USA Mega

Vermont Powerball Jackpot Annuity Payout Schedule for Mar 9, 2019

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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 $411,300,000 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, Mar 9, 2019
Jackpot:$411,300,000
Federal Tax:37% marginal rate
State Tax: 8.75%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$6,190,655$2,246,500$541,682$3,402,473
2$6,500,188$2,361,027$568,766$3,570,395
3$6,825,197$2,481,280$597,205$3,746,712
4$7,166,457$2,607,547$627,065$3,931,846
5$7,524,780$2,740,126$658,418$4,126,236
6$7,901,019$2,879,334$691,339$4,330,346
7$8,296,070$3,025,503$725,906$4,544,661
8$8,710,874$3,178,981$762,201$4,769,692
9$9,146,417$3,340,132$800,312$5,005,974
10$9,603,738$3,509,340$840,327$5,254,071
11$10,083,925$3,687,010$882,343$5,514,572
12$10,588,121$3,873,562$926,461$5,788,099
13$11,117,527$4,069,442$972,784$6,075,301
14$11,673,404$4,275,117$1,021,423$6,376,864
15$12,257,074$4,491,075$1,072,494$6,693,505
16$12,869,928$4,717,831$1,126,119$7,025,979
17$13,513,424$4,955,924$1,182,425$7,375,075
18$14,189,095$5,205,922$1,241,546$7,741,627
19$14,898,550$5,468,421$1,303,623$8,126,506
20$15,643,478$5,744,044$1,368,804$8,530,629
21$16,425,651$6,033,448$1,437,244$8,954,959
22$17,246,934$6,337,323$1,509,107$9,400,504
23$18,109,281$6,656,391$1,584,562$9,868,328
24$19,014,744$6,991,413$1,663,790$10,359,542
25$19,965,482$7,343,185$1,746,980$10,875,317
26$20,963,756$7,712,547$1,834,329$11,416,880
27$22,011,944$8,100,377$1,926,045$11,985,522
28$23,112,541$8,507,597$2,022,347$12,582,596
29$24,268,168$8,935,179$2,123,465$13,209,524
30$25,481,577$9,384,141$2,229,638$13,867,798
Total$411,300,001$150,859,719$35,988,750$224,451,533

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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.