The jackpot for the Powerball draw on Sat Feb 14, 2026, is projected to be $146 Million, with an option for a cash payout of $66.9 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 Feb 14, 2026 |
|---|
| Draw Date | Sat Feb 14, 2026 | | Projected Jackpot | $146,000,000 | | Cash Value | $66,900,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $66,900,000 | | Federal Tax(24%) | $16,056,000 | | Additional Federal Tax | $8,657,330 | | State Tax(6%) | $4,014,000 | | Net Lumpsum Payment | $38,172,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,197,446 |
$773,385
$131,847 |
$1,292,214 |
| 2 |
$2,307,384 |
$814,062
$138,443 |
$1,354,879 |
| 3 |
$2,422,724 |
$856,738
$145,363 |
$1,420,623 |
| 4 |
$2,543,904 |
$901,575
$152,634 |
$1,489,695 |
| 5 |
$2,671,070 |
$948,626
$160,264 |
$1,562,180 |
| 6 |
$2,804,660 |
$998,055
$168,280 |
$1,638,325 |
| 7 |
$2,944,820 |
$1,049,914
$176,689 |
$1,718,217 |
| 8 |
$3,092,134 |
$1,104,420
$185,528 |
$1,802,186 |
| 9 |
$3,246,748 |
$1,161,627
$194,805 |
$1,890,316 |
| 10 |
$3,409,100 |
$1,221,697
$204,546 |
$1,982,857 |
| 11 |
$3,579,482 |
$1,284,739
$214,769 |
$2,079,974 |
| 12 |
$3,758,478 |
$1,350,967
$225,509 |
$2,182,002 |
| 13 |
$3,946,380 |
$1,420,491
$236,783 |
$2,289,106 |
| 14 |
$4,143,772 |
$1,493,526
$248,626 |
$2,401,620 |
| 15 |
$4,350,946 |
$1,570,180
$261,057 |
$2,519,709 |
| 16 |
$4,568,486 |
$1,650,670
$274,109 |
$2,643,707 |
| 17 |
$4,796,830 |
$1,735,157
$287,810 |
$2,773,863 |
| 18 |
$5,036,708 |
$1,823,912
$302,202 |
$2,910,594 |
| 19 |
$5,288,558 |
$1,917,097
$317,313 |
$3,054,148 |
| 20 |
$5,552,964 |
$2,014,927
$333,178 |
$3,204,859 |
| 21 |
$5,830,656 |
$2,117,673
$349,839 |
$3,363,144 |
| 22 |
$6,122,218 |
$2,225,551
$367,333 |
$3,529,334 |
| 23 |
$6,428,234 |
$2,338,777
$385,694 |
$3,703,763 |
| 24 |
$6,749,726 |
$2,457,729
$404,984 |
$3,887,013 |
| 25 |
$7,087,132 |
$2,582,569
$425,228 |
$4,079,335 |
| 26 |
$7,441,620 |
$2,713,730
$446,497 |
$4,281,393 |
| 27 |
$7,813,628 |
$2,851,373
$468,818 |
$4,493,437 |
| 28 |
$8,204,324 |
$2,995,930
$492,259 |
$4,716,135 |
| 29 |
$8,614,584 |
$3,147,726
$516,875 |
$4,949,983 |
| 30 |
$9,045,284 |
$3,307,085
$542,717 |
$5,195,482 |
|
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