USA Mega

Vermont Powerball Jackpot Annuity Payout Schedule for May 7, 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 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 $66,200,000 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 7, 2025
Jackpot:$66,200,000
Federal Tax:37% marginal rate
State Tax: 8.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$996,405$324,627$87,185$584,592
2$1,046,225$343,061$91,545$611,620
3$1,098,537$362,416$96,122$639,999
4$1,153,463$382,739$100,928$669,797
5$1,211,136$404,078$105,974$701,084
6$1,271,693$426,484$111,273$733,936
7$1,335,278$450,010$116,837$768,431
8$1,402,042$474,713$122,679$804,650
9$1,472,144$500,651$128,813$842,681
10$1,545,751$527,885$135,253$882,613
11$1,623,039$556,482$142,016$924,541
12$1,704,191$586,508$149,117$968,566
13$1,789,400$618,035$156,573$1,014,792
14$1,878,870$651,139$164,401$1,063,330
15$1,972,814$685,898$172,621$1,114,294
16$2,071,454$722,395$181,252$1,167,807
17$2,175,027$760,717$190,315$1,223,995
18$2,283,779$800,955$199,831$1,282,993
19$2,397,967$843,205$209,822$1,344,940
20$2,517,866$887,568$220,313$1,409,985
21$2,643,759$934,148$231,329$1,478,282
22$2,775,947$983,058$242,895$1,549,994
23$2,914,744$1,034,413$255,040$1,625,292
24$3,060,482$1,088,335$267,792$1,704,354
25$3,213,506$1,144,954$281,182$1,787,370
26$3,374,181$1,204,404$295,241$1,874,536
27$3,542,890$1,266,827$310,003$1,966,061
28$3,720,035$1,332,370$325,503$2,062,161
29$3,906,036$1,401,191$341,778$2,163,067
30$4,101,338$1,473,452$358,867$2,269,019
Total$66,200,000$23,172,718$5,792,500$37,234,782

◄ 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.