USA Mega

Colorado Powerball Jackpot Annuity Payout Schedule for Apr 15, 2000

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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 $69,600,000 for a ticket purchased in Colorado, 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:

Colorado

Drawing Date:Sat, Apr 15, 2000
Jackpot:$69,600,000
Federal Tax:37% marginal rate
State Tax: 4.4%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$1,240,975$415,118$54,603$771,254
2$1,290,614$433,484$56,787$800,342
3$1,342,238$452,585$59,058$830,594
4$1,395,928$472,451$61,421$862,057
5$1,451,765$493,110$63,878$894,777
6$1,509,836$514,596$66,433$928,806
7$1,570,229$536,942$69,090$964,197
8$1,633,038$560,181$71,854$1,001,003
9$1,698,360$584,350$74,728$1,039,282
10$1,766,294$609,486$77,717$1,079,091
11$1,836,946$635,627$80,826$1,120,493
12$1,910,424$662,814$84,059$1,163,551
13$1,986,841$691,088$87,421$1,208,331
14$2,066,314$720,494$90,918$1,254,903
15$2,148,967$751,075$94,555$1,303,337
16$2,234,926$782,880$98,337$1,353,709
17$2,324,323$815,957$102,270$1,406,096
18$2,417,296$850,357$106,361$1,460,578
19$2,513,987$886,133$110,615$1,517,239
20$2,614,547$923,340$115,040$1,576,167
21$2,719,129$962,035$119,642$1,637,452
22$2,827,894$1,002,278$124,427$1,701,189
23$2,941,010$1,044,131$129,404$1,767,474
24$3,058,650$1,087,658$134,581$1,836,412
25$3,180,996$1,132,926$139,964$1,908,106
26$3,308,236$1,180,005$145,562$1,982,669
27$3,440,565$1,228,966$151,385$2,060,214
28$3,578,188$1,279,887$157,440$2,140,861
29$3,721,316$1,332,844$163,738$2,224,734
30$3,870,168$1,387,919$170,287$2,311,961
Total$69,600,000$24,430,717$3,062,401$42,106,879

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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.