The jackpot for the Powerball draw on Mon Oct 13, 2025, is projected to be $258 Million, with an option for a cash payout of $120.8 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 Oct 13, 2025 |
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Draw Date | Mon Oct 13, 2025 | Projected Jackpot | $258,000,000 | Cash Value | $120,800,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $120,800,000 | Federal Tax(24%) | $28,992,000 | Additional Federal Tax | $15,664,330 | State Tax(6%) | $7,248,000 | Net Lumpsum Payment | $68,895,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$3,883,158 |
$1,397,099 $232,989 |
$2,253,070 |
2 |
$4,077,432 |
$1,468,980 $244,646 |
$2,363,806 |
3 |
$4,281,252 |
$1,544,394 $256,875 |
$2,479,983 |
4 |
$4,495,392 |
$1,623,625 $269,724 |
$2,602,043 |
5 |
$4,720,110 |
$1,706,771 $283,207 |
$2,730,132 |
6 |
$4,956,180 |
$1,794,117 $297,371 |
$2,864,692 |
7 |
$5,203,860 |
$1,885,759 $312,232 |
$3,005,869 |
8 |
$5,464,182 |
$1,982,078 $327,851 |
$3,154,253 |
9 |
$5,737,404 |
$2,083,170 $344,244 |
$3,309,990 |
10 |
$6,024,300 |
$2,189,321 $361,458 |
$3,473,521 |
11 |
$6,325,386 |
$2,300,723 $379,523 |
$3,645,140 |
12 |
$6,641,694 |
$2,417,757 $398,502 |
$3,825,435 |
13 |
$6,973,740 |
$2,540,614 $418,424 |
$4,014,702 |
14 |
$7,322,556 |
$2,669,676 $439,353 |
$4,213,527 |
15 |
$7,688,658 |
$2,805,134 $461,319 |
$4,422,205 |
16 |
$8,073,078 |
$2,947,369 $484,385 |
$4,641,324 |
17 |
$8,476,590 |
$3,096,669 $508,595 |
$4,871,326 |
18 |
$8,900,484 |
$3,253,509 $534,029 |
$5,112,946 |
19 |
$9,345,534 |
$3,418,178 $560,732 |
$5,366,624 |
20 |
$9,812,772 |
$3,591,056 $588,766 |
$5,632,950 |
21 |
$10,303,488 |
$3,772,621 $618,209 |
$5,912,658 |
22 |
$10,818,714 |
$3,963,255 $649,123 |
$6,206,336 |
23 |
$11,359,482 |
$4,163,339 $681,569 |
$6,514,574 |
24 |
$11,927,598 |
$4,373,542 $715,656 |
$6,838,400 |
25 |
$12,523,836 |
$4,594,150 $751,430 |
$7,178,256 |
26 |
$13,150,260 |
$4,825,927 $789,016 |
$7,535,317 |
27 |
$13,807,644 |
$5,069,159 $828,459 |
$7,910,026 |
28 |
$14,498,052 |
$5,324,610 $869,883 |
$8,303,559 |
29 |
$15,223,032 |
$5,592,852 $913,382 |
$8,716,798 |
30 |
$15,984,132 |
$5,874,459 $959,048 |
$9,150,625 |
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