USA Mega

Vermont Powerball Jackpot Annuity Payout Schedule for Jan 28, 2026

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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 $40,700,000 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, Jan 28, 2026
Jackpot:$40,700,000
Federal Tax:37% marginal rate
State Tax: 8.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$612,593$183,177$53,602$375,815
2$643,223$193,950$56,282$392,991
3$675,384$205,849$59,096$410,439
4$709,153$218,344$62,051$428,759
5$744,611$231,463$65,153$447,994
6$781,842$245,239$68,411$468,192
7$820,934$259,703$71,832$489,399
8$861,980$274,890$75,423$511,667
9$905,079$290,837$79,194$535,048
10$950,333$307,581$83,154$559,599
11$997,850$325,162$87,312$585,376
12$1,047,743$343,622$91,677$612,443
13$1,100,130$363,005$96,261$640,863
14$1,155,136$383,358$101,074$670,704
15$1,212,893$404,728$106,128$702,037
16$1,273,538$427,166$111,435$734,937
17$1,337,215$450,727$117,006$769,482
18$1,404,075$475,465$122,857$805,754
19$1,474,279$501,441$128,999$843,839
20$1,547,993$528,715$135,449$883,829
21$1,625,393$557,353$142,222$925,818
22$1,706,662$587,422$149,333$969,907
23$1,791,995$618,996$156,800$1,016,200
24$1,881,595$652,147$164,640$1,064,808
25$1,975,675$686,957$172,872$1,115,846
26$2,074,459$723,507$181,515$1,169,437
27$2,178,182$761,884$190,591$1,225,706
28$2,287,091$802,181$200,120$1,284,789
29$2,401,445$844,492$210,126$1,346,827
30$2,521,518$888,919$220,633$1,411,966
Total$40,700,000$13,738,280$3,561,248$23,400,471

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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.