Vermont Powerball

Latest Powerball results and how much you keep after Vermont taxes.

Latest Powerball Drawing

Saturday, August 22
133154576523

Jackpot: $81M

Drawings every Mon, Wed & Sat at 10:59 PM ET · Power Play optional +$1

Vermont Powerball — Take-Home After Taxes

Based on $81M jackpot · Estimated

Cash Lump Sum

Advertised jackpot$81M
Cash value (~55%)$45M
Federal tax (37%)$16M
Vermont tax (8.75%)$4M
You keep$24M

Annuity (30 Payments)

Full jackpot$81M
Annual payment$3M
Federal withholding (24%)$648K
Vermont tax$236K
Annual net$2M
30-year total$54M

Vermont Lottery Information

State tax on winnings

8.75%

Draw days

Mon, Wed, Sat at 10:59 PM ET

Ticket price

$2 per play (+$1 Power Play)

Jackpot odds

1 in 292,201,338

Official Vermont Lottery Website

Frequently Asked Questions

How much is the Powerball jackpot in Vermont?

The current Powerball jackpot is $81M. Powerball is played in Vermont along with 44 other states. Drawings are held Monday, Wednesday, and Saturday at 10:59 PM ET.

How much do you keep from Powerball in Vermont?

For the lump sum on a $81M jackpot in Vermont, you'd receive $45M cash, pay approximately $16M in federal taxes and $4M in Vermont state taxes (8.75%), keeping about $24M.

Where do I buy Powerball tickets in Vermont?

Powerball tickets are sold at most convenience stores, gas stations, grocery stores, and other licensed lottery retailers throughout Vermont. Tickets cost $2 per play, with an optional $1 Power Play add-on.

How do I claim a Powerball prize in Vermont?

Prizes under $600 can typically be claimed at any Vermont lottery retailer. Prizes $600 and above must be claimed at a Vermont Lottery district office or headquarters. Jackpot winners must contact the Vermont Lottery directly. Keep your ticket safe — it is the only proof of your win.

Does Vermont tax Powerball winnings?

Yes. Vermont taxes lottery winnings at 8.75% state income tax, in addition to federal taxes. Use our Vermont lottery tax calculator to see your exact take-home.

Powerball in Vermont

Vermont residents can purchase Powerball tickets at licensed lottery retailers statewide. Powerball is a multi-state lottery operated by the Multi-State Lottery Association (MUSL), with drawings every Monday, Wednesday, and Saturday at 10:59 PM Eastern Time.

If you win the Powerball jackpot in Vermont, you have 60 days from the drawing date to choose between the lump-sum cash option and the annuity. The lump sum pays approximately 55-60% of the advertised jackpot immediately, while the annuity pays the full amount over 29 years in 30 graduated payments.

Vermont taxes lottery winnings at 8.75%, which is applied on top of the 37% federal tax rate for top earners. For a large jackpot, the combined effective rate can exceed 50% for lump-sum winners. Use the Vermont lottery tax calculator for a precise breakdown based on your specific prize amount.