USA Mega

Vermont Powerball Jackpot Annuity Payout Schedule for May 26, 2021

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The tax information provided here is based on 2026 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 $235,700,000 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:Wed, May 26, 2021
Jackpot:$235,700,000
Federal Tax:37% marginal rate
State Tax: 8.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$3,547,623$1,268,578$310,417$1,968,628
2$3,725,004$1,334,209$325,938$2,064,858
3$3,911,255$1,403,121$342,235$2,165,898
4$4,106,817$1,475,480$359,347$2,271,991
5$4,312,158$1,551,456$377,314$2,383,389
6$4,527,766$1,631,231$396,180$2,500,356
7$4,754,155$1,714,994$415,989$2,623,172
8$4,991,862$1,802,946$436,788$2,752,128
9$5,241,455$1,895,296$458,627$2,887,532
10$5,503,528$1,992,263$481,559$3,029,707
11$5,778,705$2,094,078$505,637$3,178,990
12$6,067,640$2,200,984$530,918$3,335,737
13$6,371,022$2,313,235$557,464$3,500,322
14$6,689,573$2,431,099$585,338$3,673,136
15$7,024,051$2,554,856$614,604$3,854,591
16$7,375,254$2,684,801$645,335$4,045,118
17$7,744,017$2,821,243$677,601$4,245,172
18$8,131,217$2,964,508$711,482$4,455,228
19$8,537,778$3,114,935$747,056$4,675,787
20$8,964,667$3,272,884$784,408$4,907,375
21$9,412,901$3,438,730$823,629$5,150,541
22$9,883,546$3,612,869$864,810$5,405,866
23$10,377,723$3,795,715$908,051$5,673,957
24$10,896,609$3,987,703$953,453$5,955,453
25$11,441,439$4,189,290$1,001,126$6,251,024
26$12,013,512$4,400,957$1,051,182$6,561,373
27$12,614,187$4,623,207$1,103,741$6,887,239
28$13,244,896$4,856,569$1,158,928$7,229,399
29$13,907,141$5,101,599$1,216,875$7,588,667
30$14,602,498$5,358,882$1,277,719$7,965,898
Total$235,700,000$85,887,718$20,623,751$129,188,532

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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.