The jackpot for the Powerball draw on Sat Sep 6, 2025, is projected to be $1.70 Billion, with an option for a cash payout of $770.3 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 Sep 6, 2025 |
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Draw Date | Sat Sep 6, 2025 | Projected Jackpot | $1,700,000,000 | Cash Value | $770,300,000 |
Lumpsum Option Taxes and Payment |
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Cash Gross Payment | $770,300,000 | Federal Tax(24%) | $184,872,000 | Additional Federal Tax | $100,099,330 | State Tax(6%) | $46,218,000 | Net Lumpsum Payment | $439,110,670 |
Annuity Payment in 30 Installations |
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Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
1 |
$25,586,700 |
$9,427,409 $1,535,202 |
$14,624,089 |
2 |
$26,866,800 |
$9,901,046 $1,612,008 |
$15,353,746 |
3 |
$28,209,800 |
$10,397,956 $1,692,588 |
$16,119,256 |
4 |
$29,620,800 |
$10,920,026 $1,777,248 |
$16,923,526 |
5 |
$31,101,500 |
$11,467,885 $1,866,090 |
$17,767,525 |
6 |
$32,657,000 |
$12,043,420 $1,959,420 |
$18,654,160 |
7 |
$34,289,000 |
$12,647,260 $2,057,340 |
$19,584,400 |
8 |
$36,004,300 |
$13,281,921 $2,160,258 |
$20,562,121 |
9 |
$37,804,600 |
$13,948,032 $2,268,276 |
$21,588,292 |
10 |
$39,695,000 |
$14,647,480 $2,381,700 |
$22,665,820 |
11 |
$41,678,900 |
$15,381,523 $2,500,734 |
$23,796,643 |
12 |
$43,763,100 |
$16,152,677 $2,625,786 |
$24,984,637 |
13 |
$45,951,000 |
$16,962,200 $2,757,060 |
$26,231,740 |
14 |
$48,249,400 |
$17,812,608 $2,894,964 |
$27,541,828 |
15 |
$50,661,700 |
$18,705,159 $3,039,702 |
$28,916,839 |
16 |
$53,194,700 |
$19,642,369 $3,191,682 |
$30,360,649 |
17 |
$55,853,500 |
$20,626,125 $3,351,210 |
$31,876,165 |
18 |
$58,646,600 |
$21,659,572 $3,518,796 |
$33,468,232 |
19 |
$61,579,100 |
$22,744,597 $3,694,746 |
$35,139,757 |
20 |
$64,657,800 |
$23,883,716 $3,879,468 |
$36,894,616 |
21 |
$67,891,200 |
$25,080,074 $4,073,472 |
$38,737,654 |
22 |
$71,286,100 |
$26,336,187 $4,277,166 |
$40,672,747 |
23 |
$74,849,300 |
$27,654,571 $4,490,958 |
$42,703,771 |
24 |
$78,592,700 |
$29,039,629 $4,715,562 |
$44,837,509 |
25 |
$82,521,400 |
$30,493,248 $4,951,284 |
$47,076,868 |
26 |
$86,649,000 |
$32,020,460 $5,198,940 |
$49,429,600 |
27 |
$90,980,600 |
$33,623,152 $5,458,836 |
$51,898,612 |
28 |
$95,529,800 |
$35,306,356 $5,731,788 |
$54,491,656 |
29 |
$100,306,800 |
$37,073,846 $6,018,408 |
$57,214,546 |
30 |
$105,321,800 |
$38,929,396 $6,319,308 |
$60,073,096 |
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