The jackpot for the Powerball draw on Sat Jul 26, 2025, is projected to be $350 Million, with an option for a cash payout of $156.5 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 Jul 26, 2025 |
|---|
| Draw Date | Sat Jul 26, 2025 | | Projected Jackpot | $350,000,000 | | Cash Value | $156,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $156,500,000 | | Federal Tax(24%) | $37,560,000 | | Additional Federal Tax | $20,305,330 | | State Tax(6%) | $9,390,000 | | Net Lumpsum Payment | $89,244,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$5,267,850 |
$1,909,435
$316,071 |
$3,042,344 |
| 2 |
$5,531,400 |
$2,006,948
$331,884 |
$3,192,568 |
| 3 |
$5,807,900 |
$2,109,253
$348,474 |
$3,350,173 |
| 4 |
$6,098,400 |
$2,216,738
$365,904 |
$3,515,758 |
| 5 |
$6,403,250 |
$2,329,533
$384,195 |
$3,689,522 |
| 6 |
$6,723,500 |
$2,448,025
$403,410 |
$3,872,065 |
| 7 |
$7,059,500 |
$2,572,345
$423,570 |
$4,063,585 |
| 8 |
$7,412,650 |
$2,703,011
$444,759 |
$4,264,880 |
| 9 |
$7,783,300 |
$2,840,151
$466,998 |
$4,476,151 |
| 10 |
$8,172,500 |
$2,984,155
$490,350 |
$4,697,995 |
| 11 |
$8,580,950 |
$3,135,282
$514,857 |
$4,930,811 |
| 12 |
$9,010,050 |
$3,294,049
$540,603 |
$5,175,398 |
| 13 |
$9,460,500 |
$3,460,715
$567,630 |
$5,432,155 |
| 14 |
$9,933,700 |
$3,635,799
$596,022 |
$5,701,879 |
| 15 |
$10,430,350 |
$3,819,560
$625,821 |
$5,984,969 |
| 16 |
$10,951,850 |
$4,012,515
$657,111 |
$6,282,224 |
| 17 |
$11,499,250 |
$4,215,053
$689,955 |
$6,594,242 |
| 18 |
$12,074,300 |
$4,427,821
$724,458 |
$6,922,021 |
| 19 |
$12,678,050 |
$4,651,209
$760,683 |
$7,266,158 |
| 20 |
$13,311,900 |
$4,885,733
$798,714 |
$7,627,453 |
| 21 |
$13,977,600 |
$5,132,042
$838,656 |
$8,006,902 |
| 22 |
$14,676,550 |
$5,390,654
$880,593 |
$8,405,303 |
| 23 |
$15,410,150 |
$5,662,086
$924,609 |
$8,823,455 |
| 24 |
$16,180,850 |
$5,947,245
$970,851 |
$9,262,754 |
| 25 |
$16,989,700 |
$6,246,519
$1,019,382 |
$9,723,799 |
| 26 |
$17,839,500 |
$6,560,945
$1,070,370 |
$10,208,185 |
| 27 |
$18,731,300 |
$6,890,911
$1,123,878 |
$10,716,511 |
| 28 |
$19,667,900 |
$7,237,453
$1,180,074 |
$11,250,373 |
| 29 |
$20,651,400 |
$7,601,348
$1,239,084 |
$11,810,968 |
| 30 |
$21,683,900 |
$7,983,373
$1,301,034 |
$12,399,493 |
|
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