USA Mega

Vermont Powerball Jackpot Annuity Payout Schedule for Apr 12, 2025

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 $88,700,000 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:Sat, Apr 12, 2025
Jackpot:$88,700,000
Federal Tax:37% marginal rate
State Tax: 8.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,335,062$450,993$116,818$767,251
2$1,401,815$475,692$122,659$803,465
3$1,471,906$501,626$128,792$841,489
4$1,545,502$528,856$135,231$881,414
5$1,622,777$557,448$141,993$923,336
6$1,703,915$587,469$149,093$967,354
7$1,789,111$618,991$156,547$1,013,573
8$1,878,567$652,090$164,375$1,062,102
9$1,972,495$686,843$172,593$1,113,058
10$2,071,120$723,335$181,223$1,166,562
11$2,174,676$761,650$190,284$1,222,741
12$2,283,410$801,882$199,798$1,281,729
13$2,397,580$844,125$209,788$1,343,667
14$2,517,459$888,480$220,278$1,408,701
15$2,643,332$935,053$231,292$1,476,987
16$2,775,499$983,955$242,856$1,548,688
17$2,914,274$1,035,301$254,999$1,623,973
18$3,059,987$1,089,216$267,749$1,703,023
19$3,212,987$1,145,825$281,136$1,786,025
20$3,373,636$1,205,266$295,193$1,873,177
21$3,542,318$1,267,678$309,953$1,964,687
22$3,719,434$1,333,211$325,450$2,060,772
23$3,905,405$1,402,020$341,723$2,161,662
24$4,100,676$1,474,270$358,809$2,267,596
25$4,305,709$1,550,133$376,750$2,378,827
26$4,520,995$1,629,788$395,587$2,495,619
27$4,747,045$1,713,427$415,366$2,618,251
28$4,984,397$1,801,247$436,135$2,747,015
29$5,233,617$1,893,458$457,941$2,882,217
30$5,495,297$1,990,280$480,839$3,024,179
Total$88,700,000$31,529,608$7,761,250$49,409,140

◄ 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.