The jackpot for the Powerball draw on Sat Nov 8, 2025, is projected to be $467 Million, with an option for a cash payout of $220.7 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 Nov 8, 2025 |
|---|
| Draw Date | Sat Nov 8, 2025 | | Projected Jackpot | $467,000,000 | | Cash Value | $220,700,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $220,700,000 | | Federal Tax(24%) | $52,968,000 | | Additional Federal Tax | $28,651,330 | | State Tax(6%) | $13,242,000 | | Net Lumpsum Payment | $125,838,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$7,028,817 |
$2,560,993
$421,729 |
$4,046,095 |
| 2 |
$7,380,468 |
$2,691,104
$442,828 |
$4,246,536 |
| 3 |
$7,749,398 |
$2,827,608
$464,964 |
$4,456,826 |
| 4 |
$8,137,008 |
$2,971,023
$488,220 |
$4,677,765 |
| 5 |
$8,543,765 |
$3,121,523
$512,626 |
$4,909,616 |
| 6 |
$8,971,070 |
$3,279,626
$538,264 |
$5,153,180 |
| 7 |
$9,419,390 |
$3,445,505
$565,163 |
$5,408,722 |
| 8 |
$9,890,593 |
$3,619,850
$593,436 |
$5,677,307 |
| 9 |
$10,385,146 |
$3,802,834
$623,109 |
$5,959,203 |
| 10 |
$10,904,450 |
$3,994,977
$654,267 |
$6,255,206 |
| 11 |
$11,449,439 |
$4,196,623
$686,966 |
$6,565,850 |
| 12 |
$12,021,981 |
$4,408,463
$721,319 |
$6,892,199 |
| 13 |
$12,623,010 |
$4,630,844
$757,381 |
$7,234,785 |
| 14 |
$13,254,394 |
$4,864,456
$795,264 |
$7,594,674 |
| 15 |
$13,917,067 |
$5,109,645
$835,024 |
$7,972,398 |
| 16 |
$14,612,897 |
$5,367,102
$876,774 |
$8,369,021 |
| 17 |
$15,343,285 |
$5,637,346
$920,597 |
$8,785,342 |
| 18 |
$16,110,566 |
$5,921,240
$966,634 |
$9,222,692 |
| 19 |
$16,916,141 |
$6,219,303
$1,014,968 |
$9,681,870 |
| 20 |
$17,761,878 |
$6,532,225
$1,065,713 |
$10,163,940 |
| 21 |
$18,650,112 |
$6,860,872
$1,119,007 |
$10,670,233 |
| 22 |
$19,582,711 |
$7,205,933
$1,174,963 |
$11,201,815 |
| 23 |
$20,561,543 |
$7,568,101
$1,233,693 |
$11,759,749 |
| 24 |
$21,589,877 |
$7,948,585
$1,295,393 |
$12,345,899 |
| 25 |
$22,669,114 |
$8,347,903
$1,360,147 |
$12,961,064 |
| 26 |
$23,802,990 |
$8,767,437
$1,428,179 |
$13,607,374 |
| 27 |
$24,992,906 |
$9,207,706
$1,499,574 |
$14,285,626 |
| 28 |
$26,242,598 |
$9,670,092
$1,574,556 |
$14,997,950 |
| 29 |
$27,554,868 |
$10,155,632
$1,653,292 |
$15,745,944 |
| 30 |
$28,932,518 |
$10,665,362
$1,735,951 |
$16,531,205 |
|
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