The jackpot for the Powerball draw on Sat Dec 20, 2025, is projected to be $1.50 Billion, with an option for a cash payout of $686.5 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 Dec 20, 2025 |
|---|
| Draw Date | Sat Dec 20, 2025 | | Projected Jackpot | $1,500,000,000 | | Cash Value | $686,500,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $686,500,000 | | Federal Tax(24%) | $164,760,000 | | Additional Federal Tax | $89,205,330 | | State Tax(6%) | $41,190,000 | | Net Lumpsum Payment | $391,344,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$22,576,500 |
$8,313,635
$1,354,590 |
$12,908,275 |
| 2 |
$23,706,000 |
$8,731,550
$1,422,360 |
$13,552,090 |
| 3 |
$24,891,000 |
$9,170,000
$1,493,460 |
$14,227,540 |
| 4 |
$26,136,000 |
$9,630,650
$1,568,160 |
$14,937,190 |
| 5 |
$27,442,500 |
$10,114,055
$1,646,550 |
$15,681,895 |
| 6 |
$28,815,000 |
$10,621,880
$1,728,900 |
$16,464,220 |
| 7 |
$30,255,000 |
$11,154,680
$1,815,300 |
$17,285,020 |
| 8 |
$31,768,500 |
$11,714,675
$1,906,110 |
$18,147,715 |
| 9 |
$33,357,000 |
$12,302,420
$2,001,420 |
$19,053,160 |
| 10 |
$35,025,000 |
$12,919,580
$2,101,500 |
$20,003,920 |
| 11 |
$36,775,500 |
$13,567,265
$2,206,530 |
$21,001,705 |
| 12 |
$38,614,500 |
$14,247,695
$2,316,870 |
$22,049,935 |
| 13 |
$40,545,000 |
$14,961,980
$2,432,700 |
$23,150,320 |
| 14 |
$42,573,000 |
$15,712,340
$2,554,380 |
$24,306,280 |
| 15 |
$44,701,500 |
$16,499,885
$2,682,090 |
$25,519,525 |
| 16 |
$46,936,500 |
$17,326,835
$2,816,190 |
$26,793,475 |
| 17 |
$49,282,500 |
$18,194,855
$2,956,950 |
$28,130,695 |
| 18 |
$51,747,000 |
$19,106,720
$3,104,820 |
$29,535,460 |
| 19 |
$54,334,500 |
$20,064,095
$3,260,070 |
$31,010,335 |
| 20 |
$57,051,000 |
$21,069,200
$3,423,060 |
$32,558,740 |
| 21 |
$59,904,000 |
$22,124,810
$3,594,240 |
$34,184,950 |
| 22 |
$62,899,500 |
$23,233,145
$3,773,970 |
$35,892,385 |
| 23 |
$66,043,500 |
$24,396,425
$3,962,610 |
$37,684,465 |
| 24 |
$69,346,500 |
$25,618,535
$4,160,790 |
$39,567,175 |
| 25 |
$72,813,000 |
$26,901,140
$4,368,780 |
$41,543,080 |
| 26 |
$76,455,000 |
$28,248,680
$4,587,300 |
$43,619,020 |
| 27 |
$80,277,000 |
$29,662,820
$4,816,620 |
$45,797,560 |
| 28 |
$84,291,000 |
$31,148,000
$5,057,460 |
$48,085,540 |
| 29 |
$88,506,000 |
$32,707,550
$5,310,360 |
$50,488,090 |
| 30 |
$92,931,000 |
$34,344,800
$5,575,860 |
$53,010,340 |
|
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