The jackpot for the Powerball draw on Wed Sep 9, 2026, is projected to be $207 Million, with an option for a cash payout of $89.3 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 Wed Sep 9, 2026 |
|---|
| Draw Date | Wed Sep 9, 2026 | | Projected Jackpot | $207,000,000 | | Cash Value | $89,300,000 |
| Lumpsum Option Taxes and Payment |
|---|
| Cash Gross Payment | $89,300,000 | | Federal Tax(24%) | $21,432,000 | | Additional Federal Tax | $11,569,330 | | State Tax(6%) | $5,358,000 | | Net Lumpsum Payment | $50,940,670 |
| Annuity Payment in 30 Installations |
|---|
| Yr |
Gross Payment |
Fed/State Taxes |
Net Payment |
| 1 |
$3,115,557 |
$1,113,086
$186,933 |
$1,815,538 |
| 2 |
$3,271,428 |
$1,170,759
$196,286 |
$1,904,383 |
| 3 |
$3,434,958 |
$1,231,265
$206,097 |
$1,997,596 |
| 4 |
$3,606,768 |
$1,294,835
$216,406 |
$2,095,527 |
| 5 |
$3,787,065 |
$1,361,544
$227,224 |
$2,198,297 |
| 6 |
$3,976,470 |
$1,431,624
$238,588 |
$2,306,258 |
| 7 |
$4,175,190 |
$1,505,151
$250,511 |
$2,419,528 |
| 8 |
$4,384,053 |
$1,582,430
$263,043 |
$2,538,580 |
| 9 |
$4,603,266 |
$1,663,539
$276,196 |
$2,663,531 |
| 10 |
$4,833,450 |
$1,748,707
$290,007 |
$2,794,736 |
| 11 |
$5,075,019 |
$1,838,087
$304,501 |
$2,932,431 |
| 12 |
$5,328,801 |
$1,931,987
$319,728 |
$3,077,086 |
| 13 |
$5,595,210 |
$2,030,558
$335,713 |
$3,228,939 |
| 14 |
$5,875,074 |
$2,134,108
$352,504 |
$3,388,462 |
| 15 |
$6,168,807 |
$2,242,789
$370,128 |
$3,555,890 |
| 16 |
$6,477,237 |
$2,356,908
$388,634 |
$3,731,695 |
| 17 |
$6,800,985 |
$2,476,695
$408,059 |
$3,916,231 |
| 18 |
$7,141,086 |
$2,602,532
$428,465 |
$4,110,089 |
| 19 |
$7,498,161 |
$2,734,650
$449,890 |
$4,313,621 |
| 20 |
$7,873,038 |
$2,873,354
$472,382 |
$4,527,302 |
| 21 |
$8,266,752 |
$3,019,029
$496,005 |
$4,751,718 |
| 22 |
$8,680,131 |
$3,171,979
$520,808 |
$4,987,344 |
| 23 |
$9,114,003 |
$3,332,511
$546,840 |
$5,234,652 |
| 24 |
$9,569,817 |
$3,501,163
$574,189 |
$5,494,465 |
| 25 |
$10,048,194 |
$3,678,162
$602,892 |
$5,767,140 |
| 26 |
$10,550,790 |
$3,864,123
$633,047 |
$6,053,620 |
| 27 |
$11,078,226 |
$4,059,274
$664,694 |
$6,354,258 |
| 28 |
$11,632,158 |
$4,264,229
$697,929 |
$6,670,000 |
| 29 |
$12,213,828 |
$4,479,447
$732,830 |
$7,001,551 |
| 30 |
$12,824,478 |
$4,705,387
$769,469 |
$7,349,622 |
|
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