The jackpot for the Powerball draw on Mon Jun 30, 2025, is projected to be $162 Million, with an option for a cash payout of $74.2 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 Jun 30, 2025 |
|---|
| Draw Date | Mon Jun 30, 2025 | | Projected Jackpot | $162,000,000 | | Cash Value | $74,200,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $74,200,000 | | Federal Tax(24%) | $17,808,000 | | Additional Federal Tax | $9,606,330 | | State Tax(6%) | $4,452,000 | | Net Lumpsum Payment | $42,333,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$2,438,262 |
$862,487
$146,296 |
$1,429,479 |
| 2 |
$2,560,248 |
$907,622
$153,615 |
$1,499,011 |
| 3 |
$2,688,228 |
$954,975
$161,294 |
$1,571,959 |
| 4 |
$2,822,688 |
$1,004,725
$169,361 |
$1,648,602 |
| 5 |
$2,963,790 |
$1,056,933
$177,827 |
$1,729,030 |
| 6 |
$3,112,020 |
$1,111,778
$186,721 |
$1,813,521 |
| 7 |
$3,267,540 |
$1,169,320
$196,052 |
$1,902,168 |
| 8 |
$3,430,998 |
$1,229,800
$205,860 |
$1,995,338 |
| 9 |
$3,602,556 |
$1,293,276
$216,153 |
$2,093,127 |
| 10 |
$3,782,700 |
$1,359,929
$226,962 |
$2,195,809 |
| 11 |
$3,971,754 |
$1,429,879
$238,305 |
$2,303,570 |
| 12 |
$4,170,366 |
$1,503,366
$250,222 |
$2,416,778 |
| 13 |
$4,378,860 |
$1,580,509
$262,732 |
$2,535,619 |
| 14 |
$4,597,884 |
$1,661,547
$275,873 |
$2,660,464 |
| 15 |
$4,827,762 |
$1,746,602
$289,666 |
$2,791,494 |
| 16 |
$5,069,142 |
$1,835,913
$304,149 |
$2,929,080 |
| 17 |
$5,322,510 |
$1,929,659
$319,351 |
$3,073,500 |
| 18 |
$5,588,676 |
$2,028,141
$335,321 |
$3,225,214 |
| 19 |
$5,868,126 |
$2,131,537
$352,088 |
$3,384,501 |
| 20 |
$6,161,508 |
$2,240,088
$369,690 |
$3,551,730 |
| 21 |
$6,469,632 |
$2,354,094
$388,178 |
$3,727,360 |
| 22 |
$6,793,146 |
$2,473,794
$407,589 |
$3,911,763 |
| 23 |
$7,132,698 |
$2,599,429
$427,962 |
$4,105,307 |
| 24 |
$7,489,422 |
$2,731,417
$449,365 |
$4,308,640 |
| 25 |
$7,863,804 |
$2,869,938
$471,828 |
$4,522,038 |
| 26 |
$8,257,140 |
$3,015,472
$495,428 |
$4,746,240 |
| 27 |
$8,669,916 |
$3,168,199
$520,195 |
$4,981,522 |
| 28 |
$9,103,428 |
$3,328,599
$546,206 |
$5,228,623 |
| 29 |
$9,558,648 |
$3,497,030
$573,519 |
$5,488,099 |
| 30 |
$10,036,548 |
$3,673,853
$602,193 |
$5,760,502 |
|
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