Jackpot Analysis Vermont Mega Millions

Jackpot Analysis for Vermont Mega Millions
The jackpot for the MEGA Millions draw on Tue Aug 5, 2025, is projected to be $150 Million, with an option for a cash payout of $67.9 Million. Should you be the lucky winner of the MEGA Millions 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 MEGA Millions Jackpot/Cash Option for Tue Aug 5, 2025
Draw DateTue Aug 5, 2025
Projected Jackpot$150,000,000
Cash Value$67,900,000

Lumpsum Option Taxes and Payment
Cash Gross Payment$67,900,000
Federal Tax(24%)$16,296,000
Additional Federal Tax$8,787,330
State Tax(6%)$4,074,000
Net Lumpsum Payment$38,742,670
Annuity Payment in 30 Installations
Yr Gross Payment Fed/State Taxes Net Payment
1 $2,257,650 $795,661
$135,459
$1,326,530
2 $2,370,600 $837,452
$142,236
$1,390,912
3 $2,489,100 $881,297
$149,346
$1,458,457
4 $2,613,600 $927,362
$156,816
$1,529,422
5 $2,744,250 $975,703
$164,655
$1,603,892
6 $2,881,500 $1,026,485
$172,890
$1,682,125
7 $3,025,500 $1,079,765
$181,530
$1,764,205
8 $3,176,850 $1,135,765
$190,611
$1,850,474
9 $3,335,700 $1,194,539
$200,142
$1,941,019
10 $3,502,500 $1,256,255
$210,150
$2,036,095
11 $3,677,550 $1,321,024
$220,653
$2,135,873
12 $3,861,450 $1,389,067
$231,687
$2,240,696
13 $4,054,500 $1,460,495
$243,270
$2,350,735
14 $4,257,300 $1,535,531
$255,438
$2,466,331
15 $4,470,150 $1,614,286
$268,209
$2,587,655
16 $4,693,650 $1,696,981
$281,619
$2,715,050
17 $4,928,250 $1,783,783
$295,695
$2,848,772
18 $5,174,700 $1,874,969
$310,482
$2,989,249
19 $5,433,450 $1,970,707
$326,007
$3,136,736
20 $5,705,100 $2,071,217
$342,306
$3,291,577
21 $5,990,400 $2,176,778
$359,424
$3,454,198
22 $6,289,950 $2,287,612
$377,397
$3,624,941
23 $6,604,350 $2,403,940
$396,261
$3,804,149
24 $6,934,650 $2,526,151
$416,079
$3,992,420
25 $7,281,300 $2,654,411
$436,878
$4,190,011
26 $7,645,500 $2,789,165
$458,730
$4,397,605
27 $8,027,700 $2,930,579
$481,662
$4,615,459
28 $8,429,100 $3,079,097
$505,746
$4,844,257
29 $8,850,600 $3,235,052
$531,036
$5,084,512
30 $9,293,100 $3,398,777
$557,586
$5,336,737