The jackpot for the Powerball draw on Sat Oct 18, 2025, is projected to be $295 Million, with an option for a cash payout of $138.1 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 Oct 18, 2025 |
|---|
| Draw Date | Sat Oct 18, 2025 | | Projected Jackpot | $295,000,000 | | Cash Value | $138,100,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $138,100,000 | | Federal Tax(24%) | $33,144,000 | | Additional Federal Tax | $17,913,330 | | State Tax(6%) | $8,286,000 | | Net Lumpsum Payment | $78,756,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$4,440,045 |
$1,603,147
$266,403 |
$2,570,495 |
| 2 |
$4,662,180 |
$1,685,337
$279,731 |
$2,697,112 |
| 3 |
$4,895,230 |
$1,771,565
$293,714 |
$2,829,951 |
| 4 |
$5,140,080 |
$1,862,160
$308,405 |
$2,969,515 |
| 5 |
$5,397,025 |
$1,957,230
$323,822 |
$3,115,973 |
| 6 |
$5,666,950 |
$2,057,102
$340,017 |
$3,269,831 |
| 7 |
$5,950,150 |
$2,161,886
$357,009 |
$3,431,255 |
| 8 |
$6,247,805 |
$2,272,018
$374,868 |
$3,600,919 |
| 9 |
$6,560,210 |
$2,387,608
$393,613 |
$3,778,989 |
| 10 |
$6,888,250 |
$2,508,983
$413,295 |
$3,965,972 |
| 11 |
$7,232,515 |
$2,636,361
$433,951 |
$4,162,203 |
| 12 |
$7,594,185 |
$2,770,179
$455,651 |
$4,368,355 |
| 13 |
$7,973,850 |
$2,910,655
$478,431 |
$4,584,764 |
| 14 |
$8,372,690 |
$3,058,226
$502,361 |
$4,812,103 |
| 15 |
$8,791,295 |
$3,213,110
$527,478 |
$5,050,707 |
| 16 |
$9,230,845 |
$3,375,743
$553,851 |
$5,301,251 |
| 17 |
$9,692,225 |
$3,546,454
$581,534 |
$5,564,237 |
| 18 |
$10,176,910 |
$3,725,787
$610,615 |
$5,840,508 |
| 19 |
$10,685,785 |
$3,914,071
$641,147 |
$6,130,567 |
| 20 |
$11,220,030 |
$4,111,741
$673,202 |
$6,435,087 |
| 21 |
$11,781,120 |
$4,319,345
$706,867 |
$6,754,908 |
| 22 |
$12,370,235 |
$4,537,317
$742,214 |
$7,090,704 |
| 23 |
$12,988,555 |
$4,766,096
$779,313 |
$7,443,146 |
| 24 |
$13,638,145 |
$5,006,444
$818,289 |
$7,813,412 |
| 25 |
$14,319,890 |
$5,258,690
$859,193 |
$8,202,007 |
| 26 |
$15,036,150 |
$5,523,706
$902,169 |
$8,610,275 |
| 27 |
$15,787,810 |
$5,801,820
$947,269 |
$9,038,721 |
| 28 |
$16,577,230 |
$6,093,905
$994,634 |
$9,488,691 |
| 29 |
$17,406,180 |
$6,400,617
$1,044,371 |
$9,961,192 |
| 30 |
$18,276,430 |
$6,722,609
$1,096,586 |
$10,457,235 |
|
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