8,119,844 $1,323,164 |
$12,609,732 |
| 16 |
$23,155,340 |
$8,527,806 $1,389,320 |
$13,238,214 |
| 17 |
$24,312,700 |
$8,956,029 $1,458,762 |
$13,897,909 |
| 18 |
$25,528,520 |
$9,405,883 $1,531,711 |
$14,590,926 |
| 19 |
$26,805,020 |
$9,878,188 $1,608,301 |
$15,318,531 |
| 20 |
$28,145,160 |
$10,374,040 $1,688,710 |
$16,082,410 |
| 21 |
$29,552,640 |
$10,894,807 $1,773,158 |
$16,884,675 |
| 22 |
$31,030,420 |
$11,441,586 $1,861,825 |
$17,727,009 |
| 23 |
$32,581,460 |
$12,015,471 $1,954,888 |
$18,611,101 |
| 24 |
$34,210,940 |
$12,618,378 $2,052,656 |
$19,539,906 |
| 25 |
$35,921,080 |
$13,251,130 $2,155,265 |
$20,514,685 |
| 26 |
$37,717,800 |
$13,915,916 $2,263,068 |
$21,538,816 |
| 27 |
$39,603,320 |
$14,613,559 $2,376,199 |
$22,613,562 |
| 28 |
$41,583,560 |
$15,346,248 $2,495,014 |
$23,742,298 |
| 29 |
$43,662,960 |
$16,115,626 $2,619,778 |
$24,927,556 |
| 30 |
$45,845,960 |
$16,923,336 $2,750,758 |
$26,171,866 |
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