USA Mega

Vermont Powerball Jackpot Annuity Payout Schedule for May 25, 2013

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

The tax information provided here is based on 2025 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Powerball annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $50,000,000 for a ticket purchased in 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 exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Vermont

Drawing Date:Sat, May 25, 2013
Jackpot:$50,000,000
Federal Tax:37% marginal rate
State Tax: 8.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$891,505$286,877$78,007$526,621
2$927,165$300,071$81,127$545,967
3$964,252$313,793$84,372$566,086
4$1,002,822$328,064$87,747$587,011
5$1,042,935$342,906$91,257$608,772
6$1,084,652$358,342$94,907$631,404
7$1,128,038$374,394$98,703$654,940
8$1,173,160$391,089$102,651$679,419
9$1,220,086$408,452$106,758$704,876
10$1,268,890$426,509$111,028$731,352
11$1,319,645$445,289$115,469$758,887
12$1,372,431$464,820$120,088$787,524
13$1,427,328$485,132$124,891$817,305
14$1,484,421$506,256$129,887$848,278
15$1,543,798$528,226$135,082$880,490
16$1,605,550$551,074$140,486$913,991
17$1,669,772$574,836$146,105$948,831
18$1,736,563$599,549$151,949$985,065
19$1,806,025$625,250$158,027$1,022,749
20$1,878,266$651,979$164,348$1,061,939
21$1,953,397$679,777$170,922$1,102,698
22$2,031,533$708,687$177,759$1,145,086
23$2,112,794$738,754$184,870$1,189,171
24$2,197,306$770,024$192,264$1,235,018
25$2,285,198$802,544$199,955$1,282,700
26$2,376,606$836,365$207,953$1,332,289
27$2,471,671$871,538$216,271$1,383,861
28$2,570,537$908,119$224,922$1,437,496
29$2,673,359$946,163$233,919$1,493,277
30$2,780,293$985,729$243,276$1,551,289
Total$50,000,000$17,210,608$4,375,000$28,414,392

◄ Back to Jackpot Analysis

Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.