USA Mega
Home of Mega Millions and Powerball, the USA's biggest multi-state lottery games.
Marketplace

Powerball Annuity Jackpot Analysis for Vermont

Media: You may freely use any information on this page, but you must credit www.usamega.com.

The Powerball annuity jackpot is awarded according to an increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $100,000,000 would be for a resident of Vermont, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the final tax burden, which may vary depending on how the winner chooses to invest or dispense their prize money.  (For example, if the winner gave all their fortune to charity, they may actually end up getting money back that was initially withheld, whereas someone who buys a new mansion and a fleet of new cars would probably end up owing more taxes than shown.)

State:

Vermont

Drawing Date:  Wed, Jun 1, 2016
Jackpot:$100,000,000
Federal Tax:  25%
State Tax:6.00%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,505,144$376,286$90,309$1,038,549
2$1,580,401$395,100$94,824$1,090,476
3$1,659,421$414,855$99,565$1,145,000
4$1,742,392$435,598$104,544$1,202,250
5$1,829,511$457,378$109,771$1,262,363
6$1,920,987$480,247$115,259$1,325,481
7$2,017,036$504,259$121,022$1,391,755
8$2,117,888$529,472$127,073$1,461,343
9$2,223,783$555,946$133,427$1,534,410
10$2,334,972$583,743$140,098$1,611,130
11$2,451,720$612,930$147,103$1,691,687
12$2,574,306$643,577$154,458$1,776,271
13$2,703,022$675,755$162,181$1,865,085
14$2,838,173$709,543$170,290$1,958,339
15$2,980,081$745,020$178,805$2,056,256
16$3,129,085$782,271$187,745$2,159,069
17$3,285,540$821,385$197,132$2,267,022
18$3,449,817$862,454$206,989$2,380,373
19$3,622,307$905,577$217,338$2,499,392
20$3,803,423$950,856$228,205$2,624,362
21$3,993,594$998,398$239,616$2,755,580
22$4,193,274$1,048,318$251,596$2,893,359
23$4,402,937$1,100,734$264,176$3,038,027
24$4,623,084$1,155,771$277,385$3,189,928
25$4,854,238$1,213,560$291,254$3,349,424
26$5,096,950$1,274,238$305,817$3,516,896
27$5,351,798$1,337,949$321,108$3,692,740
28$5,619,388$1,404,847$337,163$3,877,377
29$5,900,357$1,475,089$354,021$4,071,246
30$6,195,375$1,548,844$371,722$4,274,809
Total$100,000,000$25,000,000$6,000,000$69,000,000
<( Back )Powerball Jackpot Analysis
(Current Drawing)
Top ^



Accuracy Statement  |  Advertise  |  Privacy Policy  |  Site Map  |  Terms of Use
Copyright © 1999-2016 Speednet Group.  All rights reserved.